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…
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…
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…
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…
Chiriţoiu: In H2 we will carry out new investigations, also in gas distribution
Investigations launched by the Competition Council before the crisis will be resumed and other new investigations will be launched, so…
Zamfir (PSD): I publicly ask Prime Minister Ludovic Orban to postpone the liberalization of utility prices
PSD Senator Daniel Zamfir asked Prime Minister Ludovic Orban to postpone the liberalization of utility prices through a Government decision,…
The capping of car fuel prices should only apply to retail
The measure on capping the prices of motor fuels should apply only to their sale in distribution stations, depending on…
ENGIE Romania supports vulnerable people with free home repairs services
In the context of the COVID-19 pandemic, ENGIE Romania supports vulnerable people over the age of 65, from Bucharest, who…
Rompetrol Bulgaria opened its 56th gas station in the city of Shumen
Rompetrol Bulgaria, a company member of KMG International, officially opened a new gas station in Shumen, town situated 90 km…
Postponement of bills payment: The cash flow required for energy utilities companies would be of 600 mln. euro monthly
Bogdan Tudorache Utility companies would need a cash flow of about 600 million euro a month – or 1.8 billion…
OMV does not exclude the possibility of resorting to lay-offs due to the coronavirus crisis
Austrian OMV Group plans to expand its current four billion euro cost reduction program, said CEO Rainer Seele, who added…
Intelligent Energy Association: The price of natural gas could reach 2008 levels
Bogdan Tudorache In 2008, ANRM issued Order no. 21/2008 regarding the approval of the reference price for natural gas extracted…
Gas prices have remained below the regulated level, but it is hard to believe that market liberalization will actually take place from 1 July
Bogdan Tudorache Prices on the natural gas market have not yet changed, following the announcement of the Executive to impose…
Compulsory gas stocks for next winter fall by 13%
ANRE recently published the order regarding the obligatory quantities of gas to be stored for consumption in the future cold…
EU: 100 mln. of smart meters for electricity, 16 mln. for gas
As of 2018, 34% of total electricity metering centers and 14% of gas ones were equipped with a smart meter,…
Fuel stations in Bulgaria: Consumption dropped 40 – 80% because of the state of emergency
After Bulgaria declared a state of emergency because of the coronavirus, fuel consumption dropped by more than 40% in major…
Virgil Popescu: Low oil prices could endanger the functioning of the oil and gas industry
The oil and gas industry is also hit by the current crisis, and very low oil prices may jeopardize the…
BRM: Gas prices have dropped steadily, interventions have negative effects
Bogdan Tudorache In the first quarter of the year, natural gas transactions showed a clear increase compared to the similar…
Popescu: We will issue an order explaining the measure regarding the price cap
Economy Minister Virgil Popescu said on Monday that an order will be issued explaining the measure on capping prices for…
Gas price cap, a populist decision that favors gas importers and suppliers – not consumers
Bogdan Tudorache The capping of the price of natural gas (together with the prices of other utilities), recently taken by…