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…
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…