PwC: Cutting VAT to 5% would lead to a invoice decrease of about 12%
The accelerating rise in energy prices in recent months and the impact of the war in Ukraine require EU member…
Government announces sanctions for rising fuel prices
The responsible institutions will be firm in the checks they have to make in connection with the increase in fuel…
Gas prices have fallen by 10% in Europe, with Russian deliveries running normally
Reference prices for natural gas in Europe fell by as much as 10% on Thursday, while Russian gas supplies to…
UNTRR calls on the government to take urgent action to curb rising fuel prices
The National Union of Road Transporters of Romania (UNTRR) calls on the Government to take urgent measures to limit the…
It’s official: We reopen the coal, 600 miners will be hired; offshore law ready
The president of PNL, Florin Cîţu, said today that Romania already has alternative sources to the fuels from Russia to…
Gasoline and diesel price exceeds 8 lei
Today, at the pumps in Bucharest, the price of gasoline and diesel has reached almost 8 lei and 30 bani,…
Depogaz: Auction for projects to increase storage capacity
Depogaz has put out to tender two projects to increase the capacity for storage, extraction and injection of natural gas…
US exporters of liquefied gas, the main winners of the energy crisis in Europe
US liquefied natural gas (LNG) exporters have become the main winners of Europe’s gas supply crisis, with February being the…
US announces ban on oil imports from Russia
US President Joe Biden has announced a ban on imports of oil and energy from Russia in response to the…
EU drafts plan to ditch Russian gas
Europe needs to build up its renewable energy capacity and diversify its gas supply to end its dependency on Russian…
Fuel prices exceeded 8 lei per liter in Romania and 2 euro in Germany
The price of fuels in Romania has recently exceeded the threshold of 8 lei per liter, according to data analyzed…
EC allows the regulation of energy and gas prices
The European Commission confirms that, in this exceptional situation, Member States can regulate retail prices for electricity and gas for…
Russia warns that a barrel of oil could exceed $300 in the event of a joint embargo
Oil prices could rise to more than $300 a barrel if the United States and the European Union ban oil…
Bulgaria could request an exemption from any EU sanctions on imports of gas and oil from Russia
Prime Minister Kiril Petkov said on Monday that Bulgaria supports sanctions against Russia as a means of stopping the invasion…
Energy and natural gas prices exceed all expectations, both in Romania and in Europe
The price of natural gas reached a new all-time high on the European market on Monday morning, after the US…
Chisăliță: The free gas connection program must be stopped, because it leads to price increases for everyone
Authorities should stop the program of free connection of Romanian consumers to the gas network, as this leads to higher…
Virgil Popescu: We are looking at all the possibilities of gas supply; we will not have problems
Romania is looking at absolutely all gas supply possibilities, and Azerbaijan is certainly a source and a natural gas supply…
ENGIE: Stopping energy imports from Russia would affect supply next winter
Any decision to stop energy imports from Russia in retaliation for Moscow’s invasion of Ukraine will affect France’s and Europe’s…
OMV joins large energy companies and withdraws from Russia
The Austrian group OMV announced on Saturday that it is withdrawing from Russia, being the latest energy company to make…
Blinken says US is working with European allies to look at ‘prospect’ of banning Russian oil imports
UPDATE WTI crude futures jumped to their highest levels since 2008 early on Monday, amid the risk of a Western…
IEA: 10 measures the EU should adopt to reduce Russian gas dependency
The International Energy Agency has presented the EU with 10 measures to reduce its dependence on Russian natural gas within…
Petromidia refinery – scheduled technological shutdown
Rompetrol Rafinare, member company of the KMG International Group (KMGI), will suspend the operational activity of the Petromidia Năvodari refinery,…
Dragoș Bărbulescu joins the CEZ Romania team
Starting with March 2022, Dragoș Bărbulescu holds the position of CFO and Member of the Management Board within CEZ Romania.…