Stronger North Asian demand, Brexit lift Asian spot LNG prices
Asian prices for liquefied natural gas (LNG) rose to their highest since February this week, pushed up by a rise…
MOL completes ENI acquisition in Slovenia, grows in Romania too
MOL Group completed the acquisition of ENI´s Slovenian Downstream business. The Hungarian company ended 2015 with 202 filling stations in…
Romgaz announces a new hydrocarbon discovery, in Buzău county
Romgaz announces a new hydrocarbon discovery on the Romanian territory in block RG.06 Muntenia Nord-Est, where it performs petroleum operations.…
The price of natural gas from domestic production stays at 60 lei/MWh until March 2017
The Cabinet has decided the purchase price of natural gas from domestic production for household consumers to remain unchanged until…
Mark Beacom: As a country, if you want energy security, you should produce the energy yourself
This is the transcript of the message delivered by Mark Beacom, CEO of Black Sea Oil & Gas, and Vice-Chairman…
Poland Receives 1st Commercial LNG Cargo at the Baltic Sea port of Swinoujscie
The first commercial cargo has arrived on Friday at Poland’s LNG import terminal under a term supply contract from Qatargas…
KMG International: The seizure established by DIICOT threatens the investment and developments plans of the Group
KMG International considers that the decision taken by the High Court of Cassation and Justice today of maintaining the seizure…
IEA Cuts Oil Surplus Estimate, Sees Market Balance in 2017
The global oil market will be almost balanced next year as demand continues to rise faster than production, while the…
KMG International overpassed 25 million tons of crude unloaded by through Black Sea Marine Terminal
As of May 2016 the volume of the unloaded crude by KMG International through the offshore terminal out in the…
Vitalie Mîrza, Jereh Petroleum Equipment: It is the perfect time to enter the European and the Romanian market
Jereh is an international integrated oil and gas company, working in more than 60 countries to maximize the potential of…
Sorin Gal: O&G exploration activity is the most important at the moment
This is the transcript of the message delivered by Sorin Gal, General Director of the National Agency for Mineral Resources, during…
Mariana Gheorghe, 10 years leading the largest oil and gas producer in South-East Europe
10 years ago, Petrom was the largest oil and gas company in Romania. It quickly became the leader of South-East…
Bulgaria, Slovakia Memorandum for a West – East gas pipeline
The transporters of natural gas in Slovakia (Eustream) and Bulgaria (Bulgartransgaz) signed a Memorandum of Understanding regarding the Eastring pipeline,…
EU will vet member states gas deals with non-EU countries
The European Council decided on Monday that gas-related intergovernmental agreements between member states and third countries would be vetted by…
European Commission made unannounced inspections at Transgaz, Romgaz and OMV Petrom
Inspectors from DG Competition, a European Commission structure, have conducted “unannounced inspections” at premises of Transgaz, Romgaz and OMV Petrom,…
