Russian fuel exports fall in 2024 as drone attacks, bans add to sanctions pressure
Russian seaborne oil product exports fell by almost 10% in 2024 after Ukrainian drone attacks damaged major refineries and as…
Gas imports down almost 16% in the first 11 months of 2024
Romania imported, in the first 11 months of 2024, a quantity of usable natural gas of 1.612 million tons of…
Burduja, after the winter command: There will be no problems, although we also resort to imports
No problems are anticipated regarding the production of electricity and the adequacy of the system, declared the Minister of Energy,…
Russia’s oil and gas revenues rose 26% in 2024
Russia’s oil and gas revenues to the state budget rose more than 26% in 2024, to 11,130 billion rubles ($108.22…
Volume of gas that will be delivered to Germany through Neptun Deep represents only 1% of production
The volume of natural gas that will be exported from the Neptun Deep perimeter to Germany represents less than 1%…
Burduja: Romania is not affected by the cessation of natural gas transit through Ukraine
Romania is not affected by the cessation of natural gas transit through Ukraine, because it is practically independent in the…
Russian gas era in Europe ends as Ukraine stops transit
Russian gas exports via Soviet-era pipelines running through Ukraine came to a halt on New Year’s Day, marking the end…
Russian LNG imports to Europe set to hit record in 2024
The European Union has increased its imports of Russian LNG as tensions over Russian natural gas flowing through pipelines in…
Qatar to halt gas supplies to EU if fined under EU directives
Qatar has threatened to halt vital gas supplies to the European Union if member states strictly implement a new directive…
Solar energy production up 60% in the first eight months
Energy production in solar power plants was 2.57 billion kWh, in the first eight months of this year, up 60.5%…
MET Group contracted the first LNG vessel in partnership with Celsius
As part of its growth strategy in the liquefied natural gas (LNG) segment, Swiss company MET Group has partnered with…
Russia expects a decline in oil and gas revenues over the next three years
Russia’s revenues from oil and gas to the state budget would decrease between 2025 and 2027, due to lower raw…
Gas imports up by almost 6% in the first seven months
Romania imported, in the first seven months of 2024, a quantity of usable natural gas of 1.013 million tons of…
Dorin Junghietu: In order to be competitive, Moldovagaz will have to undergo a large transformation process
At 37 Dorin Junghietu won the competition for the selection of Moldovagaz Board of Directors representing the Ministry of Energy.…
Azerbaijan is negotiating gas deliveries in three European countries
Azerbaijan is in talks to expand its natural gas exports to at least three countries in Europe, President Ilham Aliyev…
Ukraine: An adviser to Zelenskiy backtracks on statements about stopping Russian oil transit
An adviser to the Ukrainian presidential administration, Mihailo Podoliak, backed off to the comments regarding the stoppage of Russian oil…
Gas imports increased by almost 20% in the first half
Gas imports increased by almost 20% in the first half Romania imported, in the first six months of 2024, a…
OPEC revises its 2024 oil demand forecasts
The Organization of the Petroleum Exporting Countries (OPEC) revised its forecast for global oil demand growth in 2024, citing weaker-than-expected…
Lukoil stops supplying oil to Hungary after Ukraine tightened sanctions
Hungary and Russia are looking for a solution so that the Russian oil group Lukoil PJSC can resume oil deliveries…
Turkey to increase EU gas exports if the level of demand is guaranteed
Turkey is ready to sell more natural gas to the European Union, but wants long-term commitments that justify the necessary…
MET Group signs long-term deal with Shell to supply US LNG
Swiss company MET Group has concluded a FOB (Free-On-Board) purchase agreement for long-term liquefied natural gas by signing a 10-year…
Ukraine discusses sending natural gas from Azerbaijan to the EU
Ukraine is discussing the sending of natural gas from Azerbaijan to the European Union, in the context of which it…