Browsing: gas

The fund will invest 43 million dollars in the construction of a deparaffining plant on the petrochemical platform of the Petromidia refinery.The Kazakh-Romanian investment fund, in…

Due to coronavirus outbreak, the most pessimistic forecasts for fuel demand is confirmed by market data for March. This is off course in the month when…

Wholesale natural gas price for April is reduced by 42.78 %. This decision was approved by Bulgarian Commission for Energy and Water Regulation (KEVR). It follows…

The largest refinery in Romania, Petromidia Navodari, operated by KMG International (KMGI), will keep investing in development and capital repairs. The company will process 5.5 million…

Gas-fired power plants operated by independent producers are now working non-stop, not just during peak hours, as had previously been the case. Offers by these units…

Three agreements on onshore oil and gas exploration and production sharing, in line with a recent decision of the Croatian Government were signed by Croatian oil…

The reason for decrease in gas prices is the fall in global oil prices, as well as hub gas prices in Europe in the last 20…

Gazprom’s natural gas exports to southeastern Europe dropped by 3.1 % in 2019 compared to the previous year, reaching a total of 12.095 billion cubic meters.…

Last September, Romgaz’ shareholders approved in principle the purchase of a 20 % stake in the project. The price to be paid for the stake is…

OMV Petrom, a part o Austrian OMV Group as the largest Romanian oil and gas company estimates 2020 net profit to reach some 580 million euros,…