Price of the liter of gasoline dropped below one euro
OMV Petrom on Thursday reduced fuel costs by 0.10 RON/ l, the price of one liter of gasoline reaching 4.5…
OMV Petrom is ready to continue supply
OMV Petrom has implemented a series of measures to ensure the smooth running of the activities. Christina Verchere, CEO of…
Romgaz operates under normal conditions, but investments may be delayed
Currently, Romgaz is operating under normal conditions, without being affected by the evolution of the pandemic. The company focuses on…
Chisăliță: Gas liberalization might be delayed; there is no political will for it
Bogdan Tudorache The liberalization of the gas market from July 1 may not take place, since there is no political…
V. Popescu: There is no cause for concern regarding the supply of electricity and gas to citizens
Virgil Popescu, Minister of Economy, Energy and Business Environment today convened the Emergency Command at the level of the Ministry…
Petrom cut fuel prices by 0.10 RON per liter
Petrom, the leader of the fuel distribution market, on Tuesday reduced the prices of fuels sold in its own network…
Oil prices rebound after ‘Black Monday’ shocks, but outlook volatile
Stocks and oil prices have steadied and even bounced back after a “Black Monday” that saw them fall dramatically. Coronavirus…
ANRE draft Order: New obligations for gas supply on centralized markets
ANRE has launched in public debate a draft Order [HERE in Romanian] on the obligation to supply natural gas on…
Lower taxes for diesel cost Germany up to 7 bln. euro in 2019
The lower taxation of diesel fuel in Germany cost the country billions of euros in 2019, newspaper Rheinische Post reports.…
Less than 5% of domestic gas consumers are informed about market liberalization
Less than 5% of domestic gas consumers are trained and able to negotiate their contracts so that they can obtain…
Minister of Energy: The gas market will certainly be liberalized on July 1, otherwise we risk losing European funds
The gas market will certainly be liberalized on July 1, and the electricity market, on December 31, 2020, otherwise we…
Minister of Economy: There will be no gas increases since July 1st
The liberalization of the gas price from July 1 will not bring new price increases, says the Minister of Economy…
V. Popescu: The gas infrastructure in the rural area will double in the next four years
Bogdan Tudorache The gas infrastructure has 200 million euros from European funds to develop in the next four years, rising…
FPPG: No reasons for gas prices to increase
The Federation of Petroleum and Gas Employers (FPPG) practically accuses some distributors of artificial price increases. FPPG argues that “under…
ANRE advises domestic energy consumers to compare offers from several suppliers, before concluding a contract
Domestic consumers receiving offers from suppliers to move from the regulated market to the competitive market or to extend the…
Romgaz reacts to the vote in the Senate: Liberalization will not raise prices after July 1
Largest producer and main supplier of natural gas in Romania, Romgaz states that “it did not identify any real reason…
Gov’t approved the program for introducing gas to villages, worth 500 mln. euro
The government approved, in its Tuesday meeting, a national program for the introduction of natural gas in the rural area,…
Competition authorized the acquisition of Panebo Gas by Gaspeco
The Competition Council authorized the transaction by which the company Gaspeco L&D SA took over Panebo Gaz SRL. Gaspeco L&D…
2020 will bring lower prices for gas and insolvency risk to suppliers (Intelligent Energy Association)
The natural gas market in Romania will undergo a strong transformation in 2020, predicts the natural gas expert Dumitru Chisăliță’s…
New fuel station, opened in Chisinau by Rompetrol Moldova
KMG International, through its subsidiary Rompetrol Moldova, recently completed the modernization of the Rompetrol fuel station in Chisinau, situated on…
Romania, among the countries with the biggest problems in utilities’ payment
Nearly 7% of households in the European Union were unable in 2018 to pay their bills on utilities (heat, electricity,…
OMV Petrom doubled its gas sales in Q4 2019 to a record high
OMV Petrom doubled its gas sales to third parties in the last quarter of 2019 compared to the similar period…
Competition: The reduction of excise duties was fully transmitted in the fuel price
Bogdan Tudorache The reduction of excise duties by 0.32 lei/ liter (including VAT), applied from January 1, 2020, for both…