Russia may lose 160 billion dollars due to low barrel price
Russia would lose some 160 billion dollars over a year due to lower barrel price, Central Bank Governor Elvira Nabiullina…
Exxon could be the big winner of the oil crash
These are tough times for oil companies. Crude prices have fallen 60 percent since last June, demand remains relatively weak,…
Rafo`s shareholder to get 10 million euro from refinery scrap sell
###author### The majority shareholder of the former refinery Rafo Oneşti, Petrochemical Holding, hopes to get about 10 million euros from…
MOL Romania finished ENI aquisition, has 200 fuel stations
###author### MOL Group plans to reach this year an overall downstream network of 200 fuel stations in Romania, announcing it…
30.000 oil men on strike in USA
United Steelworkers Union (USW), which represents employees of over 200 refineries, oil terminals and pipeline producing factories and chemicals, triggered…
4 to 14% negotiation margins after the liberalization of gas prices for non-household clients
The liberalization of gas prices for non-household customers allows them to negotiate lower rates with 4, up to 14% on…
Flood of litigations on regulated profit between energy companies and ANRE
All companies with stakes in energy and gas distribution in regulated regime, will call ANRE in court to cancel the…
Mariana Voicu (Ministry for Economy), speaker at EBC on Energy Efficiency (February 11)
Wednesday, February 11, from 9 am to Godot Cafe in Bucharest, Energy Breakfast Club proposes its first meeting this year…
Shell cuts spending by 15 billion dollars
Royal Dutch Shell shares fell on Thursday after the oil company missed profit expectations and announced a three-year, $15 billion…
MH Petersen: We are far away from a European Energy Union
The Energy Union still remain an unknown factor, says Morten Helveg Petersen, a Danish Member of the European Parliament also…
