Romgaz reported a net profit of 941 million lei in nine months, down 20%
Romgaz Group registered in the first 9 months of 2020 a turnover of 2.9 billion lei, down by 23.01%, respectively…
Romgaz could enter foreclosure procedures for not paying dividends to the state
Romgaz estimates that it may enter enter foreclosure procedures by the National Agency for Fiscal Administration (ANAF) for not paying…
ANRE has approved the regulation by which consumers are connected without initial costs to the gas network
The National Energy Regulatory Authority (ANRE) has approved the regulation that obliges distributors to finance the network connection works to…
Competition greenlights Rompetrol to take over nine gas stations from Comision Trade
Competition Council has authorized the transaction through which Rompetrol Downstream takes over the right of use over nine fuel distribution…
Orban: Transgaz has planned investments worth 1.1 bln. euro for this year
Transgaz has investment projects worth 1.1 billion euro for this year, aimed at achieving not only objectives of national interest,…
Less than 40% of schools are connected to the natural gas network – Efficient Romania
1,874 schools (16% of the 11,571 which reported their status on access to utilities) do not have running water in…
Verchere: OMV Petrom continues to support the Efficient Romania program until 2022
OMV Petrom will continue to support the Efficient Romania program until 2022, said Christina Verchere, CEO of the company, during…
Lukoil gives up its participation in the Trident perimeter in the Black Sea
Adrian Volintiru, Romgaz’s general manager, told G4Media.ro that Lukoil wants to sell its stake in the EX-30-Trident perimeter in the…
Oil demand will be affected by new restrictions in Europe
New restrictions imposed in Europe to stop the spread of the coronavirus pandemic (COVID-19) will reduce the outlook for global…
Energy leaders to discuss the future of the energy industry at Budapest Energy Summit (December 1st)
The region’s leading energy conference will focus on the transformation of the energy industry. On 1 December the leader of…
Intelligent Energy Association: The risks of “free connection” to the gas distribution network
Europe’s transformation into the first climate neutral continent by 2050 is the greatest challenge of our times. The Green Deal,…
Gal, ANRM: Investment needed in Black Sea gas projects, worth USD 6-7 bln
The Black Sea may become a small North Sea, as there are more than 200 billion cubic meters of gas…
MOL Group Q3 EBITDA bounced back despite the crisis
MOL Group announced its financial results for the third quarter of 2020. During the pandemic and economic crises, Clean CCS…
Romgaz received a new tranche, of 115 million lei, for the Iernut Power Plant
Bogdan Tudorache Romgaz received the second tranche, of 115 million lei, out of the total of 320 million provided for…
Greenpeace demands the exclusion of fossil fuels from funding
Bogdan Tudorache During this period, the European Parliament is discussing how public money will be used to recover from the…
Drăgan: Exploitation of the Neptun Deep project must begin by 2025
The Romanian government wants gas extraction from the Neptun Deep offshore field to begin by 2025 and is preparing a…
ASF is analyzing the request of BRM to launch derivative natural gas contracts
The Financial Supervisory Authority (ASF) has not yet issued the necessary approval to the Romanian Commodity Exchange (BRM) to launch…
Gas will continue to be an important commodity for the next decades
Globally, and in the EU in particular, there is a very strong push in limitation the use of natural gas…
Shahrad Adjili: Kawasaki bets on cogeneration and hydrogen
After the Fukushima incident, hydrogen became the only sustainable way for Japan’s energy security. Thus, Japanese companies were called by…
Florin Frunză, MET Romania Energy: Gas remains the main transition solution for Romania
“Romania still has many opportunities for the gas market, and with the coal phase-out, gas is still the transition solution…
Mihaela Toader, Romgaz: Technological neutrality must prevail
Romgaz is currently adjusting its investment strategy to take into account the new environmental policies decided in Brussels, said Mihaela…
EU set to deny gas power plants a green investment label
Power plants fuelled by natural gas will not be classed as a sustainable investment in Europe, unless they meet an…
Gazprom has taken over most of Bulgarian gas transit pipelines
Gazprom has taken over the most important border points of Bulgarian transit pipelines, without having to pay billions of euros…