Romgaz looks for a new general manager
Romgaz, the largest producer and the main natural gas supplier in Romania, started the recruitment process for a new general…
MOL Group raises full year profit target based on first half results
MOL Group announced its financial results for the first six months of 2018. EBITDA was sustained at the very strong…
Klaus Iohannis re-sends to Parliament the offshore Law, for review
President Klaus Iohannis has decided to resubmit the offshore Law to the Parliament for review. One of the reasons put…
Trump bets on new European LNG terminals, but EU funds meagre
US President Donald Trump expects the European Union to fund 9 to 11 liquefied natural gas (LNG) ports to absorb…
OMV Petrom: Net profit up 6% in H1
OMV Petrom Group posted a net profit worth 1.28 billion lei in the first half of this year (S1), up…
Offshore Law: US Energy Secretary Rick Perry called in the Romanian ambassador for talks
Romanian Ambassador in Washington, George Maior, had a meeting with US Energy Secretary Rick Perry and talks focused on offshore…
Trump’s plan for US LNG in Europe to face reality check
President Donald Trump’s plan for “vast amounts” of US liquefied natural gas (LNG) to be sold to the European Union…
Gazprom wooes Iran for more oilfields
National Iranian Oil Company (NIOC) has discussed the Russian Gazprom’s offer to develop Iran’s North Pars Gas Field as well…
Oana Mogoi (ING Bank): Funding for energy through the reserve based lending mechanism
New realities (market players, behaviors, obligations, etc.) can be introduced through legislation. However, national legislation must take into account the…
EU and Ukraine in tug of war over Naftogaz unbundling
The European Commission has repeated its insistence on breaking up the Ukrainian national gas and oil monopoly Naftogaz, separating transmission…
SOCAR interested in gas distribution in Bulgaria
Azerbaijan’s state oil company SOCAR is interested in gas distribution in Bulgaria, Director of SOCAR Balkan company Murad Heydarov said.…
Energy giants opening natural gas spigots, fueling profit rise
The world’s largest oil companies are pumping more natural gas than ever before, helping to spur a rise in profits…
