Gazprom and Lukoil see serious second quarter profit rise
Russian gas giant Gazprom reported a surge in second-quarter net profit, beating analysts’ expectations, as it benefited from rising energy…
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Import-Export
ANRE: 85.88% of the gas consumed in Romania was traded on RCE in May 2018
The volume of natural gas traded on the centralized markets in May 2018 reached 85.88% of the total domestic consumption,…
EU Observer: Putin strikes blow against Russia’s isolation by Europe
Russian leader Vladimir Putin has joined forces with Germany against the US over a new gas pipeline. His weekend trip,…
Gazprom’s H1 2018 natural gas sales to Romania up 4%
Gazprom’s exports of natural gas to Romania grew 4% in the first half of 2018, as compared to the same…
Chinese tariffs on US gas exports may shift the global market
China’s threats of new tariffs on $60 billion worth of U.S. imports will create shifts in the energy market, as…
Trump bets on new European LNG terminals, but EU funds meagre
US President Donald Trump expects the European Union to fund 9 to 11 liquefied natural gas (LNG) ports to absorb…
Trump’s plan for US LNG in Europe to face reality check
President Donald Trump’s plan for “vast amounts” of US liquefied natural gas (LNG) to be sold to the European Union…
ANRE has decided to increase the gas price for households by about 6%
The National Regulatory Authority for Energy has decided to increase by 5.83% on average the natural gas price for households,…
The Ministry of Finance proposes capping the price of natural gas from domestic production for 3 years
UPDATE (July 23, 2018) On Friday, July 20th, the Ministry of Public Finance (MFP) withdrew the project for the capping…
Kraft (ROPEPCA): Romania should encourage investment in the manufacturing industry in order to use its natural gas
The best solution for the using domestic natural gas at home would be for the Government to motivate the industry…
MPs sent the gas companies back to the drawing board. Will they be back?
The Chamber of Deputies, in extraordinary session, passed by final vote the draft Law on some measures necessary for the…
World Bank, AIIB allocate $1.2b loan to Turkey for natural gas storage facility
urkey’s ever-growing energy industry continues to draw investments from international institutions. The World Bank and Asian Infrastructure Investment Bank (AIIB)…
Valentin Kunev (BBSPA): With gas projects, it is about evolutionary rather than revolutionary changes
Balkan and Black Sea Petroleum Association BBSPA held recently its annual conference in Bucharest, a two days event with over…