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Romania's Transgaz, BSOG proceed with MGD gas delivery project

Romanian gas transmission company Transgaz and Black Sea Oil & Gas have signed an agreement to build a 24.37 km pipeline that will feed gas from Black Sea wells into the system, the economy ministry said on Friday.

read more... 03/09/2019

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Novatek wins license to support new LNG project

Russian independent gas producer Novatek said its Arctic LNG 1 subsidiary has won a 27-year exploration and production license in the Yamal region, paving the way for a new liquefied natural gas (LNG) project.

read more... 03/09/2019

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Vestas to sell majority stake in three wind power plants in Romania for 136 mln euro

Danish wind turbine manufacturer Vestas said it has entered into an agreement to sell 80% of its shares in the subsidiaries owning the Romanian wind power plants Pantelimon, Pegasus, and Apollo to a non-disclosed buyer for 136 million euro ($151 million).

read more... 30/08/2019

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Over 97% of Belarus connected to gas supply network

More than 97% of Belarus is connected to the gas supply network, Belarus' Energy Minister Viktor Karankevich told the media on 29 August during a press tour to mark Oil, Gas and Fuel Industry Workers Day, BelTA has learned.

read more... 30/08/2019

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Daily (29.08.2019): NBP gas prices surged on Wednesday amid a bullish energy complex

Oil prices rose on Wednesday after data showing a strong decline in U.S. stockpiles softened worries about lower oil demand caused by the trade war between the U.S and China. Brent crude added 1.7% to close at $60.49 a barrel. WTI futures gained 1.6% to settle at $55.78 a barrel.   

read more... 29/08/2019

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