Russia finds alternatives to the European market in India and Pakistan
Russia, which controls and manages huge gas reserves in energy-rich Iran, plans to export gas to Pakistan and India by…
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Mobile benchmarks for oil royalties; OPCOM is mentioned as the only centralized market for natural gas
The Ministry of Economy launched on October 23rd a draft law regarding the regulation of the royalty system for the…
Hungary – its “perfect” play on the gas market (analysis by Dumitru Chisăliţă)
Dumitru Chisăliţă The construction of monofilar national transport systems is no longer an option to develop the national transport systems…
Gazprom increases 2017 investment programme by $3.7 billion
Gazprom said its board had decided to increase its investment programme for 2017 by 217.3 billion roubles ($3.79 billion) to…
Ion Sterian (Transgaz) joins the 5th Black Sea Oil & Gas Conference in Bucharest (October 25-26)
As we approach the 5th Black Sea Oil & Gas Conference, GBC has asked Ion Sterian, CEO, Transgaz, a few…
China’s CEFC eyes big league with Rosneft oil offtake deal
As part of its recent $9.1 billion investment in Russian oil giant Rosneft, little-known CEFC China Energy will have access…
The Oil Market’s Fall Upswing (analysis by Radu Dudău)
Radu Dudău, EPG Director Early September saw the beginning of a significant price increase for Brent, the international crude oil benchmark,…
Total, Eni, Statoil seek buyers for North Sea Teesside terminal
Total, Eni and Statoil are seeking buyers for their stake in the Teesside oil terminal in northern England, which receives…
Polish expert Jerzy Dudek cries foul at Council’s Nord Stream 2 position
EU Council legal experts insist that the Commission should not be granted a mandate to negotiate the contested Nord Stream…
ANRE postponed an increase in gas prices for consumers, although the suppliers paid more
With a leadership near finishing its mandate, under the spectrum of a parliamentary investigation and violently criticized by some political…
Gazprom, Bulgaria discuss gas transit in context of Turkish Stream
Gazprom chief Alexei Miller discussed issues related to gas supply and transit with Bulgarian energy minister Temenuzhka Petkova this week,…
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…
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,…