Gazprom warns restrictions if EU sells gas back to Ukraine
Gazprom head Alexei Miller said Friday that the state-owned gas giant could retaliate against European countries if they were to…
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1.5% hike in power transmission tariff for Transelectrica, since July 1st
The Romanian energy regulator, ANRE, has approved a 1.5% increase in the average price for electricity transmission to 22.50 lei…
Lukoil to Build $30 Billion Cash Pot After Debt Freeze
At Russia’s largest private-sector oil company, the Ukraine crisis is forcing a change of strategy. Lukoil will cut spending to…
RWE opened an energy supply subsidiary in Romania
The German RWE Group with operations on the electricity and gas market is expanding its electricity retail business to the…
NAMR reconfirms the bidding round for 36 new oil blocks, most of them onshore
National Agency for Mineral Resources (NAMR) will make available for auction in the next period 36 new oil blocks, including…
Electrica collected almost 445 million euros in IPO
Electrica obtained 1.95 billion lei (444,31 million euros) in its IPO consisting of an offer of shares on the Bucharest…
Christoph Frei, CME: Europe must come to terms with Russia
Europe and Russia should cooperate in the energy field because one without the other will be weaker in this market,…
OMV and Gazprom “lay the pipe” for South Stream
Gazprom’s Chairman, Alexei Miller, and his counterpart from OMV, Gerhard Roiss, signed Tuesday the agreement to establish a joint company…
Norges Bank could invest more in Romanian energy shares
Norway’s private investment fund manager, the largest sovereign wealth fund in the world, with 890 billion worth of assets, will…