Russia’s Gazprom rediscovers it needs Ukraine
With the Nord Stream pipeline down for maintenance in the Baltic Sea, Russia’s only real alternative into Europe’s lucrative gas…
Electric cars only half as profitable at first: Daimler
Daimler has set a new target of saving 4 billion euros ($4.8 billion) by 2025 to help offset the lower…
Romgaz and Conpet, the first called to balance the state budget with 575 million lei in additional dividends
Romgaz and Conpet have announced investors that the majority shareholder – the Romanian state, through the Energy Ministry – requests…
Russia’s Novak says premature to extend global oil deal, market is being balanced
It is premature to decide on extending the global deal to reduce oil production as the oil market has been…
Kremlin rules out suspension of Russian oil supplies to North Korea
Talking about the suspension of Russian deliveries of oil products to North Korea as part of sanctions policy is pointless, as their current level is already minimal,…
RCE and KELER CCP, ready to launch forward contracts for gas from November
Forward contracts for natural gas with central counterparty guarantee are ready for launch on the Romanian Commodities Exchange (RCE). RCE…
France Plans to End Oil Output by 2040 With Exploration Ban
France will stop granting new exploration permits next year as it seeks to end all oil and gas production by…
CEFC will close the deal with Rompetrol’s shareholder in a few weeks
China’s CEFC could conclude the process of purchasing 51 percent of the shares of oil company KMG International NV by…
Gazprom gas supplies to Hungary up 26.6% y-o-y
Russian gas deliveries in the first eight months of 2017 were up by 22.3% year-on-year to Turkey, by 14.3% to…
NAFTA negotiators seek to enshrine Mexico’s energy reforms
U.S., Canadian and Mexican negotiators are zeroing in on ways to enshrine Mexican President Enrique Pena Nieto’s sweeping energy reforms…
