EU gives Moldova EUR 60 million over Russia gas row
The European Union on Wednesday (27 October) said it was giving Moldova EUR 60 million to help cope with a…
Colterm is still looking for suppliers, the situation in Timisoara remains unsolved
Although, initially, the heating company in Timișoara had managed to convince, with the help of the Ministry of Energy, a…
Elcen buys gas from Romgaz worth 2.1 billion lei, for next year
Romgaz has concluded with Electrocentrale Bucureşti an additional act to the contract for the sale – purchase of natural gas…
AFEER: The financing effort is very big, the scheme is very complicated and bureaucratic
The solutions adopted, especially those regarding the price cap, establish additional efforts, both financial and administrative, on the part of…
ACUE: The bill offset and capping mechanisms are complex and discriminatory
The mechanism adopted by the authorities in response to soaring energy prices is complex and “it generates unpredictability both to…
Popescu: Exxon-Romgaz agreement, an important step for energy security
The agreement between Romgaz and ExxonMobil regarding the acquisition of the American company’s participation in the Black Sea gas reserves…
Russia aims for a 60% lower European gas price
Russia wants the price of gas on the European market, its main customer, to fall by 60% from the current…
R. Moldova buys natural gas from the Netherlands, after to the contract with Poland
Republic of Moldova concluded on Tuesday with the Dutch company Vitol a contract for the acquisition of natural gas, the…
Virgil Popescu: Romanians will not pay more than in December 2020 for energy bills
Romanians will not pay more than in December 2020 for energy bills due to the price cap and the bill…
EU renewables surpassed fossil sources for the first time last year
European Commission on Tuesday adopted reports on the state of the energy union in 2021, which assess the EU’s progress…
Dănescu, ARB: Energy price crisis could have been diminished if it would have been a communication between decision makers and the business environment
Energy price crisis could have been at least diminished if there it would have been a communication between decision makers…
Fossil energy producers will no longer be overtaxed
The dismissed Minister of Energy, Virgil Popescu, said that he proposed the exemption from overtaxation of energy producers whose source…
EY: A new type of consumer appears, involved and sophisticated, who assumes a leading role in the energy transition
The storm created by government policies, consumption trends and technology is accelerating the energy transition, but while most debates focus…
Oil could hit $100 a barrel this winter
Market participants speculate that oil could reach $100 a barrel in the winter and that natural gas prices, currently around…
MoF ordered an intensification of investigations into energy market distortions
Minister of Finance Dan Vîlceanu ordered the intensification of “analyzes regarding possible market distortions in the field of energy, in…
Gas imports increased by 56% in the first eight months of 2021
Romania imported, in the first eight months of 2021, a quantity of usable natural gas of 1.908 million tons of…
Dan-Dragoș Drăgan: Romgaz and Exxon deal will be completed this year
The result of the negotiations between Romgaz and Exxon Mobil in order to take over by the largest domestic gas…
Natural gas price drops in Europe thanks to favorable weather forecasts
Natural gas reference prices in Europe fell on Tuesday, thanks to forecasts showing favorable weather conditions and wind intensifications, which…
Beacom: Romania could have avoided natural gas price spike if it had responsible development in the Black Sea
There is a temporary price peak at the level of natural gas, but this could have been totally avoided if…
Popa, BNR: It is ironic and sad that the state does not create the legal and fiscal framework for offshore gas exploitation
Romania has vast energy resources but the state does not allow their exploitation, says Cristian Popa, member of the Board…
Gazprom’s gas exports are close to a new record-high
Gazprom’s gas supplies to countries outside the CIS (Commonwealth of Independent States) increased by 13.1% between January 1 and October…
CEZ Group Director: Electricity and gas prices will rise significantly in 2022
CEZ Group Director Daniel Benes estimates that the price of electricity in the Czech Republic will increase by about a…
C. Athanasovici, Kawasaki: In the medium term, the energy mix will be based on gas, in addition to renewables
Kawasaki, a global manufacturer of energy equipment, is present in Europe mainly through the division that produces gas turbines and…