Gazprom increases 2017 investment programme by $3.7 billion
Gazprom said its board had decided to increase its investment programme for 2017 by 217.3 billion roubles ($3.79 billion) to…
Ion Sterian (Transgaz) joins the 5th Black Sea Oil & Gas Conference in Bucharest (October 25-26)
As we approach the 5th Black Sea Oil & Gas Conference, GBC has asked Ion Sterian, CEO, Transgaz, a few…
OPEC seeks consensus on oil supply cut extension before meeting
Oil producers are working to build consensus on extending their deal to reduce supplies, OPEC’s secretary general said on Thursday,…
MOL signs new petrochemicals deal with thyssenkrupp
MOL Group has signed a new contract with thyssenkrupp to produce polyether polyols and propylene glycol. Following the announcement made…
Competition Council to open its own fuel price comparative site
The Competition Council will create a comparison site for fuel prices, a tool similar to the one successfully launched for…
China’s CEFC eyes big league with Rosneft oil offtake deal
As part of its recent $9.1 billion investment in Russian oil giant Rosneft, little-known CEFC China Energy will have access…
The Oil Market’s Fall Upswing (analysis by Radu Dudău)
Radu Dudău, EPG Director Early September saw the beginning of a significant price increase for Brent, the international crude oil benchmark,…
Oil jumps as fighting in Iraq’s oil-rich Kirkuk shuts output
Oil markets jumped on Monday as Iraqi forces entered the oil city of Kirkuk, taking territory from Kurdish fighters and…
Havrileț confirms before MPs: EC does not agree that 70% of gas to be traded at the exchange
The European Commission has sent the Romanian authorities a letter warning that a new stage in the infringement procedures against…
Europe stands divided on Gazprom’s Nord Stream 2 pipeline
Nord Stream 2—Gazprom’s pipeline project to twin the existing Nord Stream pipeline between Russia and Germany via the Baltic Sea, is dividing…
BSE’s largest energy companies get excellent scores in the Whitebook on Communication
Nuclearelectrica got the maximum score in the quality of communication with investors as assessed by the Bucharest Stock Exchange marketing…
Total, Eni, Statoil seek buyers for North Sea Teesside terminal
Total, Eni and Statoil are seeking buyers for their stake in the Teesside oil terminal in northern England, which receives…
Polish expert Jerzy Dudek cries foul at Council’s Nord Stream 2 position
EU Council legal experts insist that the Commission should not be granted a mandate to negotiate the contested Nord Stream…
Modified in the Committee for Industry, GEO 64 is back for voting in the Chamber of Deputies; BRM criticizes abusive provisions
The Commission of Industry and Services from the Chamber of Deputies has decided to maintain OPCOM’s privileges regarding the gas…
ANRE postponed an increase in gas prices for consumers, although the suppliers paid more
With a leadership near finishing its mandate, under the spectrum of a parliamentary investigation and violently criticized by some political…
Bulgarian gas price cut by more than 7%
Bulgaria’s еnergy regulator said on Friday it has approved a 7.29% cut in the wholesale price of natural gas in…