ECB estimates that a growth in oil price will only reduce the potential economic growth of the euro area by 0.8%
A permanent increase of the oil price would reduce potential economic growth in the euro zone by less than 1%…
Iohannis: We will not abandon Moldova, we are looking for a solution for gas supply
President Klaus Iohannis stated, during the meeting with the Moldovan counterpart Maia Sandu, that Romania is aware of the extremely…
Greenpeace asks Gov’t to expedite the transition, protests in front of the Russian oil tanker VF Tanker 2
Greenpeace Romania activists in kayaks protest in front of the Russian oil tanker VF Tanker 2, which is currently off…
Romania’s domestic energy production decreased by 8%, demand decreased by 5%, in H1
Romania’s domestic energy production decreased by 8% in the first six months of the year, and energy demand decreased by…
Economy Minister: Part of the industry has already reduced gas consumption for market reasons
Part of the Romanian industry, such as the metallurgical one, has reduced gas consumption against the backdrop of the decrease…
PSD supports the temporary regulation of energy prices
Rising gas prices are rekindling talk of at least a temporary return to regulated rates. The Minister of Public Finance…
Delgaz Grid launches an online application that will help improve the connection process
Delgaz Grid launched the “Work programs” application, as the first stage of the implementation of the SharePoint-type online platform “Electricity…
OMV Petrom’s profits more than quadrupled in the first half of this year
The net profit attributable to OMV Petrom S.A. shareholders after the first half of this year’s activity was 4.64 billion…
The 15% reduction in gas consumption is voluntary, Romania supports decoupling the price of gas from that of electricity
The discussions held on the margins of the Energy Council, in which the Secretary of State Dan Drăgan also participated…
Romania exceeded its gas storage target
Romania has already exceeded its gas storage target set for August 1, stated today, at the Government, the State Secretary…
Russia cut gas flow to Germany to 20%, prices are rising again
Gazprom reduced the supply of gas to Germany to a fifth of the capacity of the Nord Stream gas pipeline…
Ringhel has the solution to automate integration into the online switching platform
In June, ANRE provided access to the online supplier switching platform (POSF), implemented as part of a European project to…
Member states commit to reducing gas demand by 15% next winter
In an effort to increase EU security of energy supply, member states today reached a political agreement on a voluntary…
Romania’s crude oil production fell by 6.2% in the first five months of 2022
Romania produced, in the first five months of 2022, a quantity of crude oil of 1.224 million tons of oil…
Nova Power & Gas prepares new energy capacity on natural gas
Nova Power & Gas has applied to ANRE for approval to build new gas-fired power generation capacity, according to Invest…
EU plan to cut gas consumption faces opposition from some member states
The EU proposal aimed at reducing the use of gas by 15% in the member states, in order to prepare…
France opposes the single target of reducing gas consumption in Europe
Officials from the French Energy ministry said their country is against a single target of a 15% reduction in gas…
ALRO group closes ALUM Tulcea, amid rising electricity and natural gas prices
ALRO, one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, announces that due to the…
Ciucă: Romania will have enough gas for the winter of 2022-2023
Prime Minister Nicolae Ciucă said on Thursday that at present there are no fears that Romania will not have the…
Moldovagaz will disconnect debtors from the Republic of Moldova on August 1
Moldovagaz warns household consumers who have accumulated debts that, starting with August 1, it will disconnect their natural gas installations.…
Chimcomplex inaugurated its special polyols production plant, an investment of over 40 million euros
Chimcomplex inaugurated today in Rm. Vâlcea the newest special polyols production plant in the region, following an investment of 40…
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…