OMV still intends to pay in euro for gas purchased from Russia
OMV CEO Alfred Stern announced on Wednesday that the Austrian group will continue to pay in euro for gas purchased…
Marius Chiriac: Romania has chosen to burden energy suppliers
The ordinance on measures applicable to final customers in the electricity and gas market brings some improvements, but it is…
Dana Daraban: Suppliers pre-finance the cap, we want a fast settlement flow
Energy suppliers would have liked to be removed from the schemes with consumer support measures and a direct aid granted,…
Traders: There will be problems with the supply of petrol and diesel due to the war
Energy and commodity markets are in shock after Russia’s invasion of Ukraine, leading trading companies warned, warning that there could…
ING will no longer fund new oil and gas projects
Dutch banking group ING will no longer finance new oil and gas projects, ING energy director Michiel de Haan told…
EU will consider making countries fill gas storage by 90%, new certification system
The European Commission will table proposals on Wednesday (23 March) obliging EU countries to fill up their gas stores at…
Romgaz and Nuclearelectrica could pay lower dividends to the state and shareholders
Romgaz and Nuclearelectrica could benefit from a decrease in the level of dividend distribution, from 90% to 50%, and the…
Cîțu: Excise tax cut on fuel is no longer on the table of the governing coalition
The president of PNL, Florin Cîţu, declared on Tuesday that the reduction of the excise tax on fuel is no…
Minister: Starting this year, we will have an additional 1 billion cm of gas
Romania will have natural gas from other sources next winter, including from the Black Sea, and starting this year we…
Bulgaria-Greece pipeline will receive the first Azerbaijani gas molecule in September
Bulgarian Prime Minister Kiril Petkov says the Bulgaria-Greece gas pipeline will be up and running in September, according to BTA.…
Romgaz approved the takeover of the Neptune Deep perimeter from Exxon
Romgaz’ Board of Directors has approved the 1.06 billion dollars deal to take over the Neptune Deep field from ExxonMobil.…
We launch the 34th edition of the Energynomics Magazine, on March 23rd, at the 2022 Spring Cocktail!
The 34th edition of Energynomics Magazine will be released on March 23rd, at the 2022 Spring Cocktail! This edition will…
World’s biggest oilfield contractors are quitting future Russia works
The world’s three biggest oilfield service providers are halting future work in Russia, in response to President Vladimir Putin’s invasion…
Rutte: EU cannot immediately stop importing crude oil and gas from Russia
EU member states are still largely dependent on Russian oil and gas for their energy supplies, and imports of these…
Bulgaria will not renew its Gazprom contract
Bulgaria will not renew its current gas supply contract with Russian group Gazprom in the context of the Ukrainian war,…
Energy price quadruples in February
The price of electricity on the spot market of the OPCOM exchange (Day Ahead Market – DAM) averaged 932 lei…
EU is considering a possible embargo on Russian oil, but states have different positions
Governments in EU member states will consider a possible embargo on Russian oil as European leaders meet this week with…
Government approves ordinance on capping and overtaxing, sharply criticized by opposition
The Romanian government is approving, today, the ordinance which provides for the capping of energy and gas prices for one…
Romanian Association of Alternative Fuels (ARCA) supports the transition focused on CNG, LNG and hydrogen
The Romanian Association of Alternative Fuels (ARCA), established on Thursday, March 17, at the initiative of several organizations and companies,…
Gas producers will be obliged to sell at a price set by the Government the quantities resulting from domestic production
Natural gas producers will be obliged to sell at a price set by the Government the quantities of gas resulting…
Natural gas suppliers, obliged to make stocks in depots, between April 1 and October 31
Natural gas suppliers will have the obligation, between April 1 and October 31, 2022, to establish in the underground natural…
EU summit draft backs urgent refilling of gas stores for next winter
European Union countries should immediately start refilling their gas stores to prepare for next winter and provide a buffer against…
Nagy-Bege: Prices have risen 2-3 times, energy efficiency has new meaning
Energy consumers will be helped from the state budget from April 1, but from next year they should reduce their…