Gazprom’s export on the rise
The Russian group Gazprom announced that in the first nine months of this year its exports of natural gas to…
UniCredit: Consumption will increase by 8.6%, inflationary pressures if oil jumps over 65 USD
The annual inflation could rise from almost zero at the end of 2016, to more than 1% in the first…
Mark Wagley, ROPEPCA: Let’s keep the jobs and revenue in Romania!
All discussions on Romanian O&G industry begin with aknowledgements on the long and strong history this industry has. However, the…
Rosneft offers 5 bln. USD for the majority stake in Bashneft
Russian oil giant Rosneft could be offered the controlling stake of 50,08% in the medium-sized oil producer Bashneft for some…
Russia and Norway in talks over gas exports to Europe
Russian Energy Minister Alexander Novak has discussed with his Norwegian counterpart Tord Lien common interests on the European gas market,…
For the US and Romania, energy comes first after the rule of law and military security
Robust security cooperation is a vital part of the U.S.-Romania Strategic Partnership, says the joint press release from the of…
16 energy companies in Romanian top 50 by turnover, in 2015
16 energy companies appear in the top of the 50 biggest companies from Romania in 2015 compiled by Ziarul Financiar.…
Raiffeisen: Oil to grow to 55 USD per barrel in 2017
Oil prices are likely to remain stable between USD 45 and 50 per barrel of Brent until early 2017, which…
When everything depends on OPEC
The pump-and-dump strategy introduced by Saudi Arabia in November 2014 was called off Wednesday when Opec members meeting in Algiers…
Transgaz – memorandum with the Greek gas operator
The Romanian natural gas transmission operator Transgaz, signed a Memorandum of Understanding with DESFA – the National Natural Gas System…
Oil prices slip as hopes for a deal in Algiers fade
Crude oil futures fell on Tuesday as optimism faded for an output-limiting deal from an oil producer meeting in Algeria…
Azamat Zhangulov: Gov’t negotiations delay KMGI’s takeover by the chinese company CEFC
The Chinese company CEFC, who signed in April an agreement to take over KMGI (former Rompetrol Group) of KazMunayGas, expanded…
Costin Borc (minister of Economy): Binding offer for Oltchim by year-end
Economy minister Costin Borc reiterates the possibility of obtaining a binding offer for Oltchim Ramnicu Valcea, without specifying whether there…
Bulgaria-Romania interconnector, finished this year (Temenuzhka Petkova)
Bulgarian Energy Minister Temenuzhka Petkova has voiced her hope that the construction of an interconnector with Romania will be complete…
Russia’s Central Bank estimates crude oil at 40 USD by 2019 end
The bank’s report says possible decision on freezing oil production will not have significant effect on rebalancing oil market. Russia’s…