Bulgartransgaz buys 20% of Gastrade, gets involved in the Alexandroupolis LNG Terminal
The Greek company Gastrade SA announces the signing of the agreement for the acquisition of 20% of its share capital…
Delgaz Grid: Investments of 5 mln. lei in gas leak detection equipment
Delgaz Grid continues to invest in modern gas leak detection technology, recently being completed the acquisition process for 8 auto…
Erdogan says Turkey has discovered 320 billion cubic meters of natural gas in the Black Sea
Turkish President Recep Tayyip Erdogan announced on Friday that the country has discovered the largest natural gas deposits in its…
EU Delegation opposes US sanctions on Russian gas pipe Nord Stream 2
An EU delegation in Washington has officially opposed the US threat of additional sanctions against the Nord Stream 2 pipeline…
Gazprom retains forecast for average gas price in EU at $133 in 2020
Gazprom still expects the average price of Russian gas in Europe this year to be around $133 per 1,000 cubic…
Turkey discovered energy resources in the Black Sea
Turkey has discovered energy resources in the Black Sea, most likely natural gas, market sources told Bloomberg on Wednesday. Turkish…
Conpet launched its first electric locomotive into operation
The first electric locomotive of the Conpet Ploieşti company was recently launched into operation at the Ramp Bărbăteşti in Gorj…
Romgaz analyzes the takeover of ELCEN CHPs
Romgaz analyzes the takeover of four thermal power plants of Electrocentrale București (ELCEN), the largest producer of thermal energy for…
Calik Enerji of Turkey, general contractor for the construction of the Petromidia new cogeneration plant
Today, the Kazakh-Romanian Energy Investment Fund (FIEKR) signed with Calik Enerji (Turkey) the EPC (Engineering, Procurement and Construction) contract for…
MFE: 235 mln. euro for the development of smart gas distribution networks
Bogdan Tudorache The Ministry of European Funds has launched the call for projects entitled “Development of intelligent natural gas distribution…
Russia’s Gazprom sees Q2 international gas sales slide 17%
Russia’s Gazprom saw its international gas sales in the second quarter slide by 17% year on year to 44.9 Bcm,…
EU urges Turkey to halt gas hunt in East Mediterranean
The European Union urged Turkey to “immediately” stop exploring for gas in a disputed area of the eastern Mediterranean, as…
Conpet: Turnover grows 1.7%, EBITDA up 3.5% in H1
Bogdan Tudorache Conpet reported an increase in turnover of 1.7%, the net profit increasing by 1.9% in the first half…
ROMATOM: The biggest process equipment, made in Romania on the IMGB platform, for a refinery in Egypt
The Romanian Atomic Forum (ROMATOM) welcomes the achievement of Walter Tosto WTB, ROMATOM member, who manufactured for the first time…
Turkey announces expansion of gas field exploration operations in eastern Mediterranean
Turkey has announced the expansion of its gas field exploration operations in a disputed area in the Eastern Mediterranean, despite…
Orban: I warn the temporary authorities of the Republic of Moldova not to try to politicize the Ungheni-Chisinau gas pipeline
On Friday, the Prime Minister of Romania, Ludovic Orban, warn the Moldovan authorities not to politicize the issue of the…
Rompetrol Rafinare: Declining financial results in H1, due to unprecedented volatility in the oil market
Rompetrol Rafinare, a member company of the KMG International Group, recorded declining financial results in the first half of 2020,…
Romgaz announces a 16% drop in deliveries in H1
The operational and financial performances of the Romgaz Group achieved in the first half of 2020 (S1) remain high, even…
partnerg-i eyes a good opportunity for industrial consumers when contracting natural gas
The gas year begins on October 1 and ends on the same date of the following year, and it consists…
Greece is postponing the tender for the concession of an underground gas storage facility
Greece has postponed by a month the deadline by which investors could bid for the concession of an underground gas…
BSOG begins installing pipeline to shore up gases from Midia Black Sea perimeter
The oil company Black Sea Oil & Gas (BSOG), controlled by the American asset management group Carlyle, the only concessionaire…
Dacian Petroleum buys 40 perimeters from OMV Petrom for almost USD 18 mln
Dacian Petroleum will buy 40 OMV Petrom fields located in the south of Romania and with a cumulative oil and…
OPEC cut its oil demand estimates for 2020
Global oil demand will fall more sharply this year than previously forecast due to the coronavirus pandemic (COVID-19) and there…