New delays threaten investments estimated at USD 22.3 billion
Offshore Law approaches adoption in Parliament. Streamlining the clearance process for the energy projects at the Black Sea would blaze…
Change of paradigm on the natural gas market in the region
The Romanian oil and gas industry is enthusiastically living the dawn of a new era – the commercial exploitation of…
Exxon Mobil speeds up energy trading to boost profit
Exxon Mobil Corp is pushing deeper into energy trading, building a global cadre of experienced traders and beefing up risk-management…
The MET Group takes over RWE Energie Romania and enters among top suppliers in the competitive market
MET and Innogy groups (ELMŰ-ÉMÁSZ) signed an agreement on the acquisition by the MET of RWE Energie (RWEE) Romania, owned…
Dutch court approved Naftogaz petition to freeze Gazprom assets in Holland
Ukraine’s Naftogaz said on Tuesday that a Dutch court had approved its petition to freeze Gazprom assets in the Netherlands…
Hajdinjak: Black Sea gas will ensure Romania’s energy security
The gas to be extracted from the Black Sea will be more expensive, but will strengthen the country’s energy security…
Preventing imbalances on the gas market
A few days of freezing weather have uncovered the lack of flexibility in the national natural gas system and have…
ANRE issued 1 million lei fines for 15 companies in the natural gas segment
The National Regulatory Authority for Energy (ANRE) paid fines totaling one million lei to a number of 15 participants in…
MOL’s shareholders approve worth of HUF 94 bln. dividends
MOL held its Annual General Meeting in Budapest, which accepted the Board’s proposal for the distribution of profits through a…
Bulgaria’s Overgas to keep gas prices flat in Q2
Bulgarian gas retailer Overgas said on Monday it will not increase gas prices for its clients in the second quarter…
In the summer, the price of natural gas will be in the range of 70-72 lei per kWh (Quarterly Bulletin “Natural Gas Price”, Vol. III)
Data from the Quarterly Bulletin “Natural Gas Price”, Volume III, produced by the Intelligent Energy Association, shows that the end…
Gazprom refuses to resume gas supplies, pay $2.6 bln. compensation to Ukraine
Russian gas monopoly Gazprom has refused to abide by a Stockholm arbitration court ruling that it pay Ukraine $2.6 billion…