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,…
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…