Chisăliță: Lowering the price of gas from domestic production – only on competitive basis
The reduction of unit costs on the service components, the high competition in the market and the reduction of taxation…
Dorin Junghietu: In order to be competitive, Moldovagaz will have to undergo a large transformation process
At 37 Dorin Junghietu won the competition for the selection of Moldovagaz Board of Directors representing the Ministry of Energy.…
Azerbaijan is negotiating gas deliveries in three European countries
Azerbaijan is in talks to expand its natural gas exports to at least three countries in Europe, President Ilham Aliyev…
Burduja: Natural gas deposits are more than 96% full
Natural gas warehouses are filled to a proportion of 96.53%, according to data from September 4, the amount of gas…
The acquisition by Nawaf Salameh Family Office of the Octogon terminal contributes to the strengthening of Romania’s national security
The Nawaf Salameh Family Office takes a major, strategic leap forward with the acquisition of the Octogon Gas & Logistics…
Burduja: 2025 measures to subsidize the price of energy only for vulnerable consumers
The measures we will take after April 1, 2025 will have to subsidize the price of electricity and natural gas…
Ukraine: An adviser to Zelenskiy backtracks on statements about stopping Russian oil transit
An adviser to the Ukrainian presidential administration, Mihailo Podoliak, backed off to the comments regarding the stoppage of Russian oil…
AFM will finance projects to expand and modernize natural gas networks
Projects for the expansion, conversion or modernization of natural gas transmission and distribution networks will receive financing from the Environmental…
Romania’s crude oil production decreased by 3.8% in the first 6 months
Romania produced, in the first semester of 2024, a quantity of crude oil of over 1.353 million tons of oil…
Romania has 2,878 bcm of natural gas stored; the degree of filling exceeded 90%
Romania has stored 2.878 billion cubic meters (bcm) of natural gas, for a degree of filling of 90.79%, which means…
Gas imports increased by almost 20% in the first half
Gas imports increased by almost 20% in the first half Romania imported, in the first six months of 2024, a…
EU reaches a degree of filling of gas deposits of 90%, Romania exceeds 80%
The European Union’s gas storages are 90% full, reaching this level two months before the set date, which guarantees the…
Transgaz announces a 2.5 bigger profit for H1
SNTGN Transgaz posted a 249% bigger net profit after the first half of this year (H1), compared to the…
AEI: The natural gas price will increase, from April 2025 will also be felt in bills
Stock market developments show trends of gas price increases, which will translate into price increases for the final consumer, says…
Rompetrol Rafinare reports a declining net result in the first half of 2024
Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), recorded, in the first half of 2024, a gross…
Oil Terminal posts a net profit of 36 mln. lei, up 42% in H1
Oil Terminal recorded a net profit of 36.2 million lei in the first half of 2024 (H1), 42% higher than…
OPEC revises its 2024 oil demand forecasts
The Organization of the Petroleum Exporting Countries (OPEC) revised its forecast for global oil demand growth in 2024, citing weaker-than-expected…
MOL Group posted a 19% increase in profit in S1, to USD 916 mln.
The MOL Group recorded, in the first half of this year (S1), a pre-tax profit of 916 million dollars, up…
European gas prices rise amid fears about developments in Kursk
Reference prices of natural gas on the European market rose on Thursday to the highest level since December, due to…
OSCAR Downstream: First mobile payment app in the Romanian B2B fuel distribution market
OSCAR Downstream, the largest Romanian independent fuel distribution company, launches for the first time for B2B customers in Romania the…
JT Grup Oil debuts on the AeRO market of the Bucharest Stock Exchange
JT Grup Oil, a company active in the fuel distribution market and the developer of the newest private terminal for…
Romania and Serbia, closer to the construction of the gas interconnector
Romania and Serbia strengthen energy cooperation by signing the Memorandum of Understanding regarding the gas interconnector construction project, the Ministry…
JT Grup Oil inaugurates the 130 mln. lei terminal in Constanța, has major investment plans
Jean Paul Tucan and Bogdan Aldea, founders of JT Grup Oil, together with Steluța Lebidov, CFO and Sorin Valeriu Naș,…