Energy Union: EU invests a further €800 million in priority energy infrastructure
EU Member States voted on a Commission proposal to invest almost €800 million in key European energy infrastructure projects with…
ROPEPCA members expect a steep decrease in money collected to the state budget and increased jobs insecurity
The Romanian Petroleum Exploration and Production Companies Association (ROPEPCA) comes back to the public attention on the negative consequences that…
US shale’s full impact still hasn’t hit oil markets, IEA director says
Shale oil’s impact will have “huge implications” for global energy markets for many years, Fatih Birol, executive director at the…
Capping gas and power prices and the new charging regime may jeopardize Romania’s energy independence
Romania’s economy is now heading for an uncertain future, warns Johan Meyer, CEO Franklin Templeton Investments Bucharest. Unexpected tax changes…
Swiss court cancels arrest of Gazprom-owned Nord Stream Shares
A Swiss court ruled to cancel its previous ruling to arrest Russian energy giant Gazprom’s shares in Nord Stream and…
Diesel prices rise, gasoline’s drops slightly
The price of diesel has risen for the second week in a row, this time with more than 1.5%, at…
Gazprom, Georgia plan to agree on gas transit to Armenia in 14 days — minister
Georgia expects to complete talks on a new deal with Gazprom on the transit of Russian gas to Armenia within…
ENEL X becomes leader of the demand response market in Poland
Enel X, the Enel Group’s advanced energy services business line, became Poland’s 2021 – 2023 demand response leader, with around…
Croatian LNG terminal to go ahead despite low demand
Croatia will press on with a planned floating liquefied natural gas (LNG) terminal project in the northern Adriatic despite a…
U.S. wants Qatar to challenge Russian gas in Europe – U.S. official
The United States wants Qatar, the world’s top liquefied natural gas supplier, to challenge Russia’s gas dominance in Europe, a…
Saudi energy minister: Russia moving ‘slower than I’d like’ on oil cuts
Saudi Arabia’s Energy minister said Sunday he’s positive OPEC and partnered nations will meet their production cut commitments to balance…
Diesel prices up by more than 1% in a week
The price of diesel has risen by more than 1% last week at Petrom stations monitored by energynomics.ro in eight…
Trans Adriatic Pipeline completes €3.9bn project financing, €1bn from EBRD
The Trans Adriatic Pipeline (TAP) is announcing financial close today, with €3.9 billion secured from public and private lenders. The…
Ukraine ready to drop case against Gazprom if compensation payment is guaranteed
Naftogaz of Ukraine is ready to withdraw a lawsuit against Gazprom from the Stockholm Arbitration in the gas transit tariff…
Global automakers spearhead $300 billion global drive to electrify cars
Global automakers are planning a $300 billion surge in spending on electric vehicle technology over the next five to 10…