Fear of infringement and industry lobby eliminates gas price freezing for companies
As a result of the industry lobby and the European Union’s recommendations, the government ceded and gave up the gas…
Romania takes one more step towards financing energy investments through the CfDs
The Energy Ministry has made public a study on CfD as a financing tool for investments in the energy sector;…
We released the 22th issue of the energynomics.ro Magazine, at 2019 Spring Cocktail!
The 22st edition of energynomics.ro Magazine was launched on Wednesday, March 27th, within the 6th edition of Spring Cocktail. 184 pages of interviews, analysis and…
GEO 114 amendments increase private players’ returns and subsidize coal
The Draft Emergency Ordinance to amend the Emergency Ordinance 114/2018 also introduces changes in an ANRE Order that was not…
Ringhel won the Startup Europe Summit pitching competition in Cluj-Napoca
Ringhel won MY-GATEWAY startup competition, the EU funded project which aims to boost entrepreneurship in Central and Eastern Europe. The…
ANRE vice-president Henorel Soreață resigned
ANRE Vice President and member of the Regulatory Committee, Henorel Soreață, has filed his resignation to the Parliament, following the…
Amonil requests suspension of bankruptcy, experts say ANRE gas decision is not really legal
Although Amonil Slobozia went bankrupt a month ago, ANRE’s new decision that the fertilizer producers will receive gas at subsidized…
Teodorovici certifies: Thursday will be approved the final form of GEO 114; new proposals have been received
Finance Minister Eugen Teodorovici confirmed that on Thursday a new Government Emergency Ordinance for the amendment of Government Emergency Ordinance…
0.06 lei added to gasoline prices in a week (over 1%) for an almost 10% total increase in 2019
The price of gasolines sold by Petrom climbed six bani during the last week in all eight stations monitored by…
Gazprom expects tough competition from U.S. LNG exports to Europe
U.S. exports of liquefied natural gas (LNG) to Europe will be the main competition for Gazprom this year, the Russian…
Romania’s gasoline price has risen more than the European average
The price of tax-free fuels in Romania continues to be higher than the European Union average, and in the case…
Hungary has already provided its gas supplies for 2020
Hungary has secured gas supplies for the next year even though Moscow and Kiev will not be able to reach…
The regulator decided what companies would buy how much domestic gas and from whom at the price the Government set
The latest decisions of the National Regulatory Authority for Energy – ANRE set out the destinations for natural gas from…
National Chemistry Contest, supported by KMG International
KMG International (Rompetrol) is the main sponsor of the 53rd edition of the Chemistry Contest, which is organized by the…
Lukoil continues drilling in the Black Sea
Lukoil, one of the most powerful players in the local oil market, says this year will drill a probe in…
PwC, ARB: We have the lowest degree of financial intermediation, ROBOR has evolved in resonance with inflation
Dafora has decided to extend its reorganization period by another year. Thus, Dafora will empower the owner, Geroge Calburean, to…
OMV Petrom and Exxon have new proposals for the gov’t
OMV Petrom and Exxon do not want to be subject to the financial tax provisions of the Offshore Law, OUG…
EY: The value of oil and gas transactions rose in 2018 due to record of 11% in downstream
The total value of oil and gas transactions increased by 79.7 billion USD in 2018 to 426.8 billion, despite a…
SOCAR intends to sell Azerbaijani oil and oil products in Romania
SOCAR’s subsidiary in Romania – SOCAR Petroleum SA plans to sell in Romania oil and oil products produced at the…
Prospex Oil and Gas raises funds for Romanian concession
K-based Prospex Oil and Gas has raised 800,000 British pounds (899,562 euro) via a share placing to help fund its…
Ade Gas Oil strengthens its position in the LPG market
Romania’s competition authority said it will look into the recent takeover by Ade Gas Oil Company of some assets owned…
Gasoline prices up by another 1% for a total of 8.55% increase in 2019
After one week of stagnation, the upward trend in gasoline prices continues, with an average price increase of 0.92%, the…
Transgaz proposes dividends worth 255 million lei
The Transgaz Board of Directors proposes to grant dividends for the year 2018 in the amount of 255.02 million lei,…