Oil slips on worries Mideast rift could undermine OPEC cuts
Oil prices slipped further below $50 a barrel on Tuesday on concerns that a diplomatic rift between Qatar and several…
Roland Berger: The oil price will remain around $50 a barrel
Almost all oil-producing countries have overestimated the projected price for 2016. Last year, the three oil producing countries with the…
Seele, OMV: Q2 has been stable, positive
Austrian oil and gas group OMV has seen stable business in the second quarter, CEO Rainer Seele told reporters, after…
EU, Gazprom buy time to settle gas antitrust case
Gazprom and the European Commission need further talks to assess the Russian gas giant’s compliance with EU competition law, they…
Rompetrol opened its first gas station with electric car charging stations
Rompetrol Downstream, the retail company of KMG International, today inaugurated May 26, the first gas station equipped with electric power…
ANRE supports BRM and ”effective competition”, the exchange announces record trades
While at the BRM exchange ring, 300.000 MWh were traded at a record price of 68,50 lei/MWh, one of the…
OPEC nearing deal to extend oil output cut to March 2018
OPEC and non-member oil producers moved closer on Wednesday to clinching a deal on extending output cuts by nine months…
India asks OPEC to stop subsidizing western buyers at Asia’s cost
India has asked oil producing countries to stop discrimination against it and other Asian countries on petroleum and gas prices.…
SOCAR reaches 36 fuel stations in Romania
Romania’s subsidiary of Azerbaijan’s national oil company, SOCAR, opened its second gas station in Bucharest, which also allows charging of…
Germany reiterates support for Nord Stream 2 gas pipeline
Berlin favors the implementation of the Nord Stream 2 gas pipeline project, German Foreign Minister Sigmar Gabriel said on Thursday.…
Cartel Alfa Union asks the gov’t to summon the Trilateral Committee for gas market negotiations
Cartel Alfa Union asks the government to convene the Tripartite National Social Dialogue Council to discuss about the sale of…