E.ON to invest €27 billion in energy transition until 2026
E.ON plans to significantly increase the pace of its businesses’ growth and digitalization. With the growth strategy until 2026 presented…
Andrei Spinu: The Government of the Republic of Moldova is negotiating to guarantee the delivery of Russian gas
Moldova’s Deputy Prime Minister Andrei Spinu promised on Tuesday that Moldova’s residents would not run out of natural gas, although…
US throws in the market more oil to control prices
The US will release 50 million barrels of oil from the strategic reserve in a concerted action with China, Japan,…
Verchere: Efficient Romania is the largest private project of national interest
The Efficient Romania Program is the largest private project of national interest, said today Christina Verchere, CEO of OMV Petrom,…
Auchan Romania and OMV Petrom have opened 100 MyAuchan stores in Petrom stations
Auchan Retail Romania and OMV Petrom continue the process of integrating the MyAuchan convenience stores into the existing commercial spaces…
Engie: Decision to give up Ultimate Supplier (FUI) status does not affect 1.9 million customer portfolio
Engie’s decision to relinquish its status as a Supplier of Last resort (FUI) does not affect the portfolio of 1.9…
Garza, Premier Energy: Next year will be difficult for everyone; more gas suppliers will go bankrupt
Next year will be difficult for everyone and there will be more small suppliers that will give up this business…
EC includes BRUA 2 on the fifth list of projects of common interest
European Commission adopted on Friday the fifth list of Projects of Common Interest in the field of trans-European energy infrastructure,…
Armand Domuță confirms: The 18,000 Restart customers in the gas segment will switch to FUI mode on Friday
The 18,000 customers in the gas supply segment of Restart Energy will become, starting Friday, November 19, customers in the…
Virgil Popescu: The natural gas crisis is an artificial crisis, created by the Russian Federation, through Gazprom
The natural gas crisis is artificially created by the Russian Federation, through Gazprom, and I believe that a common front…
Romgaz will complete in the Q1 of 2022 the transaction with Exxon for taking over the Neptun Deep stake
Romgaz will sign the contract with Exxon to take over the 50% stake in Neptun Deep Black Sea gas field…
V. Popescu: The norms of the Ceiling Law are ready, the law could be corrected by GEO in January
The norms of the Ceiling Law, 259/2021, are ready and will be published on the website of the Ministry of…
Chisăliță: We could lose 25-30 active gas suppliers, prices will increase, the FUI system will be speculated
The law on capping energy and gas prices has already led to some speculation in the gas segment, prices have…
ANRE: Gas suppliers that want to give up the licenses must first solve customers’ issue
Gas suppliers can no longer give up their license if they do not solve the problem of their customers first,…
Engie notified ANRE of the waiver of the status of supplier of last resort
Engie Romania notified the National Energy Regulatory Authority (ANRE) at the end of October regarding the waiver of the status…
IEA: Rising oil prices will slow as supplies rise
The growth momentum in the oil market could slow down, as prices that have reached the highest level in the…
Germany suspends the Nord Stream 2 pipeline certification procedure
The German Federal Network Agency (Bundesnetzagentur, BNetzA) announced on Tuesday the suspension of the approval procedure for Nord Stream 2,…
Alexandru Maximescu (OMV Petrom): Gas resources are needed for the energy transition in Europe
OMV Petrom is a traditional O&G producer, but it is also looking towards the future, said Alexandru Maximescu, the Director…
Rompetrol Rafinare, growing results in the first 9 months of 2021
Rompetrol Rafinare, a member company of the KMG International Group, recorded increasing financial results in the first nine months of…
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…