Receiver: A Chinese company shows interest in Oltchim
Representatives of a Chinese petrochemical company will have a meeting this week with the receivers of Oltchim, interested in buying…
Gazprom annuls Saipem deal for Turkish Stream construction
The energy group Gazprom announced that it has canceled a contract with Italian contractor Saipem to build the first section…
RME: Gas market liquidity can increase by using the STEGN platform
The Romanian Commodities Exchange (BRM) announces that, despite the complaint of the gas market players on short-term liquidity, the STEGN…
Seizure on Lukoil Europe Holdings BV accounts for a 2 billion euros prejudice
Update: Lukoil denies the allegations of money laundering and tax evasion and intends to appeal against the provision Prosecutor of…
Daradics, MOL: It is difficult to estimate Grexit effects
The increase in sales volumes in the first quarter seems to indicate a recovery of the economy, but it is…
Daniel Apostol, appointed as Secretary General of ROPEPCA oil association
Daniel Apostol was named as Secretary General of Romanian Petroleum Exploration and Production Companies Association (ROPEPCA). Moreover, the association’s website…
Daniel Apostol: Investments will not continue without an attractive regulatory and fiscal framework
This is the transcript of the message delivered by Daniel Apostol, General Secretary of ROPEPCA oil association, during the Energy…
Gazprom delays Turkish Stream works
Gazprom has told pipeline makers to suspend deliveries of pipes for expanding Russia’s network to be connected to the proposed…
Mihail Mitroi: Gas storage should be the emergency plan of this energy strategy
This is the transcript of the message delivered by Mihail Mitroi, Vicepresident at Prospecțiuni S.A., during the Energy Strategy Summit,…
KMG invests another 18 million dollars into Rompetrol chain
KMG International will invest through Rompetrol Downstream about 18 million dollars by the end of 2015 into expanding its retail…
Elements of an optimal fiscal regime for Romania’s offshore sector
Policy Paper, June 2015 Context The Energy Policy Group (EPG) organized on 21 May 2015, with the support of the Romanian…
BP settles 2010 U.S. oil spill claims for 18.7 billion dollars
BP Plc has reached a comprehensive 18.7 billion dollars settlement with the U.S. government and five states, a landmark deal…
Gas price for heating up by more than 11%
The government approved on Wednesday a new timetable for the liberalization of the purchase price of natural gas from domestic…
Artur Stratan: A principle delivered to the Government is tax on profits, not on investment
This is the transcript of the message delivered by Artur Stratan, Chairman of the Association of Oil Exploration and Production…
Oil to rise again as Brazil, Iraq cut output
Massive downward revisions to oil output in Brazil and Iraq have increased the risks for oil markets of going from…
GE to sell its global fleet assets to Element and Arval
General Electric on Monday said it agreed to sell its fleet management arm in the United States, Mexico, Australia and…