European gas electricity production increased by about 40% in Q2
Electricity production as a source of natural gas increased significantly in the second quarter (Q2) of the year in Europe,…
FGSZ inaugurated the new compression station at the interconnection point with Romania
The Hungarian natural gas transport operator, FGSZ, a subsidiary of the MOL group, has inaugurated the new compressor station at…
Romania has broken the historical record of stored gas
The possibility that Ukraine and Gazprom will not reach an agreement to extend the transit contract, which expires at the…
Petrom gets another 500,000 cm/day after a 50 million euro investment for a new gas well in Totea area
OMV Petrom has discovered new hydrocarbon resources in the Oltenia region, the company announced. “Throughout the years, the Totea deposit…
Thermal power plants cut the profitability of the state owned energy sector (energynomics Magazine)
For the fourth year in a row, energynomics.ro offers an analysis of the financial performances of the energy companies that…
Unlocking the potential of the Black Sea
Despite all the uncertainty, the oil & gas industry in the Black Sea region is not afraid to take actions.…
Next EU energy chief backs gas as part of climate transition
Natural gas will enable the EU’s transition to climate neutrality, Kadri Simson told European lawmakers before she received their backing…
Ceban, Moldovagaz: The debt of the Republic of Moldova to Gazprom is of 700 mln. USD
Bogdan Tudorache The Republic of Moldova’s debt for Gazprom gas (except for Transnistria) is of 700 million US dollars, said…
Aura Săbăduș, ICIS London: Gas prices will remain high due to market distortions
Romania has enough gas in stock for this winter, but most likely prices will remain high, said Aura Săbăduș, Gas…
Three more months for the elimination of the provisions of GEO 114/2018; more pressure on Parliament
There is a need for greater pressure exerted by the energy community on the MPs to accelerate the adoption of…
Chisăliță: Imminent risk regarding interruptions in gas supply from the Russian Federation this winter
Romania faces the risk of gas interruptions for several decades, says analyst Dumitru Chisăliță, founder of the Association for Intelligent…
New market and new opportunities – more at Budapest LNG Summit 2019
The 2019 LNG Summit in Budapest will be held on December 2-3 in Budapest with the focus to connect the…
Transgaz inaugurates the natural gas compression plant at Jupa
SNTGN Transgaz inaugurated the Jupa Natural Gas Compression Station, part of the BRUA Phase 1 project, a project on the…
By February 2020, Transgaz wants to set up the company that will operate the Romanian gas hub
Transgaz has signed a cooperation agreement with the Austrian Central European Gas Hub AG – CEGH to establish the gas…
ANRE has decided to extend by six months the deadline for reservation of additional capacity on the BRUA pipeline
ANRE decided on Monday a new extension, for six months, of the deadline for submitting additional capacity reservation requests on…
Transgaz and CEGH signed the Cooperation Agreement for the establishment of a gas hub in Romania
Transgaz, the transmission system operator (TSO) in Romania, and Austrian Central European Gas Hub AG (CEGH), the Operator of the…
Romgaz, among the performers of the Stock Exchange; the FTSE announcement didn’t surprise the market
Bogdan Tudorache The FTSE announcement regarding the advancement of the local stock exchange to the emerging status has not surprised…
Competition will complete this year the investigations regarding the costs of the connections to the gas network
The President of the Competition Council, Bogdan Chiriţoiu, announced that this year the investigations on the costs of the connections…
Chiriţoiu: The Fuel Price Monitor has more than 1.3 mln. clicks
The project “Fuel Price Monitoring”, which contains information on the tariffs applied by the large fuel stations in Romania, seems…
ANRE: The Romanian gas market will be completely liberalized on April 1, 2021
The European Commission has granted an extension to Romania until the end of the year to comply with the legislation…
MOL started works at the 1.2 bln. euro petrochemical plant in Hungary
MOL has laid the foundation stone for the Tiszaújváros polyol plant. The plant is expected to be commissioned in 2021.…
Transgaz announces that the reverse flow from Isaccea to Orlavka is operational
Transgaz, through its subsidiary, Eurotransgaz, bought Vestmoldtransgaz, transforming it into a private company, says Marius Stoica, advisor to Transgaz’ general…
The specific taxation rate in the Romanian Upstream gas industry exceeded 25% in 2018
Romania has the highest effective tax rate specific to natural gas production in Europe, shows a study by Gabriel Biriș,…