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Gazprom in talks over Engie joining expanded Nord Stream
Russia’s Gazprom is in talks with Engie over the French company joining a group planning to expand the Nord Stream…
Prosecutors indicted Petrotel Lukoil and Lukoil Europe Holdings Netherlands
Petrotel Lukoil, Lukoil Europe Holdings Bvatrium Netherlands and persons from management persons are being indicted for money laundering, using the…
GDF SUEZ will investment about 100 million lei in network refurbishment
GDF SUEZ Energy Romania announced that its gas distribution subsidiary Distrigaz Sud Networks will run in August a few projects…
The government approved the strategy of selling shares in Rompetrol Rafinare
The sale strategy of the part of state-owned shares in Rompetrol Rafinare S.A. Constanta was approved Tuesday by the Government,…
Bypassing Ukraine will be costly for Gazprom, say analysts
Russia’s plans to drop Ukraine as a route for pumping natural gas to Europe will leave Gazprom facing about 1…
Lukoil: All accusations are absolutely groundless. We will not leave from Romania
Officials from Moscow of Lukoil oil group reject accusations by Romanian prosecutors on money laundering, tax evasion and Petrotel-Lukoil de-capitalization.…
Receiver: A Chinese company shows interest in Oltchim
Representatives of a Chinese petrochemical company will have a meeting this week with the receivers of Oltchim, interested in buying…
Gazprom annuls Saipem deal for Turkish Stream construction
The energy group Gazprom announced that it has canceled a contract with Italian contractor Saipem to build the first section…
Seizure on Lukoil Europe Holdings BV accounts for a 2 billion euros prejudice
Update: Lukoil denies the allegations of money laundering and tax evasion and intends to appeal against the provision Prosecutor of…
Gazprom delays Turkish Stream works
Gazprom has told pipeline makers to suspend deliveries of pipes for expanding Russia’s network to be connected to the proposed…
GE to sell its global fleet assets to Element and Arval
General Electric on Monday said it agreed to sell its fleet management arm in the United States, Mexico, Australia and…
Rompetrol Rafinare invests a further 11 million dollars into environmental protection
Rompetrol Rafinare, a KMG International member-company, has invested over 11 million USD for putting into operation the first electrostatic precipitator…
Russia, Turkey to sign Turkish Stream deal during the next weeks
Russia and Turkey have agreed to prepare legally binding documents on the construction of the Turkish Stream pipeline by the end of June, Russian Energy…
Gazprom reaffirms plans to cut gas transit through Ukraine in 2019
Russia’s Gazprom has reaffirmed its plans to cut off gas transits through Ukraine to western Europe in 2019 and urged…