The Rompetrol Group will become KazMunayGas International
The Rompetrol Group decided to change its name to KazMunayGas International, as part of the process of integration of activities…
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Transportation
Ukraine doubled its Russian gas imports
Ukraine increased its natural gas imports from Russia in recent days, said a spokesman for the state- owned Ukrtransgas in…
The Government gives freely over 30.000 tonnes of gasoline to CFR Călători from the state fuel reserve
The Government has decided by Executive Emergency Ordinance to grant CFR Călători from the state reserve, free of charge, 32,487…
Greece inks a 10 year deal with Gazprom; a retroactive price drop by 15%
Natural gas distribution Company in Greece (DEPA) has signed a 10-year contract for the supply of gas with Gazprom, a…
The Black Sea gas requires gas pipelines of nearly 1 billion euros
Transgaz Mediaş, the national gas transmission operator, stated through its managing director that it has investment programs amounting to EUR…
Gas stockpiles diminish the risk of prices increases due to Ukraine instability
The high level of gas stocks in Western Europe will eliminate the risk on price brought by instability in Ukraine,…
Government Emergency Ordinance for upgrading Conpet’s pipelines
Some investment done by Conpet Ploiești are blocked because the company refuses to pay the fees required by administrators of…
Transgaz and Transelectrica profits increased last year
National gas transporter Transgaz recorded revenues of 1.55 billion lei (345.2 million euros) in the previous financial year, higher by…
Conpet net earnings surpassed 8 million euros last year
Conpet Ploiești made in 2013 a net profit of over 37 million lei (8.4 million euros), up by 21.1% over…
GE Oil & Gas will invest 100 million dollars in 3D printed fuel injectors
General Electric (GE) Oil & Gas, one of the divisions with the fastest growing in GE, will begin 3D printing…
New Chairman of the Board for Oil Terminal
The Oil Terminal shareholders Constanţa appointed Dan Codescu on Monday for the position of president of the Board of Directors…
A game of the lesser evil: extra duty on fuel or no longer a decrease of social insurance contributions
Romanian Prime Minister maintains its position to introduce a 7 eurocents additional duty on fuel this April, despite the political…