European Court of Auditors: Energy investment not reaching expected level
The European Union’s plan to become independent from Russian oil and gas is not progressing at the necessary pace, as…
CPC pipeline stops transporting Kazakh oil due to attacks on oil tankers
The Caspian Pipeline Consortium (CPC) pipeline is no longer receiving oil from Kazakhstan after suspending crude oil loading on ships…
EU imports record amounts of LNG from Russia’s largest production facility
European Union member states imported record amounts of liquefied natural gas from Russia’s Yamal facility in the first half of…
Gas imports up 47%, production decreases insignificantly in the first four months
Romania’s useable natural gas production was, in the first four months of 2026, 2.508 million tons of oil equivalent, 24,500…
Greece calls for rules-based regional cooperation in the EastMed and Southeast Europe
Energy cooperation is no longer only a matter of supply security or market integration. In the current geopolitical context, it…
EC postpones legislative proposal to completely ban Russian oil imports
The European Commission will not present the legislative proposal to completely ban Russian oil imports into the EU on April…
Gas imports up 116.3% in January, crude oil imports decreased
Romania’s usable natural gas production in January 2026 was 654,400 tons of oil equivalent, 7,300 toe below that in the…
Volker Raffel: Gas prices depend on war on Iran duration, Romania is in a good position due to deposits
While nobody knows how long the war in Iran will take, alongside the blocade on the Hormuz strait, gas prices…
Romania imported more Azerbaijani crude oil in January, at a falling price
Romania imported over 197,000 tons of crude oil from Azerbaijan in January, 7% more than in the same month last…
Romania’s gas imports increased by 75% in 2025
Romania’s usable natural gas production in 2025 was 7.503 million tons of oil equivalent, 67,500 toe below the previous year…
Romania lacks the courage to play its important role in the regional energy market
Romania holds a strong structural position in Central and Eastern Europe’s gas market, with domestic production covering most of its…
Three companies have expressed their intention to acquire Lukoil assets
Three companies have expressed their intention to acquire Lukoil’s assets in Romania, both the refinery and the gas station networks,…
Trans Adriatic Pipeline (TAP) gas deliveries have improved security of supply
Trans Adriatic Pipeline (TAP) gas deliveries have improved security of supply for importing countries and made gas prices predictable for…
EU energy ministers agree to ban Russian gas imports
European Union energy ministers on Monday backed a proposal to ban Russian gas imports, boosting the bloc’s efforts to further…
Bulgaria to end Russian gas transit through its territory in 2026
Bulgaria plans to end Russian gas transit through its territory, to Serbia and Hungary, in 2026, Bulgarian Prime Minister Rosen…
INS: Romania’s oil imports increase by almost 30% amid falling production
In the first six months of 2025, Romania produced 1.25 million tons of oil equivalent (toe), 103,200 toe less (-7.6%)…
IEA: Russia’s fuel export revenue fell 14% in June
Russia’s revenue from oil and petroleum products sales fell by almost 14% year-on-year in June to $13.57 billion, the International…
Bulgartransgaz: Kardam-Negru Voda interconnection point, reserved 70%
Bulgarian gas transmission operator Bulgartransgaz said on Tuesday that the Kardam-Negru Voda exit point from Bulgaria to Romania has attracted…
ORLEN to supply Naftogaz 140 mln. cmc of gas within a new contract
Over the next months, ORLEN will supply 140 million cubic metres of natural gas under a new contract with Ukraine’s…
Elliott Investment to buy stake in Bulgarian gas transport infrastructure
Elliott Investment Management, led by billionaire Paul Singer, is exploring the possibility of acquiring a stake in a set of…
KazMunayGas and MOL discuss details of Kazakh oil deliveries to Hungary
Oil companies KazMunayGas and MOL will discuss details and specific terms of delivering Kazakh oil to Hungary, the Kazakh Energy…
EU to delay publication of Russian fuel phase-out strategy by a month
The European Commission may delay the date on which it is to publish its roadmap for phasing out the last…