ANRE takes one more step towards daily balancing in the gas market; Transgaz has to hurry up
On September 5, ANRE approved new modifications and brought completions to the Network Code for the National Gas Transmission System.…
6-times increase in net profit for KMG International in H1 2018
The KMG International Group has recorded USD 30.6 million in net profit as compared to a level of USD 5.2…
Gazprom about to start laying Nord Stream 2 pipes in Finland
Russia’s gas giant Gazprom is about to start laying pipes underwater soon to build the Nord Stream 2 gas pipeline…
Energy groups urge extension of EU rules to prevent VAT fraud
A group of major European energy market associations on Tuesday urged EU member states to extend protections against VAT fraud…
Russia’s Gazprom to raise 2018 investment by 16%
Russian gas producer Gazprom will raise its investment program for 2018 to 1.49 trillion rubles (USD 22 billion) from an…
Saxo: Oil, very close to the 80 USD per barrel level
The commodities sector recorded losses for the third consecutive month in August due to the trade war and the problems…
Andrei Bobar, new CFO of Romgaz till 2021
The Board of Directors of the natural gas producer Romgaz Mediaş (SNG) appointed Andrei Bobar as the company economic director…
TurkishStream pipeline nearly complete: Gazprom
The TurkStream pipeline, due to supply Russian gas to Turkey via the Black Sea from next year, is already 80…
Norway bets on gas and CCS to complement Europe’s energy transition
With its vast amounts of hydro energy, many would like Norway to become Europe’s “green battery”, supplying neighbours with steady…
Smart electric mobility station, built by students from vocational and technological high schools
59 future electricians coming from vocational and technological high schools in Gorj County built the first smart electric mobility station…
The Competition Council takes one more step towards the Price Monitor, car fuels included
The Competition Council will launch this week the auction for the development of the “Price Monitor”, which will also contain…
Transgaz might receive additional European funds to increase interconnection capacity with the Republic of Moldova
Transgaz could receive € 46 million in non-reimbursable European funds to increase the capacity of the pipeline to transport gas…
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…
German energy prices reach six-year record
The front-year contract for German power rose to a fresh six-year high of EUR 50.15/MWh on Monday, buoyed by a…
Ministry of Economy: Vestmoldtransgaz takeover will be finalized next week
The takeover of s state-owned Vestmoldtransgaz by Transgaz will be completed next week after the suspensive clauses of the privatization…
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,…