E.ON: There is no reasonably priced gas in the long run to reduce the price per capita
E.ON Romania claims that there are currently no quantities of gas available on the market at reasonable and long-term prices,…
Hungary agrees new gas deal with Gazprom
Hungary has agreed to buy 6.2 billion cubic metres of natural gas from Gazprom and will begin talks on a…
Global natural gas production to fall by 2.6% this year
Global natural gas output is set to fall by 2.6% this year because of the impact of the COVID-19 pandemic,…
Six global firms strike $20 billion agreement with Abu Dhabi state oil giant
A consortium of six global investors has entered into a $20.7 billion agreement with Abu Dhabi National Oil Company (ADNOC),…
ANRE: Consumers will have a decisive role on the gas market after liberalization; they can change the supplier at any time
Liberalization of the gas market will make consumers aware and will encourage them to get more involved, compare market prices…
Minister of Energy: Household gas will certainly become cheaper in July
Household gas will certainly become cheaper in July, with the liberalization of the market, and household consumers must know that…
Rompetrol Run and Care: Thousands of liters of fuel for Hospice Casa Speranței
More than 600 people, including KMG International employees and their families, participated in the seventh edition of the Rompetrol Run…
Transgaz, invited to present its views on European external subsidy policy
Transgaz has been invited to present its views on European foreign subsidy policy, according to a letter sent to Transgaz…
BRUA: The first start of the STC Bibești compression unit
On Thursday, the first “hot” start of the A – STC Bibești compression unit took place, the last major investment…
Gas for households dropped to 38 lei/MWh, almost half of the regulated price
The price of gas for the population in the third quarter of the year, with the liberalization of the market,…
Liberalization of the gas market: almost half of customers believe that prices will rise
Almost half (45%) of natural gas customers believe that gas prices will increase after July 1, 2020. 34% believe that…
Minister of Economy: Gas price for the population should decrease by 10-15%, otherwise the Government will intervene
The price of gas for household consumers should fall by 10-15% from July 1, when the market will be completely…
Kazakhstan launches an IPO for KazMunayGaz in 2022
Kazakhstan plans to conduct an initial public offering at national oil company KazMunayGaz in 2022, Kazakhstan’s sovereign wealth fund director…
PGNiG says it signed a $1.5 bln. refund deal with Gazprom
Poland’s energy company PGNiG said it will receive $1.5 billion from Gazprom as reimbursement for overpayment in gas supplies in…
IEA anticipates a historic drop in oil demand by 2020
The International Energy Agency (IEA) said on Tuesday that it expects the biggest drop in oil demand in history this…
Measures proposed by ROPEPCA for supporting the petroleum industry
“We are here to help Romania get back to work”, said Stephen Birrell, the president of the Romanian Association of…
Stroe, MET: The market will resettle, at least at the level of suppliers – only the strong will survive
The main concern for suppliers, both of electricity and natural gas, is to ensure the financing of measures aimed at…
Minister of Economy: We will define the vulnerable consumer by year-end
The price of natural gas will decrease from July 1, regardless of whether the suppliers will do it from now,…
Rompetrol launches the Cashback service at its gas stations in Romania
Rompetrol Downstream, the retail division of the KMG International Group in Romania, launches a new service dedicated to individuals, through…
Dietsmann completes the acquisition of Karom, an important Romanian service provider for energy production facilities
Bogdan Tudorache Dietsmann, one of the leading global Operation & Maintenance providers for the energy industry, acquired the shares of…
Robert Chircă: Romgaz’s strategy aims at diversification, investments of 15.7 bln. lei, in the next 7 years
Romgaz’s strategy aims at diversification, involving investments of 15.7 billion lei, in the next 7 years, said Robert Chircă, Deputy…
CfD for renewables, nuclear, power storage and CCUS in Romania
Romanian Government approved the general principles regarding the implementation of Contracts for Difference. This opens the way for the Ministry…
Nagy-Bege (ANRE): The gas release program ensures non-discriminatory market access
Bogdan Tudorache Producers with a production volume of over 3 million MWh per year must offer 30% of output on…