New extraordinary meeting of the European Ministers of Energy, on September 30
European Energy Ministers will meet again on September 30 in Brussels to examine the emergency measures proposed by the European…
About 500 gas stations are asking for 175 million lei for July through the compensation system
A number of 499 declarations regarding fuel compensation in the total amount of 174.52 million lei, related to the economic…
Virgil Popescu, from Brussels: We will adopt measures to reduce consumption, increase liquidity and reduce gas prices – overtaxation remains
The Minister of Energy, Virgil Popescu, responded from Brussels: the Union countries will adopt measures to reduce consumption, increase the…
Price of natural gas has returned below 200 euro for one Megawatt-hour
The price of natural gas in Europe fell on Thursday to 197 euro per Megawatt-hour, returning below the threshold of…
Confronted with astronomic electricity prices, the EC tables five immediate measures
In a speech delivered today, the President of the European Commission Ursula von der Leyen, mentioned five immediate measures in…
Hungary to invest 16 bln. euro until 2030 to reduce dependence on gas imports
Hungary plans to invest 16 billion euro by 2030 to increase electricity production and storage capacity to reduce its dependence…
Hungary benefits from Russian gas without interruption
Russian gas deliveries to Hungary take place without interruption and there will be no supply problem in the cold season…
D. Chisăliță: The new Ordinance leads to rising prices and the collapse of the energy system
Dumitru Chisăliță, President of the Intelligent Energy Association Romanian energy system entered into crisis in 2017-2018. Statistically, it was the…
Two possible instruments to cap Russian wholesale gas prices under the EC’s scrutiny
The European Commission outlined two possible instruments to cap wholesale gas prices – one of which would be targeted at…
The ordinance against the energy industry – the first 3 issues
We have once again, already in force, an emergency ordinance that turns the energy industry in Romania upside down and…
The Romanian Energy Centre association read with concern the new GEO on energy
The Romanian Energy Centre Association – CRE, through its members, the main companies in the energy production, transmission and distribution…
Engie boss: A turning point for Europe’s energy sector
The energy sector in Europe is facing “an exceptional crisis”, Catherine MacGregor, the managing director of the French gas importer…
A new GEO for energy has been published in the Official Gazette
A post on Facebook and a series of statements following the Government meeting constitute the official communication regarding the changes…
EC could ask member states for electricity saving plans
The European Commission is analyzing the possibility of asking member states for plans to reduce electricity consumption, in line with…
Hungary increases dependence on Russian gas through new contract with Gazprom
The Hungarian government signed an agreement with Gazprom to increase the volume of gas delivered by the Russian state company,…
Gazprom reports a record net profit of around 42 bln. USD in H1
Gazprom recorded a record net profit of 2.5 trillion rubles (USD 41.75 billion) in the first half of 2022, and…
Reference prices for natural gas in Europe are rising, after the halt of deliveries via Nord Stream
Reference prices for natural gas in Europe rose on Wednesday, after Gazprom stopped gas deliveries to Germany through the Nord…
ENGIE Romania: We secured the necessary volumes for clients in the portfolio
Against the backdrop of the reduction in gas supplies from Gazprom, ENGIE makes certain clarifications, including regarding the supply of…
Gazprom suspends gas deliveries via Nord Stream between August 31 and September 3
Gazprom will stop gas supplies to Germany via the Nord Stream 1 gas pipeline between August 31, 01:00 GMT and…
AEI: Reducing the price of gas and energy, the goal of the solutions proposed in the energy market
The energy crisis must not allow huge profits to be made for some players, but the measures taken must aim…
Nicolescu: The scheme needs to be urgently recalibrated and resized, the state can’t support it
The electricity market in Romania is not functional, with an outdated market design, with an accidental market (PZU, DAM) becoming…
Berlin is preparing for a possible nationalization of Gazprom Germany
The Berlin government has set up a holding company to carry out a possible nationalization of Gazprom Germany, the energy…
Hungary wants to increase gas supplies from Gazprom
Hungary will continue talks with Russia on increasing gas supplies and expects to reach an agreement with Gazprom on increasing…