Russia’s Lukoil says Q1 net profit up 37% y/y, helped by weaker rouble
Russia’s No.2 oil producer Lukoil posted a 37 percent rise in first quarter profit to 149.2 billion roubles ($2.3 billion),…
Sanctions show US has a ‘burning interest’ in Venezuela’s energy resources – Rosneft CEO
Venezuela’s natural resources lure many companies that would like to tap them, especially American ones, and sanctions against the South…
Shell plans to boost returns and become a force in power
Royal Dutch Shell outlined plans on Tuesday to boost shareholder returns after 2020, while also increasing spending on oil, gas…
Valmet Energy Day România – June 18, 2019, Bucharest
Finnish company Valmet organizes the Valmet Energy Day seminar on June 18, 2019, at the Hilton Garden Inn Hotel, in…
Hydropower Balkans, the 3rd edition (November 7-8, Belgrad)
3rd International Summit and exhibition “HYDROPOWER BALKANS 2019” is a professional platform, bringing together chief ministers, major investors, decision-makers of…
OMV chief criticises US pressure over Russian gas pipeline
The head of OMV has accused the US of trying to “dictate” energy policy to its allies, calling on the…
The court rejected the request for the cancellation of approvals for the offshore gas project at the Black Sea
The Constanţa Tribunal rejected the request of a landowner in Tuzla, Constanţa, and the similar one of an NGO, the…
Gazprom boosts first-quarter profit 44% despite lower gas sales
Russia’s state-owned gas giant Gazprom increased its first-quarter net profit by 44 per cent over the previous year as higher…
Bulgartransgaz changed the consortium which will build “Turkish Stream” through Bulgaria
Bulgartransgaz changed the consortium, which will build “Turkish Stream” through Bulgaria. The reason – the previous favourite did not submit…
KEVR: The Prices of Heating in Bulgaria will Start Rising from July due to the situation in Iran and Venezuela
The complicated situation in Iran and Venezuela and the high carbon prices that have an effect on all energy companies…
US energy department rebrands gas exports ‘molecules of freedom’
US energy officials appeared to rebrand natural gas produced in the country as “freedom gas”, in a statement announcing an…
ANRE modifies the legislation of gas exchanges so that contracts with delivery periods of over one year can be concluded
The National Regulatory Authority for Energy (ANRE) initiated a draft order for the amendment of the regulations of the centralized…
UK: Vulnerable households are spending £250 million more than they should
Vulnerable households are spending £250 million more than they should on energy bills as companies break competition rules to fleece…
Granting Turkey ownership rights, a way out of energy stalemate in E. Med
Assigning to Turkey part of the ownership rights on Cyprus’ under-the-sea wealth is worth consideration as a solution in the…
Russia halts transit of Kazakh LPG and coal to Ukraine
Kazakhstan’s state railway company has suspended liquefied petroleum gas (LPG) and coal shipments to Ukraine after transit nation Russia banned…
Gazprom says supplies to China to reach 38 bcm in 2025
Russian state gas producer Gazprom plans to supply 38 billion cubic metres (bcm) of natural gas to China in 2025,…
GEO 114 diminished the gas market liquidity and increased prices for companies
The amount of gas available to non-household customers on centralized markets has significantly decreased, which has led to price increases,…
The ministry asks investors for KPIs for European ETS funds by June 1 – too short of a term
The Energy Ministry has urged investors to provide the main investment indicators for EU ETS in just two weeks to…
Lack of protection for vulnerable consumers means more state interventionism that drives the investors away
The Employers Federation of Petrol and Gas – FPPG launched the most comprehensive study on the dynamics of the local…
Turkey insists on right to drill for energy reserves off Cyprus
Tensions over energy resources in the eastern Mediterranean have risen sharply after Turkey said it would “exercise its sovereign rights”…
2019 SET Plan Annual Conference
The 12th SET Plan Conference will be held from 12 to 14 June 2019, at the Politehnica University of Bucharest…
Romgaz: Performance indicators need to be redone, Liviu Nistoran leaves for a banker
Romgaz shareholders rejected the performance indicators proposed for the period 2018-2022. At the same time, the quorum vote of May…