US shale oil hard hit by crude prices
U.S. shale oil production will drop 9 percent next year as a crude price below $50 a barrel “slams brakes”…
ANRE: Romania could have no imports of natural gas starting next year
Romania will import this year from Russia only 3% of the natural gas consumption, but next year it may abandon…
Polish president oposes Russia’s Baltic gas pipeline to Germany
Poland’s conservative president slammed a deal between Russian energy giant Gazprom and several leading Western firms, to build a second…
On Oilman Day, ROPEPCA request state aid for the oil and gas industry
For 25 years, September 8 has a deep meaning for Romanian oilmen and their families – is “Oilman Day”, celebrated,…
Excises level and currency devaluation pull up fuel price
The government has practically doubled in the last seven years the level of fees, and the RON depreciated in nominal…
Germany helps Russia bypass Ukraine via Nord Stream 2
Gazprom and its European partners signed a shareholders’ agreement on the Nord Stream-2 gas pipeline project that will run beneath…
Hit by cheap oil, Canada’s economy falls into recession
The Canadian economy shrank again in the second quarter, putting the country in recession for the first time since the…
OPEC magazine op-ed that fueled oil rally baffles insiders
An OPEC publication written by the exporter group’s public relations team helped oil prices jump and prompted speculation over a…