A new gas pipeline between Turkey and Israel – the possibility of reducing dependence on Russia
A gas pipeline between Turkey and Israel is being discussed as one of Europe’s alternatives to Russian deliveries, but government…
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EU Commissioner for Economy: If Russia cuts off gas supplies, we are ready to face the decision
The payment of Russian gas in rubles means a breach of existing contracts, and if Russia decides to suspend deliveries,…
Traders: There will be problems with the supply of petrol and diesel due to the war
Energy and commodity markets are in shock after Russia’s invasion of Ukraine, leading trading companies warned, warning that there could…
ING will no longer fund new oil and gas projects
Dutch banking group ING will no longer finance new oil and gas projects, ING energy director Michiel de Haan told…
Cîțu: Excise tax cut on fuel is no longer on the table of the governing coalition
The president of PNL, Florin Cîţu, declared on Tuesday that the reduction of the excise tax on fuel is no…
Minister: Starting this year, we will have an additional 1 billion cm of gas
Romania will have natural gas from other sources next winter, including from the Black Sea, and starting this year we…
Bulgaria-Greece pipeline will receive the first Azerbaijani gas molecule in September
Bulgarian Prime Minister Kiril Petkov says the Bulgaria-Greece gas pipeline will be up and running in September, according to BTA.…
World’s biggest oilfield contractors are quitting future Russia works
The world’s three biggest oilfield service providers are halting future work in Russia, in response to President Vladimir Putin’s invasion…
Iohannis: Romania is willing to make its own gas infrastructure available
Romania is willing to provide its own infrastructure to diversify the supply of natural gas from multiple sources, in the…
IEA: There are high risks to the oil supply – possibly the biggest crisis in decades
The International Energy Agency (IEA) warned on Wednesday of the risk of “the biggest supply crisis” of oil in decades,…
EU splits on Russian oil and gas ban
In Romania, neither the government nor President Iohannis have spoken about a ban on Russian energy. However, they are nevertheless…
Gas prices continue to fall after Russia ruled out an export ban
Reference prices for natural gas in Europe fell on Friday, for the fourth day in a row, after Russia announced…
Brent oil prices have risen by more than 3% amid supply uncertainties
The price of a barrel of Brent oil supplied in May rose by more than 3% on the London futures…
Gas prices have fallen by 10% in Europe, with Russian deliveries running normally
Reference prices for natural gas in Europe fell by as much as 10% on Thursday, while Russian gas supplies to…
EU drafts plan to ditch Russian gas
Europe needs to build up its renewable energy capacity and diversify its gas supply to end its dependency on Russian…
OMV joins large energy companies and withdraws from Russia
The Austrian group OMV announced on Saturday that it is withdrawing from Russia, being the latest energy company to make…
Petromidia refinery – scheduled technological shutdown
Rompetrol Rafinare, member company of the KMG International Group (KMGI), will suspend the operational activity of the Petromidia Năvodari refinery,…
Iohannis: The European Union’s dependence on Russian gas must end
The European Union’s dependence on Russian gas must end, President Klaus Iohannis said in a joint conference with European Commission…
Virgil Popescu spoke with the Azerbaijani president about Europe’s gas supply
Romanian Energy Minister Virgil Popescu in Baku spoke with President of the Republic of Azerbaijan Ilham Aliyev and other officials…
OMV has stopped talks with Gazprom on a gas field and revises role in Nord Stream 2
Austrian energy group OMV announced that it has abandoned plans to take over a stake in a Gazprom gas field…
Italy freezes 500 mln. euro loan for Russian Arctic LNG project 2
Russia’s invasion of Ukraine has prompted Italy to suspend its $21 billion Arctic LNG 2 project, led by private Russian…
KMG International Group will have new chief executive officer
National Company KazMunayGas (KMG), the sole shareholder of KMG International N.V. (KMGI), made a decision on appointment of Bakhyt Kulmakhanov…
TotalEnergies does not pull out of Russia, will no longer provide capital
French energy firm TotalEnergies has announced that it will no longer be providing capital for new projects in Russia, in…