Rising energy prices are causing major losses to large European producers
The continuous rise in energy prices in Europe exposes the region’s largest consumers of gas and electricity to significant losses,…
European gas prices fell sharply after Russia reserved new capacity
Reference prices for natural gas in Europe fell on Friday, after Russia reserved, at the last minute, new capacity to…
Eric Stab: A colder winter would drain gas deposits – we could have high prices in the summer
A colder winter could drain gas deposits and cause higher demand for natural gas in the summer, so gas prices…
Capping energy prices has wiped out competition; the effects should be examined by the Competition Council
The measure to cap electricity prices has wiped out competition in the market, and it may come to the attention…
Natural gas and fuel have become the most expensive in the last year
Natural gas and edible oil prices have risen the most in the last year, while the only reduction has been…
Surge in excise duties will increase fuel prices from January
The level of excise duties will increase slightly next year for almost all product categories, thus also increasing fuel prices.…
Large energy consumers received subsidies of over 130 mln. euro for the payment of bills
Ministry of Energy has paid more than 130 million euro to large energy consumers, an amount related to last year’s…
Capping bills will cost the state budget at least 4 bln. lei
Romanian Government wants to allocate 4 billion lei next year to offset and cap energy bills for domestic and industrial…
Europe’s energy crisis will worsen as winter approaches (Bloomberg analysis)
Energy prices in Europe posted record after record even before winter came, and this crisis will worsen as temperatures begin…
MOL invests 28 mln. euro in new service stations located on the A1 and A2 motorways
MOL Romania has started the preparations for the construction works for six of the 14 service stations it is to…
Enel will cut investments in Romania, if the authorities do not change the measures to compensate and cap the invoices
The measures to compensate and cap energy bills, adopted by Romania, are incorrect, create instability and discourage investors, so that…
Virgil Popescu: I categorically deny that there will be problems with gas in winter, someone is trying to raise the price with these rumors
There is no risk regarding the gas supply in winter, this being just a rumor that appears periodically to increase…
ANRE: High risk of blockage in the gas market, another 30,000 consumers will be abandoned by their suppliers
The risk of blockages in the gas market is quite high and three other suppliers are preparing to abandon a…
Chisăliță: Romania will not be able to cover its gas consumption in February
Romania will not be able to cover 20% of its gas consumption in February, according to Transgaz data, Dumitru Chisalita,…
UK’s Bulb to go into administration as funding talks collapse
Britain’s Bulb expects to appoint administrators shortly, as it became the biggest UK energy supplier to be driven into financial…
Andrei Spinu: The Government of the Republic of Moldova is negotiating to guarantee the delivery of Russian gas
Moldova’s Deputy Prime Minister Andrei Spinu promised on Tuesday that Moldova’s residents would not run out of natural gas, although…
Auchan Romania and OMV Petrom have opened 100 MyAuchan stores in Petrom stations
Auchan Retail Romania and OMV Petrom continue the process of integrating the MyAuchan convenience stores into the existing commercial spaces…
Engie: Decision to give up Ultimate Supplier (FUI) status does not affect 1.9 million customer portfolio
Engie’s decision to relinquish its status as a Supplier of Last resort (FUI) does not affect the portfolio of 1.9…
Adrian Vasilescu: Central banks cannot influence energy and gas prices
Electricity, fuels and natural gas worldwide are considered products whose prices are not influenced by monetary policy and if a…
EC launches new investigations into price manipulation of electricity, natural gas and carbon dioxide certificates
The European Commission is investigating whether some companies have violated competition law, which would have led to an increase in…
Electricity and natural gas have become most expensive during the last year
Electricity, natural gas, fuel and edible oil prices have risen the most in the last year, and October is the…
EU gas, power jump as higher Russian flows fail to materialize
European gas and power prices surged on signs Russia won’t deliver the boost in supplies President Vladimir Putin promised. At…
Large companies fear that they will not receive the money on time to offset the bills
Electricity and gas suppliers do not know how they will recover their money from state to offset the bills, which…