Court of Accounts: Import of natural gas increased due to over-taxation of domestic production
Extra-taxation of natural gas producers’ revenues has led to a rise in cheaper Russian imports, according to a report by…
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Import-Export
KMG injects 25 million USD into the Kazakh-Romanian fund
KMG will increase the share capital of the Kazakh-Romanian Energy Investment Fund set up in November last year as part…
Cristina Pruna: Romania paid the highest price in the European Union for natural gas imports; production in T1 – lower by 3%
Bogdan Tudorache In the first three months of this year, Romania paid the highest price in the European Union for…
Kazakhstan to divert some oil flows from Europe to China
Kazakhstan plans to increase oil exports to China to 6-7 million tonnes a year from just 1 million tonnes at…
Gazprom signs 5-year natural gas contract with Turkmenistan
Gazprom has signed a 5-year contract with Turkmengaz to purchase natural gas, the Russian gas producer said on Wednesday. Turkmenistan…
Russian gas pipeline to Germany sows divisions in Europe and beyond
Russia’s state energy giant Gazprom says it is nearing completion of the Nord Stream 2 pipeline, set to stretch 765…
Gazprom says new Ukraine government needed for gas talks
Russian state gas giant Gazprom is awaiting the formation of a Ukrainian government before starting talks with Kyiv on extending…
The Ministry of Energy and the KEVR support the creation of a natural gas exchange in Bulgaria
“Only in case of diversification of natural gas supplies we can talk about competition and create conditions for market liberalization”,…
Oil at $100? Experts predict where crude could go if an Iran conflict breaks out
Oil is in the crosshairs as the prospect of confrontation brews between the U.S. and Iran. A top military aide…
Nord Stream 2 ready by 57% – Gazprom
Nord Stream 2 gas pipeline, which lies from Russia to Germany is constructed by 57%, as Gazprom’s information office informed,…
Sanctions show US has a ‘burning interest’ in Venezuela’s energy resources – Rosneft CEO
Venezuela’s natural resources lure many companies that would like to tap them, especially American ones, and sanctions against the South…
OMV chief criticises US pressure over Russian gas pipeline
The head of OMV has accused the US of trying to “dictate” energy policy to its allies, calling on the…
Gazprom boosts first-quarter profit 44% despite lower gas sales
Russia’s state-owned gas giant Gazprom increased its first-quarter net profit by 44 per cent over the previous year as higher…
Bulgartransgaz changed the consortium which will build “Turkish Stream” through Bulgaria
Bulgartransgaz changed the consortium, which will build “Turkish Stream” through Bulgaria. The reason – the previous favourite did not submit…
US energy department rebrands gas exports ‘molecules of freedom’
US energy officials appeared to rebrand natural gas produced in the country as “freedom gas”, in a statement announcing an…
Granting Turkey ownership rights, a way out of energy stalemate in E. Med
Assigning to Turkey part of the ownership rights on Cyprus’ under-the-sea wealth is worth consideration as a solution in the…
Russia halts transit of Kazakh LPG and coal to Ukraine
Kazakhstan’s state railway company has suspended liquefied petroleum gas (LPG) and coal shipments to Ukraine after transit nation Russia banned…
Gazprom says supplies to China to reach 38 bcm in 2025
Russian state gas producer Gazprom plans to supply 38 billion cubic metres (bcm) of natural gas to China in 2025,…
Austria not backing away from Russian gas pipeline despite US threats
Austrian company OMV does not intend to back away from the Russian gas pipeline project Nord Stream 2 despite the…
China’s LNG tariff threatens Trump energy export goal
China’s move to increase tariffs on $60bn in US goods targets a commodity central to the Trump administration’s goal of…
Oil prices fall amid rising US-China trade tensions
Oil futures fell on Monday as investors and traders fretted over global economic growth prospects amid a standoff in the…
Saudi Arabia says oil tankers were attacked off the UAE coast
Two Saudi oil tankers were targeted on Sunday in “a sabotage attack” off the coast of Fujairah, part of the…
Ukraine sues Gazprom over ”anticompetitive practices”
Ukrainian national oil and gas firm Naftogaz said it filed a complaint to the European Commission accusing Russian energy giant…