US shale’s full impact still hasn’t hit oil markets, IEA director says
Shale oil’s impact will have “huge implications” for global energy markets for many years, Fatih Birol, executive director at the…
Capping gas and power prices and the new charging regime may jeopardize Romania’s energy independence
Romania’s economy is now heading for an uncertain future, warns Johan Meyer, CEO Franklin Templeton Investments Bucharest. Unexpected tax changes…
Swiss court cancels arrest of Gazprom-owned Nord Stream Shares
A Swiss court ruled to cancel its previous ruling to arrest Russian energy giant Gazprom’s shares in Nord Stream and…
Diesel prices rise, gasoline’s drops slightly
The price of diesel has risen for the second week in a row, this time with more than 1.5%, at…
Gazprom, Georgia plan to agree on gas transit to Armenia in 14 days — minister
Georgia expects to complete talks on a new deal with Gazprom on the transit of Russian gas to Armenia within…
Croatian LNG terminal to go ahead despite low demand
Croatia will press on with a planned floating liquefied natural gas (LNG) terminal project in the northern Adriatic despite a…
U.S. wants Qatar to challenge Russian gas in Europe – U.S. official
The United States wants Qatar, the world’s top liquefied natural gas supplier, to challenge Russia’s gas dominance in Europe, a…
Saudi energy minister: Russia moving ‘slower than I’d like’ on oil cuts
Saudi Arabia’s Energy minister said Sunday he’s positive OPEC and partnered nations will meet their production cut commitments to balance…
Diesel prices up by more than 1% in a week
The price of diesel has risen by more than 1% last week at Petrom stations monitored by energynomics.ro in eight…
Trans Adriatic Pipeline completes €3.9bn project financing, €1bn from EBRD
The Trans Adriatic Pipeline (TAP) is announcing financial close today, with €3.9 billion secured from public and private lenders. The…
Ukraine ready to drop case against Gazprom if compensation payment is guaranteed
Naftogaz of Ukraine is ready to withdraw a lawsuit against Gazprom from the Stockholm Arbitration in the gas transit tariff…
U.S. LNG producers face risk unless trade war resolved: energy group
The nascent U.S. liquefied natural gas export industry has been particularly vulnerable to the U.S.-China trade war, the head of…
Energy suppliers to face tighter rules after nine bankruptcies – Ofgem
Energy regulator Ofgem is to tighten up the rules for new suppliers of gas and electricity after nine new entrants…
U.S. top court rejects Exxon in climate change document dispute
The U.S. Supreme Court on Monday cleared the way for the attorney general of Massachusetts to obtain records from Exxon…
Oil finds support, as 2019 begins
A tumultuous first trading week of 2019 headed towards a calmer close. After hitting a 33-months low the Bloomberg Commodity…
Retail fuel prices Petrom – Jan 7th, 2019
Crude oil prices in international markets have risen by almost 15% over the past two weeks, following a steep decline…
Lithuania reaches deal with Russia’s Gazprom on 2019 gas supplies
Lithuania and Russia’s gas giant Gazprom have agreed on the terms of gas supplies in 2019, with the final signatures…