NATURAL GAS

Australia’s Woodside Acquires Stake in Offshore Block in Bulgaria

Date: 16.08.2018 Author: Peter Palčec
Australia’s Woodside Acquires Stake in Offshore Block in BulgariaPhoto: www.pixabay.com

The Australian oil and gas company Woodside entered into a farm-in agreement in July 2018 with Shell International Exploration and Development Italia to acquire a 30% non-operated participating

Romanian Romgaz's EBIT Down 11.9% in H1 2018

Date: 16.08.2018 Author: Tanja Srnovršnik Volarič
Romanian Romgaz's EBIT Down 11.9% in H1 2018Photo: Romgaz

The Romanian natural gas producer and supplier Romgaz generated earnings before interest and taxes (EBIT) of RON 921.7 million (EUR 198.1 million) in the first half of 2018, down 11.9% compared to the

Romanian Transgaz's Operating Profit Down 31.7% in H1 2018

Date: 16.08.2018 Author: Tanja Srnovršnik Volarič
Romanian Transgaz's Operating Profit Down 31.7% in H1 2018Photo: Energetika.NET

Romania’s national gas TSO, Transgaz, generated an operating profit of RON 317.76 million (EUR 68.3 million) in the first half of 2018, down 31.7% compared to the first half of 2017, according to

Romania: Standardised Products Approved for Trading on Centralised Gas Markets

Date: 15.08.2018 Author: Tanja Srnovršnik Volarič
Romania: Standardised Products Approved for Trading on Centralised Gas MarketsPhoto: Roman Peklaj

The Regulatory Committee of the Romanian energy regulator, ANRE, has approved a centralised list of standardised products to be traded on the centralised natural gas markets for the short, medium and

IGU: Gas on Gas Competition Rose to 70% in Europe in 2017

Date: 15.08.2018 Author: Tanja Srnovršnik Volarič
IGU: Gas on Gas Competition Rose to 70% in Europe in 2017Photo: ACER

The share of gas on gas competition rose again last year by one percentage point to 46% of total world consumption (3,740 bcm), according to the International Gas Union’s (IGU) 2018 Wholesale Gas

Serinus Expects to Start Romanian Gas Sales in Late August

Date: 14.08.2018 Author: Tanja Srnovršnik Volarič
Serinus Expects to Start Romanian Gas Sales in Late AugustPhoto: Gazprom

Commercial gas sales from the Moftinu gas plant in the Satu Mare exploration block in Romania are expected to start in the second half of August, wrote Serinus Energy, an international oil and gas

Bulgaria's Bulgargaz Proposes 14.34% Gas Price Increase for Q4 2018

Date: 14.08.2018 Author: Tanja Srnovršnik Volarič
Bulgaria's Bulgargaz Proposes 14.34% Gas Price Increase for Q4 2018Photo: Shutterstock

Bulgaria's state-owned gas supplier, Bulgargaz, intends to propose to the country's energy regulator, EWRC, a 14.34% increase in the price of natural gas for the fourth quarter of 2018, the company

ICGB Resumes Engineering Consultant Tender for Bulgaria-Greece Gas Link

Date: 14.08.2018 Author: Tanja Srnovršnik Volarič
ICGB Resumes Engineering Consultant Tender for Bulgaria-Greece Gas LinkPhoto: Plinovodi

ICGB, the company in charge of the Bulgaria-Greece gas interconnector (IGB) project, has resumed the procedure for selection of an owner engineer for the Bulgaria-Greece gas interconnector (IGB)

Romania's Power Exports Down 20.9% in H1 2018

Date: 14.08.2018 Author: Tanja Srnovršnik Volarič
Romania's Power Exports Down 20.9% in H1 2018Photo: iStockphoto

Romania's electricity imports decreased by 19% in the first half of 2018, to 1.38 TWh, while electricity exports fell by 20.9% to 2.96 TWh, reported Romania's National Institute of Statistics.

Montenegro Starts Public Debate on Draft Law on Safety of Hydrocarbon Operations

Date: 14.08.2018 Author: Tanja Srnovršnik Volarič
Montenegro Starts Public Debate on Draft Law on Safety of Hydrocarbon OperationsPhoto: Alenka Žumbar

The Montenegrin Ministry of Economy has launched a public debate on a draft law on the safety of hydrocarbon-related operations.

Croatian Plinacro Publishes New Tender for Gas Purchase

Date: 14.08.2018 Author: Tanja Srnovršnik Volarič
Croatian Plinacro Publishes New Tender for Gas PurchasePhoto: Jo Goertz/E.ON

The Croatian gas TSO, Plinacro, has published a tender for the purchase of around 19 million kWh of natural gas. The estimated value of the purchase is HRK 4.997 million (EUR 673,054).

Pippa Gallop, Bankwatch: We Need to Stop Building New Fossil Fuel Infrastructure!

Date: 13.08.2018 Author: Andreja Šalamun
Pippa Gallop, Bankwatch: We Need to Stop Building New Fossil Fuel Infrastructure!Photo: Andreja Šalamun

While the major EU states have already set out a clear strategy for the swiftest possible transition to renewable energy sources and found many business opportunities along the way, the countries of

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