OMV Petrom plans to invest 11 bln. euro by 2030, as part of a new strategy
OMV Petrom will invest 11 billion euro by 2030 to reduce carbon emissions, this being the largest private investment plan…
Romania will increase its gas storage capacity to over 4 bln. cubic meters
Romania plans to increase gas storage capacity to more than 4 billion cubic meters, from 3 billion at present, Energy…
Capping bills will cost the state budget at least 4 bln. lei
Romanian Government wants to allocate 4 billion lei next year to offset and cap energy bills for domestic and industrial…
Azomureş will carry out the revision planned for next summer this winter
Azomureş made the decision to move this winter the revision that was planned for next summer, in the context in…
Omicron variant contributes to lowering the price of oil
Crude oil prices fell by 15% in a single session, with investors anticipating new restrictions with the advent of the…
Gazprom is in no hurry to get approvals for Nord Stream 2, in the context of high gas prices
Gazprom’s record profit in the third quarter of this year due to high gas prices on the European market means…
Gazprom’s gas exports to Romania slow down, but remain at a record high
Gazprom’s natural gas exports outside the CIS countires increased by 6.6% year-on-year to 171.5 billion cubic meters in the first…
Delgaz Grid launches the Imobot app, which reduces grid connection time
Through Imobot, the first software robot developed for Delgaz Grid, the company takes an important step in optimizing the process…
KMG negotiates with PKN Orlen for a stake in Rompetrol
Kazakh oil group KMG is in negotiations with the Polish company PKN Orlen for the sale of a stake in…
Petrom has built 40 well gas-fired micro power plants
Petrom recently opened two small “gas to power” power plants and thus reached 40 such units, which provide about 65%…
Gazprom announces record profit amid rising gas prices
Gazprom announced on Monday a record net profit of 581.8 billion rubles ($ 7.8 billion) in the third quarter of…
Europe’s energy crisis will worsen as winter approaches (Bloomberg analysis)
Energy prices in Europe posted record after record even before winter came, and this crisis will worsen as temperatures begin…
Polish PM: Nord Stream 2 Gas Pipeline, Russia’s blackmail tool against Ukraine and the Republic of Moldova
Polish Prime Minister Mateusz Morawiecki has expressed hope that the future German government will change its position on the disputed…
MoldovaGaz paid Gazprom the amounts due for the gas delivered to the Republic of Moldova
MoldovaGaz announced on Friday that it has transferred to the Russian group Gazprom the amounts due for the gas delivered…
Gazprom will increase its investments in 2022 to $24 billion
Gazprom announced on Thursday that its management team has approved an investment program worth 1,760 billion rubles ($24 billion) for…
MOL invests 28 mln. euro in new service stations located on the A1 and A2 motorways
MOL Romania has started the preparations for the construction works for six of the 14 service stations it is to…
Enel will cut investments in Romania, if the authorities do not change the measures to compensate and cap the invoices
The measures to compensate and cap energy bills, adopted by Romania, are incorrect, create instability and discourage investors, so that…
Transgaz pilot project on hydrogen injection into transport pipeline – first details
A film made by Transgaz presents the first information about the company’s pilot project on hydrogen injection in natural gas…
OMV Petrom launches a new project for the development of digital skills of employees
OMV Petrom has launched a project to develop employees’ digital skills, “Digital Training Skill”, worth 2 million lei, co-financed by…
Virgil Popescu: I categorically deny that there will be problems with gas in winter, someone is trying to raise the price with these rumors
There is no risk regarding the gas supply in winter, this being just a rumor that appears periodically to increase…
ANRE: High risk of blockage in the gas market, another 30,000 consumers will be abandoned by their suppliers
The risk of blockages in the gas market is quite high and three other suppliers are preparing to abandon a…
Chisăliță: Romania will not be able to cover its gas consumption in February
Romania will not be able to cover 20% of its gas consumption in February, according to Transgaz data, Dumitru Chisalita,…
UK’s Bulb to go into administration as funding talks collapse
Britain’s Bulb expects to appoint administrators shortly, as it became the biggest UK energy supplier to be driven into financial…