CE Oltenia will be restructured with OMV Petrom and Tinmar Energy; a new call for investors is scheduled for February
The Oltenia Energy Complex is in negotiations with the companies with which it will partner for the construction of photovoltaic…
Verchere: High gas prices are not reflected in profit, with a tax rate of 47%
High gas prices are not reflected in OMV Petrom’s results due to extremely high taxation – in 2021, the effective…
Romania, from a possible regional hub to a country of energy subsistence
The Romanian energy system is in a state of “subsistence”, says Dumitru Chisăliță, president of the Intelligent Energy Association. Thus,…
Bogdan Aurescu: Gas crisis in Moldova – case study for Russia’s hybrid war
Bogdan Aurescu, the Romanian Foreign Minister, spoke in a CNN interview about the natural gas crisis in the Republic of…
Franck Neel: Gas and electricity prices will fall this year
OMV Petrom expects a drop in gas and electricity prices starting next summer, but not at the levels of previous…
OMV Petrom has planned investments of 4 billion lei in 2022
In the fourth quarter of 2021, demand for OMV Petrom products has already returned to pre-pandemic levels. Against this background,…
PKN ORLEN to invest 1.6 billion euros in hydrogen by 2030
Poland’s energy group PKN ORLEN will spend 7.4 billion zlotys [1.6 billion euros] by 2030 on low- and zero-carbon hydrogen…
Cristian Păun: The incompetence and ignorance of politicians, to blame for the current energy situation
To accuse the market and liberalization of the current situation in energy and gas betrays an acute lack of logic…
EC: Debate on the inclusion of gas and nuclear in the taxonomy
The European Commission on Wednesday debated the proposal to classify nuclear energy and gas as green sources of energy transition,…
Europe, the main destination for LNG from the US, for the second month in a row
Europe remained the main destination for liquefied natural gas (LNG) deliveries from the United States last month, according to Refinitiv…
Over 345 million lei for energy projects – contracts signed in POIM
The Ministry of European Investments and Projects (MIPE) signed, in January 2022, 6 financing contracts worth over 345 million lei,…
ACUE sends a harsh alarm signal to the Government, suppliers are also afraid of overtaxation
The Federation of Associations of Energy Utility Companies (ACUE) warns that significant deterioration in the financial position of energy suppliers…
AEI: Romania should exploit shale gas, we need a strategy and correct information of citizens
The price of gas has risen, making shale gas exploitation profitable, and Romania has a huge chance to increase its…
Eurostat: Fossil fuels have continued their downward trend in the 2020 mix
Although oil (34.5%) and natural gas (23.7%) were still the most important energy source in the EU’s energy mix in…
Enel recalculates the compensated invoices; consumers could receive back less than 10 lei, on average
Enel recalculates the already compensated invoices, so as to reflect the last normative acts approved at the end of last…
Competition authorizes the takeover of Ecoenergia by Premier Energy
The Competition Council authorized the transaction by which Premier Energy PLC, Cyprus, takes over the wind energy producer Ecoenergia SRL,…
New scheme for offsetting and capping electricity and gas bills came into force
The new scheme designed by the Government to offset and cap electricity and gas bills by March 31, for both…
IEA: Gas demand in Europe is set to fall this year
Gas demand in Europe is set to fall this year as high prices make coal more competitive for energy production,…
ICGB will auction the free capacity of the IGB pipeline via the PRISMA platform
The project company ICGB, responsible for the implementation of the interconnector Greece-Bulgaria signed a contract with PRISMA European Capacity Platform…
OPCOM: The price of energy was four times higher than in the previous year in December
The price of electricity on the spot market of the OPCOM exchange (Day Ahead Market – DAM) averaged to 1,139…
ANPC requires energy suppliers to present the clearer information to consumers
Energy consumers must understand what a reference consumption means, and in this sense suppliers should transmit information, through the first…
Gazprom: Gas volume in European deposits fell by almost 27% as compared to 2021
Less than a fifth of the volume of gas pumped in the summer season is now filling the European underground…
AFEER: New law pushes suppliers to new losses, insolvency and bankruptcy
Energy suppliers will suffer losses from the preparation of invoices, as the price set by the new capping ordinance is…