EU GDP will fall by 1% if Russia cuts off gas and no timely action is taken
The European Commission estimated on Tuesday that the European Union’s Gross Domestic Product will fall by 0.6% – 1% if…
EC proposes a cut in gas use in the EU by 15% by next spring
As the EU faces the risk of further disruptions to Russia’s gas supplies, the European Commission on Wednesday proposed a…
Gas imports decreased by 14%, production by 5.6%, between January and May
Romania imported, in the first five months of 2022, a quantity of usable natural gas of 930,500 tons of oil…
ANRE fined 24 energy companies by 11 mln. lei
The National Energy Regulatory Authority applied contravention sanctions in a total amount of almost 11.2 million lei to a number…
INS: Natural gas distribution network expanded by 4.3% in 2021
The length of the natural gas distribution network was of 45,444.9 km in 2021, up 4.3%, according to data released…
IMF: Ending Russian gas supplies would cause a severe recession in Europe
The cessation of Russian gas supplies would cause a severe recession in Eastern Europe and Italy, if countries around the…
Energy Minister: The loading factor of gas deposits is of 50%
The loading factor of gas deposits is currently of 50%, more than our country assumed for August 1, wrote on…
BASF and MAN Energy – partnership for construction of one of the world’s largest heat pumps
BASF and MAN Energy Solutions have entered into a strategic partnership to pursue the construction of an industrial-scale heat pump…
Shahrad Adjili: Kawasaki is the first company to operate a complete CHP application on 100% hydrogen
After the disaster from Fukushima in 2011, the Japanese Government decided to change the fuel mix and concentrate on hydrogen…
Hans Korteweg, COGEN: We want to see support for energy efficiency in the entire value chain
Cogeneration transforms about 90% of energy into electricity and heat for factories, buildings, industry and homes, said Hans Korteweg –…
AEI: Romania has reached a level of gas deposit loading of 47%
Romania benefits from imported gas nowadays and has reached a level of gas deposits loading of 47%, it is shown…
Gas prices have risen by almost 90% in the last year, fuels up 41%
Gas prices have risen the most in the last year, given that tariffs were 89.5% higher in June this year…
France’s industry moves to oil out of fear of a Russian gas cutoff
France’s energy-serious industry is accelerating alternate courses of action and changing their gas boilers over completely to run on oil…
Gazprom cut gas supplies to OMV by 70%
The Austrian energy group OMV announced on Monday that it receives from the Russian group Gazprom a quantity of natural…
Europe urged to invest in LNG infrastructure as winter gas crisis looms
Network operators have called for investments in liquefied natural gas (LNG) infrastructure in order to prevent supply shortages as gas…
Sonatrach and Engie have reached an agreement on the supply and sale of natural gas
The Algerian state company Sonatrach has concluded a three-year contract with the French energy group Engie regarding the price of…
Popescu: Greece – Bulgaria gas interconnector (IGB), inaugurated on Friday
The Greece-Bulgaria (IGB) gas interconnector will be inaugurated on Friday, July 8, says Energy Minister Virgil Popescu. Greek Energy Minister…
Rompetrol: Closing CPC operations will not affect crude oil supply to Petromidia refinery
Closing CPC operations will not affect crude oil supply to Petromidia refinery, says Rompetrol’s shareholder.”In the context of the information…
Roxana Caliminte, GIE: Europe needs new investments in green gas infrastructure and storage
Europe needs new investments in green gas infrastructure and storage and needs to find new sources once Russian gas is…
Government is considering rationing gas for companies
Romanian government is considering for this winter, if the quantities of gas are not imported as planned, to impose a…
Germany will introduce a new tax on gas bills of all consumers
The German government wants to introduce a new tax on gas bills for all consumers, in order to help gas…
EU Taxonomy should not divide the EU in time of crisis
The result of the current political debate on the EU Taxonomy Complementary Delegated Act will significantly shape the European energy…
Antonopoulos, Tallon: It is impossible to estimate an IRR, stability is given by hedging
The volatile period that energy markets are currently going through reveals the impossibility of establishing a fair long-term investment rate…