Aleksandr Novak: Russia will resume gas transit through Ukraine in 2024
Russia could transport gas again through Ukraine after 2024 if favorable economic conditions exist and the Ukrainian network is in…
OPEC+ is not responding to US demands to increase oil production
The OPEC+ group (composed of the Organization of the Petroleum Exporting States and other major producers) has resisted calls from…
Intelligent Energy Association: Only 10% of gas consumers will receive compensation this winter
Only 10% of gas consumers will receive compensated bills this winter and 15% of electricity consumers will benefit from a…
South Africa: Court suspends seismic exploration of Shell – unprecedented victory for greens
A Shell project involving a ten-second shock wave in the ocean to search for oil and gas off one of…
Gas prices continue their downward trend in Europe
The reference price for natural gas in Europe continued to fall on Tuesday, recording the longest period of decline in…
Romania’s crude oil imports fell 0.9% in the first ten months of 2021
Romania imported, in the first ten months of 2021, a quantity of crude oil of over 5.513 million tons of…
Competition authorizes the takeover of part of Schlumberger by GSP
Competition Council authorized the transaction through which the company Forasol, a member of the GSP Group – controlled by Gabriel…
Gas imports increased by more than 68% in the first ten months
Romania imported, in the first ten months of 2021, a quantity of usable natural gas of 2.283 million tons of…
CE Oltenia joins HENRO, the Electricity Producers Association
A few months after its establishment, the Electricity Producers Association – HENRO increases its membership by joining the Oltenia Energy…
Transgaz readies a JV with a multinational investment fund for hydrogen projects worth hundreds of millions of euro
The operator of Romania’s natural gas transmission system, Transgaz, wants to partner with the Investment Fund of the Three Seas…
Poland will cut VAT on fuels to 8% to mitigate the impact of rising inflation
Poland wants the European Union to allow it to reduce VAT on fuels to mitigate the impact of rising prices,…
Putin: Russia is not to blame for high gas prices in Europe
Russian President Vladimir Putin said on Thursday that it was unfair for Moscow to be blamed for record prices for…
Rising energy prices are causing major losses to large European producers
The continuous rise in energy prices in Europe exposes the region’s largest consumers of gas and electricity to significant losses,…
Minister of Energy: The first company fined by ANPC for not compensating consumers’ bills
The Gaz Vest supplier from Bihor did not compensate the bill for consumers and was fined 50,000 lei (10,000 euro)…
OMV Petrom: Employee remuneration is at competitive levels for the relevant oil and gas industry
The remuneration of OMV Petrom employees is at competitive levels for the relevant oil and gas industry and includes fixed…
RIGC 2021: Black Sea Resources, essential for energy security and the green transition in Romania
The resources discovered in the Black Sea offer Romania the chance to become the main producer of natural gas in…
We celebrated the winners of the 9th edition of the Energynomics Awards Gala!
Over 120 representatives of the Romanian energy community celebrated the performance of the industry at the 9th edition of the…
European gas prices surge. Why and for how long?
Dutch TTF gas futures are seen as a Europe-wide natural gas benchmark. They reached 96.65 euros per megawatt hour (euro/MWh)…
Large-scale capping and compensation
The price of gas in suppliers’ offers for household consumers in Romania increased over 4-fold during September 2019 – November…
FPPG: Changes to the offshore law and the Neptune Deep project are paramount
Changes to the offshore law and facilitating the Black Sea projects are paramount, and it seems that the Romanian Parliament…
European gas prices fell sharply after Russia reserved new capacity
Reference prices for natural gas in Europe fell on Friday, after Russia reserved, at the last minute, new capacity to…
Nord Stream 2 will not be licensed until mid-2022
No decision on the authorization of the Nord Stream 2 gas pipeline is expected before mid-2022, the German energy regulator…
Chimcomplex will submit an offer to purchase Rompetrol early next year
Chimcomplex announces the completion of preliminary studies and the inclusion of the opportunity to develop partnerships and acquire Rompetrol (KMG…