Gazprom reviving “mini South Stream” in Balkans
Gazprom has signed “road maps” with Bulgaria, Serbia and Hungary to develop a pipeline for deliveries of gas from a…
Chimcomplex forms a trust for taking over Oltchim
Chimcomplex has made a last-day bid for Oltchim and claims to receive support from the 6 billion dollars in turnover…
Romgaz sells CET Govora gas worth 7 mln. euro
Romgaz, one of the two largest gas producers in Romania, concluded a 32,33 million Lei agreement, including VAT (about 7…
Iohannis: We must take advantage of all the energy offers in the market
Romania wants a North-South corridor for transportation, but also for natural gas, to cross Romania, mentioned President Klaus Iohannis, in…
OMV Petrom resumes operations at the Brazi power station
OMV Petrom resumed operations at its Brazi power plant, but it will still operate at half of the capacity, respectively…
Armax Gaz Medias enters insolvency with debts worth 24 mln. euro
On July 3rd, the Sibiu Court admitted Armax Gaz Mediaş’s application for insolvency. The company with a history of 100…
Gas imports more than double over the small import prices
Romania imported between January and April 2017 542.100 tons of oil equivalent (tep) of usable natural gas of, with 251,1%…
Spanish Repsol and Gazprom set up joint venture
Spain’s Repsol has established a joint venture with Gazprom Neft after selling a 25 per cent stake in its Evrotek-Yugra…
Competition to approve RADET – ELCEN merger
“I see signals coming from the press, I have not received anything official yet and I cannot even pronounce myself…
Chiritoiu: There should be a compensation mechanism for BRM
Moving the gas ring from the Romanian Commodities Exchange (BRM) to the OPCOM market should imply a compensation mechanism, Bogdan…
AGRI project will continue with EU money – Tudorache
The Ministry of Energy will ask for the inclusion of the AGRI gas interconnector on the list of projects of…
Sovereign Fund project to be adoped by law until September
The Project regarding the Sovereign Development and Investment Fund (FSDI) will be implemented by September through the adoption of a…
ANRE tariffs may grow to 1% of revenue – ANRE denies
The tariffs charged by energy and telecommunication market regulators, ANRE and ANCOM, will increase at 1% of the turnover, according…
Breathing time for BRM gas ring, transactions explode
Romanian Commodities Exchange (BRM) may continue trading natural gas until autumn, when it is expected that OPCOM, the electricity market,…
Fuel import grew 70% during the first quarter
Fuel import increased by 70% in the first quarter of the year, amid the unfavorable weather conditions in the winter…
Gazprom may leave Turkish gas market, Turkish Stream not affected
Gazprom will adapt the specific operating model on the Turkish gas market for a long-term to changing situation on the…
OPEC is in no rush on deeper oil output cut
OPEC will not rush into making a further cut in oil output or end some countries’ exemptions to output limits,…
An NGO criticizes changes to Gas Law regarding vulnerable consumer
The NGO Center for the Study of Democracy (CSD) criticizes the new measures taken by the Chamber of Deputies’ Industry…
Competition investigates Gaz Sud for a possible abuse of dominant position
The Competition Council announced that it has carried out unannounced inspections at the headquarters of Gaz South and at its…
KMG and Rompetrol: 32 mln. tons of crude through the Black Sea in 10 years
The volume of the unloaded crude by KMG International through the offshore terminal in the Black Sea reached over 32…
Putin to Erdogan: Turkish Stream’s pipe-laying work has started
The Russian president informed his Turkish counterpart of the beginning of the pipe-laying work at the Turkish Stream pipeline’s deep-water…
Mihnea Constantinescu: We have a major institutional problem in regulating natural gas
The Committee for Industries and Services has finalized the Report on the DRAFT of Law on the approval of Government…