gas
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Romgaz To Start Exploitation Of $1Bn Gas Field In Slovakia
Romania’s state-run gas producer Romgaz Medias (SNG.RO) will start the exploitation of a gas field in Slovakia in the last quarter of 2015, targeting a perimeter of which it holds a 25% stak...
Household Gas Prices Rise By RON7/MWh As Of July
Gas prices for household consumers and thermal power producers will rise to RON60/MWh from RON53.3/MWh as of July 1 and will continue to rise by RON6 a year in 2016 and 2017, under the dereg...
E.ON Energie Romania Expects Revenue To Drop To 2013 Level
Integrated electricity and natural gas supplier E.ON Energie Romania, a unit of Germany’s E.ON, is bearish about 2015 and expects 9% lower operating revenue of 4.8 billion lei (a little more...
OMV Petrom Becomes Integrated Power And Gas Supplier
OMV Petrom, the only local oil and gas producer, plans to introduce combined electricity and gas offers and thus operate as an integrated utility supplier. It is also trying to protect its f...
Romgaz To Step Up Exploration Efforts In 2015
State-run Romgaz (SNG.RO), the largest local gas producer, says it will step up exploration efforts to identify new gas deposits, so it will drill 40 exploration wells this year, double as m...
GDF Suez Energy Romania To Rebrand To ENGIE
GDF Suez Energy Romania, the largest local natural gas supplier, will become ENGIE by yearend, following a group-wide decision to rebrand.
Household Gas Prices Rise 5-8% As Of July
The final price of natural gas paid by household consumers will increase by 5-8% as of July 1, energy regulatory agency president Niculae Havrilet said Thursday.
Cheap Oil Hurts Suppliers Of Equipment And Services
Oil and gas producers have had to cut investments due to the sudden drop in oil price, which translates into a lower demand for drilling equipment, pipes and drilling services.
Bill Paid By Romania For Gazprom Gas Slid 14 Times During The Crisis
The bill Romania paid in 2014 for Russian gas imported through intermediaries from Gazprom stood at $117 million, over four times lower than in 2013 and 14 times less than in 2008, a year wh...