Virgil Popescu: Energy resources must not be used as blackmail weapons
Romania supports the development of the Southern Gas Corridor and the partnership with Turkey in order to diversify supply routes,…
Gazprom: Gas exports will continue according to Russian regulations
Russia’s gas exports will continue according to Russian regulations, Gazprom announced, adding that customer notification began on Friday, following Moscow’s…
Transgaz, Nuclearelectrica and Romgaz will transfer only 50% of dividends, investments are prioritized
After Nuclearelectrica and Romgaz, the Government decided to exempt Transgaz from paying 90% dividends. Thus, 50% dividends will be paid…
Beacom: BSOG will begin extracting gas from the Black Sea in the second quarter
Black Sea Oil & Gas (BSOG) will begin extracting offshore natural gas in the second quarter of this year, later…
Popescu: In order to reduce dependence on the Russian Federation, we need to complete the interconnections
The reduction of the dependence on the Russian Federation can be achieved faster if we hasten the completion of the…
Romgaz obtains a 325 mln. euro loan from Raiffeisen for the acquisition of Neptun Deep
Romgaz has signed a financing agreement worth 325 million euro with Raiffeisen Bank, for the partial financing of the acquisition…
Germany is activating the emergency plan to guarantee gas supplies
Germany on Wednesday activated the first phase of the emergency plan to guarantee the supply of natural gas, in the…
Poland urges EU to introduce tax on oil imports from Russia
Polish Prime Minister Mateusz Morawiecki on Wednesday urged the European Union (EU) to introduce a tax on hydrocarbon imports from…
Capping energy tariffs will have a positive impact on consumers
The capping of energy tariffs will certainly have a positive impact on consumers during the application period, but the effect…
Energy and gas price cap, in effect from April 1
The new emergency ordinance that aims to cap the prices of electricity and natural gas for a period of 12…
A new gas pipeline between Turkey and Israel – the possibility of reducing dependence on Russia
A gas pipeline between Turkey and Israel is being discussed as one of Europe’s alternatives to Russian deliveries, but government…
EU Commissioner for Economy: If Russia cuts off gas supplies, we are ready to face the decision
The payment of Russian gas in rubles means a breach of existing contracts, and if Russia decides to suspend deliveries,…
The price of gas has dropped below 400 lei/MWh at RCE; there are declines in Europe too
The extremely hot weather of the last days has alleviated the pressure of international uncertainties on the spot price of…
Paying for Russian gas in roubles is ‘unacceptable’, says G7
German Economy Minister Robert Habeck says the Group of Seven has called “on the companies concerned not to comply with…
Hungarian FGSZ is eager to cooperate with Transgaz in the field of hydrogen
Both natural gas and nuclear energy constitute an important pillar of Hungarian security of supply, says Ferencz I. Szabolcs –…
BSOG will add renewables and hydrogen to gas
The safest and most valuable source of gas for the country is the Romanian offshore, and if projects in the…
Price capping: Small suppliers will have the biggest problems, ”there are great efforts, even desperate, to find money” – sources
The majority of suppliers received only the part of the settlement related to the Ceiling Law for domestic consumers, from…
Energy traders are not ultimately taxed, as the Government originally wanted
Electricity traders are not overtaxed, according to the GEO with the new measures in the energy and gas markets for…
Neptune Deep Project is nearing completion
Romgaz’s Board of Directors approved the conclusion of the sale-purchase contract of all shares issued by ExxonMobil Exploration and Production…
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…