AIK Energy, a London-based company run by Harald Kraft, takes over Valahia Gaz
The Competition Council authorized the transaction by which AIK Energy, a company registered in London and locally managed by Harald…
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Import-Export
Seele: OMV does not expect Nord Stream 2 construction to resume soon
Austria’s OMV does not expect construction of Nord Stream 2 gas pipeline to resume soon, the oil and gas company’s…
Bulgaria mulls re-opening Gazprom antitrust probe
According to sources in Sofia, Bulgarian state-owned gas supplier Bulgargaz is preparing to ask the Commission to resume antitrust proceedings…
Transgaz signed the MoU on the development of gas networks in Eastern Europe
Transgaz has signed the Memorandum of Understanding on the Partnership for the Development of Natural Gas Networks in Eastern Europe…
Transgaz: The capacity made available on all interconnection points is of 44.2 mmc daily
The firm capacity made available by Transgaz on all the interconnection points with the adjacent transport and system operators (TSOs)…
Ukraine’s own Green Deal aims to slash energy imports
Ukraine’s long-term climate plan could significantly cut reliance on energy imports, its energy ministry suggested last week. But a 2050…
V. Popescu: Romania has no problems regarding the supply of natural gas during the winter
The Ministry of Economy, Energy and Business Environment informs that there are no problems regarding the provision of natural gas…
First compressor station in Croatian gas transport system put in operation
The first compressor station in the Croatian gas transport system was formally put in operation last week, with Prime Minister…
The price of Romanian gas, 32% higher than at the Vienna stock exchange, in December
The price of Romanian gas on the Romanian Commodity Exchange (BRM) reached, in December, 103.71 lei per MWh, 32% higher…
Romania imported 7.17 million crude oil, in the first 10 months of 2019
Romania imported, during the first 10 months of 2019, an oil quantity of 7.17 million tonnes of oil equivalent (toe),…
Transgaz: Works at the Ungheni-Chisinau gas pipeline are on schedule
Transgaz offered assurances that the works at the Ungheni-Chisinau gas pipeline are on schedule and it will be ready in…
OMV Petrom doubled its gas sales in Q4 2019 to a record high
OMV Petrom doubled its gas sales to third parties in the last quarter of 2019 compared to the similar period…
Putin says Nord Stream 2 to be completed by early 2021
Russian President Vladimir Putin said that he hopes work on the Nord Stream 2 gas pipeline will be finished by…
Romgaz will take part in the second stage of the market test for the LNG terminal in Greece
Romgaz will participate in the second stage of the market test on the completion of the liquefied natural gas (LNG)…
Iohannis: Any Exxon transaction will be done according to the law
President Klaus Iohannis said on Thursday, referring to information about Exxon’s intention to sell its stake in the Black Sea,…
Bulgartransgaz set to acquire 20% interest in Greek LNG terminal
Bulgaria’s government said on Wednesday that it has issued approval to gas transmission system operator Bulgartransgaz to acquire 20% interest…
Russia and Turkey officially inaugurate TurkStream
President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan met in Istanbul to inaugurate TurkStream pipeline in a ceremony…
Oil prices top $70 a barrel amid fears over Suleimani retaliation
Oil prices climbed above $70 a barrel for the first time in four months on Monday amid fears that the…
Harald Kraft, AIK Energy: Markets will become more and more interconnected, and we are ready
2019 has been of maximum turbulence for the Romanian supply market, to which the private environment has adapted in various…
Ukraine starts transmitting Russian gas to EU under new deal signed also by Romania
Gas TSO of Ukraine LLC, operator of the gas transmission system, has signed agreements with all neighboring operators, namely in…
Moldova to continue receiving Russian gas via Ukraine – president Dodon
Moldova will continue to receive Russian natural gas via Ukraine starting January 2020 after Moscow and Kiev reached a gas…
Russia’s Gazprom to pay $2.9 billion in new Ukraine gas deal
The Russian energy giant has agreed to settle its longrunning dispute with Ukraine over transit fees. A new five-year Moscow-Kyiv…
Gazprom slashes investment budget for 2020
Russia’s Gazprom has approved a 16.5% cut in investments next year, marking the second annual reduction in a row, the…