Global automakers spearhead $300 billion global drive to electrify cars
Global automakers are planning a $300 billion surge in spending on electric vehicle technology over the next five to 10…
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Processing
EC fines BEH Group € 77 million for blocking access to key natural gas infrastructure in Bulgaria
The European Commission has fined Bulgarian Energy Holding (BEH), its gas supply subsidiary Bulgargaz and its gas infrastructure subsidiary Bulgartransgaz…
Gazprom shares fell after EU parliament seeked to block pipeline
Shares in Russian gas producer Gazprom fell on Thursday morning after the European Parliament voted to condemn its under-construction Nord…
PETROTEL-LUKOIL’s new GM announces investment of $ 130 million in three years
Aleksei Kovalenko is the new director of the PETROTEL-LUKOIL refinery, starting with December 1, replacing Andrey Bogdanov. In his first…
Up to Jan 28, Transgaz is waiting bidders for the 400 mil lei Onesti-Lețcani gas pipeline
The bid for realization of the gas pipeline between Onești-Gherăeşti-Leţcani was launched on the Electronic Procurement System. Transgaz’ committed amount…
Germany to back Nord Stream 2 despite Ukraine tensions
Germany will not withdraw its political support for the Nord Stream 2 gas pipeline with Russia, its foreign minister said…
Bulgaria wants to attract e-car investors
The automotive industry is already contributing to 10% of the country’s economy, with 5% of the country’s economy up until recently,…
Transgaz signed the financing contract for the development of the network in N-E Romania
Transgaz signed the financing contract with the Ministry of European Funds for the development of the national gas transmission system…
Russia’s Gazprom says offshore part of TurkStream is complete
Construction of the offshore part of the TurkStream pipeline that will carry Russian gas across the Black Sea to Turkey…
Black Sea Oil & Gas and Transgaz sign 15 year contract for injecting gas production into the NTS
Transgaz and Black Sea Oil & Gas today signed the gas transmission contract for the transport of the Midia Gas…
KMGI and SAPE launched the Kazakh – Romanian Energy Investment Fund with two projects in pipeline
KazMunayGas International (KMGI) and Societatea de Administrare a Participațiilor în Energie (SAPE) which is owned by the Ministry of Energy…