MET Group expands into Asia-Pacific
As part of its continuing expansion, Swiss-based energy company MET Group opens its office in the Republic of Singapore. MET…
OMV Petrom signed a contract with Botaş for the purchase of gas of 4 mmc/day
OMV Petrom signed a contract with the Turkish company Botaş for the purchase of gas of up to 4 million…
Gas imports down 34.7% in the first six months of 2023
Romania imported, in the first six months of 2023, a quantity of usable natural gas of 696,200 tons of oil…
New MoU signed by BRM with the Ukrainian Energy Exchange UEEX
The President of the Executive Committee of the Energy Exchange of Ukraine, Oleksii Dubovskyi, and the President of the Romanian…
Prospect of strikes raises the price of natural gas
Benchmark natural gas prices on the European market rose on Monday as workers at some liquefied natural gas (LNG) production…
ORLEN increases Poland’s LNG import capacity
ORLEN will be able to receive up to 58 shipments of liquefied natural gas per year at the Floating Storage…
EU natural gas storage capacities, 90% full
Natural gas storage capacities in the EU are already 90% full, well ahead of the deadline set to reach this…
MET Group expands into the German renewables market
Swiss-based energy company MET Group is growing its European portfolio by entering the German renewables market, with a 100% stake…
Novatek to become the main supplier of Russian gas to Europe, beating Gazprom
Increased supplies of liquefied natural gas (LNG) from Russia’s Novatek will help the group become Europe’s leading fuel supplier, overtaking…
Romania and the Republic of Moldova continue the network interconnection projects
On Wednesday, at the proposal of the Ministry of Energy, the Memorandum of Understanding between the Government of Romania and…
Gazprom: Europe will find it “very difficult” to fill storage for next winter
Europe will find it very difficult to refill its natural gas stockpiles ahead of next winter, Russian gas giant Gazprom…
Romania and other SEE countries to sign new Azeri gas agreement in Sofia, on April 25-26
Romania, Azerbaijan, Turkey, Bulgaria, Hungary and Slovakia are to sign a new agreement on import of Azeri gas supply on…
US to deliver about 50 bcm of LNG to the EU countries in 2023
This year, the European Union will receive about 50 billion cubic meters (bcm) of liquefied natural gas (LNG) from the…
European Natural gas price drops below 50 euro per MWh
Reference quotations for natural gas on the European market fell below 50 euro for a Megawatt-hour on Thursday morning, for…
Germany and Belgium to link hydrogen networks, double LNG transit
Germany and Belgium agreed to link their hydrogen networks, double gas flow into Germany and explore the possibility of a…
Russian gas exports down 25%, oil up 7.6% in 2022
Russian natural gas exports fell by 25.1% in 2022, affected by international sanctions, and the decline was only partially offset…
Russian liquefied gas exports to Europe increased by 20% in 2022
Russia supplied Europe with 17 million tonnes of liquefied natural gas (LNG) last year, an increase of around 20% compared…
ESMA: Capping the price of natural gas affects the exchanges
The EU’s decision to cap the price of natural gas could affect financial stability and potentially reduce liquidity on European…
European gas price, at lowest value of the past 17 months
Reference prices of natural gas in Europe fell on Monday to the lowest level since September 2021, as full depots…
Hidroelectrica will partner a with an UAE company for the production of renewable energy
The Masdar company from the United Arab Emirates and Hidroelectrica will collaborate for the production of renewable energy, discussions have…
Bulgaria secures new oil and gas resources from Greece
Bulgaria’s caretaker government said it approved the signing of two memoranda of understanding (MoU) with Greece, which will boost collaboration…
Bulgaria will access Turkey’s LNG terminals
Bulgargaz has signed a long-term agreement with Turkish gas company Botas for access to liquefied natural gas (LNG) terminals in…
European gas prices fell below 70 euro per MWh
Reference gas prices on the European market are falling in the new year, as mild weather has reduced demand, reports…