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
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
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
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
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