News
Bulgaria may gain from EU-Gazprom deal
Bulgaria stands to benefit from a provisional anti-trust settlement between the European Commission and Russian energy giant Gazprom – but…
Exxon may resume Russian operations
Exxon Mobil Corp declined to comment on a media report that it is seeking permission from the U.S. government to…
35% of Lukoil lubricants production in Ploiesti goes for export
With its 92 employees in Romania and its headquarters in Ploieşti, LUKOIL Lubricants East Europe celebrates a decade of existence…
Romanian Commodities Exchange rejects the idea of an unique centralized gas market operator
The Romanian Commodities Exchange (BRM) could be eliminated as a trading market, in the advantage of OPCOM, it is shown…
OPEC may further cut production beyond June
Oil-producing nations are moving closer toward ending a global glut and re-balancing the crude market, and OPEC will decide next…
Turkey’s nuclear planns: Sinop study ready by year-end
Turkey plans in the near-future six nuclear reactors, but Sinop is closest. Technical feasibility studies that determine the site suitability…
Anamaria Acristini will be the new executive director for strategy at Electrica SA
Anamaria Acristini is the new Strategy Executive Director of Electrica SA, starting with May 1st, 2017, for a period of…
The global oil market in 2017: contango or backwardation? (analysis by Radu Dudău)
Radu Dudău, EPG Director More than four months after the November 30, 2016 deal between OPEC and eleven non-OPEC producers to…
Georgia is giving up on Gazprom, in favour of Azer natural gas
In the latest episode in one of the region’s longest-running geopolitical soap operas, Georgian Energy Minister Kakha Kaladze on April…
Financiers pour billions into U.S. shale
Investors who took a hit last year when dozens of U.S. shale producers filed for bankruptcy are already making big…
Investors eye midstream sector as production ramps up
Investors are placing bets that demand for U.S. energy pipelines, storage and processing facilities will outstrip supply in the next…
China solar, wind to attract $780 billion investment by 2030 – research report
China’s wind and solar sectors could attract as much as 5.4 trillion yuan ($782 billion) in investment between 2016 and…