Russian oil floods export market as refiners lose money
Crude oil exports from Russia, the world’s biggest producer, grew about seven times faster than output in the first quarter…
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KMG Memorandum ready in July, payments in 6-7 months
###author### The investments planned for the special fund created by KMG International with the Romanian state will be made next…
Gazprom does not give up South Stream, in spite of 70% lower profit
Gazprom’s net profit, calculated under Russian Accounting Standards (RAS), fell 70 percent last year to 189 billion roubles (3.3 billion…
Republic of Moldova in gas peril as Russians ask for price hike, Romanian supply too small
Russian Gazprom threatened to suspend gas supply to Republic of Moldova because of accumulated debts, and its subsidiary, MoldovaGaz, called…
ANRE has more than 30 unresolved issues in regulating the gas market
Failure of gas market is based on the lack of regulation of the market, some of which are ANRE obligations…
Dudău, EPG: 70% of gas transport and 40% of supply network need refurbishment
Almost 70% of the gas transportation system must be modernized and about 40% of the gas distribution infrastructure must be…
Energy Union project, difficult to accomplish – experts
EU policymakers have unveiled plans for an Energy Union, hailing it as the biggest energy shake-up for more than half a…
OMV Petrom announces reduction of investments by 20% – 35% in 2015
OMV Petrom will reduce its investment with percentages between 20% and 35% this year, mainly due to the sharp fall…
Tradeville: Energy shares, main attractions of the stock exchange for 2015
###author### Main attractions of the Bucharest Stock Exchange (BVB) in 2015 include Property Fund (Fondul Proprietatea), Transgaz, Transelectrica, OMV Petrom,…
