Restart Energy exits natural gas supply, to focus on electricity and renewables
Restart Energy, one of the largest independent electricity suppliers in the local market with a portfolio of around 50,000 customers,…
More than 700 German companies call for next government to cut fossil fuel subsidies
More than 700 companiess are demanding an end to fossil fuel subsidies in Germany in an effort to boost fairer…
Serinus Energy: The tax regime discourages investment in the oil and gas industry
Romania needs all the natural gas it can reach. It is not a question of better budgets, anymore, neither it…
Adrian Vasilescu: Central banks cannot influence energy and gas prices
Electricity, fuels and natural gas worldwide are considered products whose prices are not influenced by monetary policy and if a…
EC launches new investigations into price manipulation of electricity, natural gas and carbon dioxide certificates
The European Commission is investigating whether some companies have violated competition law, which would have led to an increase in…
Electricity and natural gas have become most expensive during the last year
Electricity, natural gas, fuel and edible oil prices have risen the most in the last year, and October is the…
Conpet tariffs could increase by more than 16% in 2022
The tariffs charged by Conpet for the transport of crude oil, gasoline, condensate and ethane could be increased by 16.44%…
Government approves Dacian Petroleum to take over 40 fields from OMV Petrom
The Government approved the transfer of the rights and obligations related to a number of 40 oil concession agreements, regarding…
Chimcomplex bought several assets from CET Govora, prepares investments
Chimcomplex will pay 8.2 million euros for a package of assets put up for auction by CET Govora, a company…
AFEER: Prices stabilize after increases in the last quarter
Baseload energy quotations for 2022 recorded on November 8 reached 118 euro/MWh in Germany, 128 euro/MWh in Hungary and Romania,…
Gazprom confirms it will inject gas into European storage units, following Putin’s promise
Gazprom confirmed on Tuesday that it will inject natural gas into five European underground storage facilities this month, following an…
ANRE fines the electricity and gas distributors with about 2.3 million lei
The National Energy Regulatory Authority (ANRE) imposed contravention fines on electricity and natural gas distribution operators in a total amount…
EU gas, power jump as higher Russian flows fail to materialize
European gas and power prices surged on signs Russia won’t deliver the boost in supplies President Vladimir Putin promised. At…
Large companies fear that they will not receive the money on time to offset the bills
Electricity and gas suppliers do not know how they will recover their money from state to offset the bills, which…
Turcan: More than 500,000 applications have been submitted for heating aid and energy supplement
More than 500,000 applications for heating aid in the cold season and for the energy supplement granted by the Vulnerable…
MOL: Upstream and Petrochemical segments boosted Q3 results, but global market turmoil generates unpredictability
Today, MOL Group announced its financial results for the third quarter of 2021, according to a release received by Energynomics.ro.…
The spot gas price has halved in the last month on BRM
The average spot price of gas traded on the Romanian Commodity Exchange (BRM) fell below 300 lei/MWh for the first…
Romgaz is convening shareholders to approve the $1 bln. deal with Exxon
Romgaz convenes, on December 9 and 10, the Ordinary and Extraordinary General Meetings of Shareholders to approve the transaction regarding…
Gazprom’s gas exports to Romania almost tripled in the first 10 months
Gazprom’s natural gas exports outside the former USSR increased by 10.4% annually, to 158.8 billion cubic meters in the first…
FPPG: The natural gas in the Black Sea is the only solution for Romanian energy security
The natural gas in the Black Sea is the only solution for Romania to secure its access to energy, affirms…
OMV Petrom – net profit up 103% at nine months
OMV Petrom Group reported in the first nine months a net profit of 1.68 billion lei, 103% higher than in…
Putin orders more gas for Europe for next month, sending down price
President Vladimir Putin ordered Gazprom PJSC to start refilling its European gas-storage facilities next month, sending prices lower as long-awaited…
EU climate and infrastructure agency admits end of fossil fuel projects still far away
The director of CINEA, a recently established EU agency managing €55 billion in EU funding for clean energy and transport,…