Transporters call for excise duty reduction and capping of diesel prices
The Federation of Romanian Transport Operators (FORT) calls on the Romanian Government to urgently adopt measures to limit the impact…
Bulgaria nears completion of key stages in construction of Vertical Corridor
Bulgaria is nearing completion of key stages in construction of the Vertical Gas Corridor on its territory, with two projects…
Romania lacks the courage to play its important role in the regional energy market
Romania holds a strong structural position in Central and Eastern Europe’s gas market, with domestic production covering most of its…
Five countries including Romania request approval for the launch of Routes 2 and 3 to increase LNG potential
The gas transmission system operators DESFA (Greece), Bulgartransgaz EAD (Bulgaria), Transgaz (Romania), Vestmoldtransgaz (Republic of Moldova) and Gas TSO of…
Bulgaria to end Russian gas transit through its territory in 2026
Bulgaria plans to end Russian gas transit through its territory, to Serbia and Hungary, in 2026, Bulgarian Prime Minister Rosen…
MMT completes the overhaul of the offshore terminal serving Petromidia
Midia Marine Terminal (MMT), a member company of KMG International (Rompetrol) Group, has recently completed a key stage of technical…
Bulgaria: US financiers propose major investment in gas hub
Two American financiers, one of whom has ties to former US President Donald Trump’s campaign, have initiated talks with Bulgarian…
Bulgartransgaz: Kardam-Negru Voda interconnection point, reserved 70%
Bulgarian gas transmission operator Bulgartransgaz said on Tuesday that the Kardam-Negru Voda exit point from Bulgaria to Romania has attracted…
Transgaz has completed the Danube sub-crossing, part of the Tuzla-Podișor Pipeline
Ion Sterian, Transgaz CEO, announced the completion of the Danube River Undercrossing Project, part of the infrastructure of the DN…
EU to sanction Nord Stream 2 to stop Russian gas flow
The European Union is moving closer to a decision to include the Nord Stream 2 pipeline in a new package…
Tuzla – Podișor gas pipeline to be officially received in the next 60 days
The Tuzla – Podișor gas pipeline, the over 300 km long pipeline that will take gas from the Black Sea,…
Elliott Investment to buy stake in Bulgarian gas transport infrastructure
Elliott Investment Management, led by billionaire Paul Singer, is exploring the possibility of acquiring a stake in a set of…
Delgaz Grid: Record investments of around 64 million lei in the gas networks in Cluj
Delgaz Grid, the natural gas and electricity distribution company within the E.ON Group in Romania, completed 15 investment projects in…
JT Grup Oil expands its capacity by acquiring the Delta Oil bunkering vessel
Following the bankruptcy of more and more Russian oil companies and in the current context of the Romanian energy market,…
Competition launches investigation into the LPG port operation services market
The Competition Council has launched an investigation into a possible abuse of dominant position by Octogon Gas & Logistics on…
Dorin Junghietu: In order to be competitive, Moldovagaz will have to undergo a large transformation process
At 37 Dorin Junghietu won the competition for the selection of Moldovagaz Board of Directors representing the Ministry of Energy.…
The acquisition by Nawaf Salameh Family Office of the Octogon terminal contributes to the strengthening of Romania’s national security
The Nawaf Salameh Family Office takes a major, strategic leap forward with the acquisition of the Octogon Gas & Logistics…
Ukraine: An adviser to Zelenskiy backtracks on statements about stopping Russian oil transit
An adviser to the Ukrainian presidential administration, Mihailo Podoliak, backed off to the comments regarding the stoppage of Russian oil…
AFM will finance projects to expand and modernize natural gas networks
Projects for the expansion, conversion or modernization of natural gas transmission and distribution networks will receive financing from the Environmental…
Transgaz announces a 2.5 bigger profit for H1
SNTGN Transgaz posted a 249% bigger net profit after the first half of this year (H1), compared to the…
Oil Terminal posts a net profit of 36 mln. lei, up 42% in H1
Oil Terminal recorded a net profit of 36.2 million lei in the first half of 2024 (H1), 42% higher than…
JT Grup Oil debuts on the AeRO market of the Bucharest Stock Exchange
JT Grup Oil, a company active in the fuel distribution market and the developer of the newest private terminal for…