Gas market liberalization: Only 17% of current suppliers have not informed their customers
At 10 days after the notification of public opinion by the Intelligent Energy Association, regarding the behavior of suppliers not…
ANRE allows gas and electricity network operators to postpone mandatory investments in networks
The electricity and natural gas distribution companies, as well as the two operators of the national transmission systems received from…
FPPG: Recovery of the oil and gas sector, a joint effort of the state and industry
The oil and gas industry recognizes the shared responsibility in managing the health crisis and is ready to contribute in…
Rompetrol, growing retail activities in the first four months of 2020
KMG International Group continued for the first four months of the year to consolidate and develop its retail activities in…
ANRE amends the Regulation for measuring the quantities of natural gas traded in Romania
The National Energy Regulatory Authority (ANRE) approved on Wednesday amendments to the Regulation for measuring the quantities of natural gas…
An Oil Terminal shareholder is requesting an extension of the talks on the capital increase
Oil Terminal (OIL) received the request of Dumitrescu Valentin Sebastian, a shareholder holding 16.73% of the company’s shares, to complete…
Rompetrol Rafinare states that it is the owner of the contaminated land from Vadu, but not the source of the pollution
Rompetrol Rafinare is the owner of the land in Vadu affected by hydrocarbon pollution, but not the source of contamination,…
Delgaz Grid operators will continue to be in the field, public activities are carried out exclusively online and by phone
Delgaz Grid teams will be on the ground to provide natural gas and electricity to the over 3 million customers,…
Romgaz will invest 16.7 billion lei over the next five years
Romgaz shares are on an upward trend, after the company published the Development and Investment Strategy for the period 2020-2025,…
Bulgaria plans state company to manage fuel storage and trade
Bulgaria plans to set up a state-owned company to manage oil and fuel reserves and build petrol filling stations across…
MOL Romania supports the Partnership Foundation with 100,000 euro
MOL Romania supports the efforts to combat the new coronavirus made by the Partnership Foundation by granting 100,000 euro for…
EC: Public consultation on the trans-European energy infrastructure
The European Commission has launched on May 18th a public consultation to seek input on the revision of the Regulation…
Romgaz’s turnover decreased by 16.5% in Q1, profit increased
The Romgaz Group registered in the first quarter of 2020 (Q1) a turnover of 1,430.3 million lei, decreasing by 16.51%,…
Gas imports fell by 6.2% in the first quarter of 2020, and production decreased by 3%
Romania imported, in the first three months of 2020, a quantity of usable natural gas of 629,600 tons of oil…
Vlăsceanu, ACUE: The liberalization of the gas market will bring with it a diversification of the suppliers’ offer
The liberalization of the gas market from 1 July is joined by the obligation for the producers to sell as…
Rompetrol Rafinare, financial results influenced by the volatility in the oil and gas market, in Q1
The first quarter (Q1) of 2020 was marked by sharp declines in the oil and gas market, driven by restrictive…
OMV Petrom and Romgaz, forced to sell 30% of the domestic production in the centralized markets
OMV Petrom and Romgaz will be obliged to auction for 3 years about 30% of the production in the centralized…
Transgaz profit increased by 5% in Q1
Transgaz’s net profit increased by 5% in the first quarter (Q1) of this year, reaching 201.8 million lei, the reduction…
AEI: 3.4 million Romanians risk having higher gas bills from July 1
Approximately 3.4 million domestic consumers of natural gas have the right to renegotiate by July 1, 2020 the prices they…
Rainer Seele sees hope for oil price recovery in second half
Austrian energy group OMV sees hope for a recovery in oil prices in the second half of 2020 helped by…
OMV Petrom has installed photovoltaic panels in 40 gas stations in Romania
OMV Petrom has installed photovoltaic panels in 33 gas stations in the OMV network and in 7 stations in the…
Romgaz shows zero tolerance for any act of corruption
Bogdan Tudorache Romgaz’s executive management states that it “shows zero tolerance for any act of corruption and will support the…
Negotiation could result in 5 to 20% reductions in the price of natural gas for household consumers
On July 1, the Romanian gas market will be liberalized for the household consumers too, which means they will have…