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Novak Promotes Russian Firms on Morocco Trip
Russian energy minister Alexander Novak has pitched his country's interest in a major, but deferred, multi-billion dollar tender in Morocco. Moroccan state power and water…
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OMV Petrom Seeks To Extend Shallow Water Production
Romania’s OMV Petrom announced September the start of a new drilling campaign costing €70mn in the shallow waters of the Istria oil and gas block in the Black Sea,…
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Romgaz Profits Rise, as Romanian Gas Use Soars
Romanian natural gas consumption increased by 22% to 7bn m3 (74.9 terawatt-hours) in first half 2017, after declines recorded of 2% in 1H2016 and almost 5% in 1H2015, said state-co…
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Black Sea Gas May Need Rethink, if Hungary Blocks Pipe: OMV
Hungary’s refusal to build its section of the BRUA pipeline will have implications for how OMV and ExxonMobil market their deepwater gas reserves offshore Romania, said OMV…
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Romania-Hungary Pipe to Flow By End-2019: FGSZ
Hungarian gas transmission grid operator FGSZ and its Romanian state counterpart Transgaz declared July 31 they still plan to launch the Open Season Procedure regarding Romania-Hun…
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Balkan Companies Signed the Vertical Corridor MOU
National gas transmission system operators (TSOs) of Bulgaria, Greece, Romania, and Hungary signed a memorandum of understanding on the implementation of a Vertical Gas Corridor…
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Hungary Wants Tie-in to Gazprom's Turkstream
Hungary has signed accords with Gazprom to link into the 31.5bn m3/yr Turkstream gas pipe project which the Russian giant recently began building. “The new natural gas…
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GE Joins Spain's DF to Build Romanian CCGT
US engineering giant GE said June 27 it has been awarded an order by Spanish contractor Duro Felguera (DF) to provide turbines for a combined cycle gas turbine (CCGT) plant being…
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Bulgaria Seeks More Shah Deniz Gas
State-owned gas transportation operator Bulgartransgaz has initiated talks with Azerbaijan for gas supplies beyond the present contract, deputy energy minister Zhecho Stankov…
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EC Opens Romania Antitrust Gas Probe
The European Commission has opened a formal antitrust investigation into whether Romanian gas transmission operator Transgaz has hindered exports from the country to other EU…
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EBRD To Focus on E European Gas
Integrating Eastern Europe’s Gas Markets is to be a key discussion theme at the European Bank for Reconstruction and Development’s annual meeting on May 10 in the…
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Carlyle To Resume Black Sea Drilling
US private equity giant Carlyle’s Romania subsidiary has awarded a drilling rig contract. Black Sea Oil & Gas (BSOG), wholly owned by Carlyle International Energy…
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Austrian OMV Hit by Impairments, Gas Oversupply
Austrian energy company OMV reported February 16 a net loss of €192mn ($204mn) for Q4 2016, down from €1.017bn in the same period of 2015, thanks to cost-cutting and…
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Reflections on the New Romanian Energy Strategy
The Energy Ministry posted on December 19 the Energy Strategy of Romania 2016-2030, with an Outlook to 2050. It has been a long-awaited document, on which stakeholders have for…
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Brits Feel Most at Home with Gas
Almost half of all Germans believe it would be desirable to use solar energy for space heating at home, according to a ‘Living in Europe’ study by Kantar Emnid…
