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…
Harald Kraft, AIK Energy: Markets will become more and more interconnected, and we are ready
2019 has been of maximum turbulence for the Romanian supply market, to which the private environment has adapted in various…
Natural gas price drops in Bulgaria by 5%
The price of Russian natural gas for Bulgarian consumers will go down about 5% due to a change in the…
F. Cîțu: The elimination of the surcharge reduced the price at the pump; increase of the classic excise duty, an update with inflation
The Ministry of Finance (MFP) has made a change that has been deemed as controversial by some specialists. Immediately after…
Oil hits 3-month highs on upbeat U.S. and Chinese economic data
Oil prices rose on Friday, hitting three-month highs, as upbeat economic data from China and the United States indicated an…
Moldova to continue receiving Russian gas via Ukraine – president Dodon
Moldova will continue to receive Russian natural gas via Ukraine starting January 2020 after Moscow and Kiev reached a gas…
Chemical fertilizer manufacturers are requesting state aid for the purchase of natural gas
The Nitrofosfor Organic Chemical Employers Organization asks the Government to include the fertilizer production sector in a state aid scheme…
Competition fined Premier Energy by 1.3 mln. euro for abuse of a dominant position
The Competition Council sanctioned with 6.3 million lei (approximately 1.3 million euro) the natural gas distributor Premier Energy, as legal…
Increasing the price of carbon certificates will result in higher fuel prices
The government led by Angela Merkel and the German Lands have reached an agreement on increasing the price of carbon…
Moldova could run out of gas in January
Bogdan Tudorache Moldova could run out of gas for several days in January, says energy expert Sergiu Tofilat. “The trans-Balkan…
Competition authorizes the acquisition of the Art Petrol stations by OMV Petrom
Competition Council authorized the transaction through which OMV Petrom Marketing takes over the fuel distribution network owned by Art Petrol…
E.ON: Delgaz Grid invested over 90 mln. euro in distribution
Delgaz Grid, a member of the E.ON Romania group, has invested 428 million lei (over 90 million euro) this year…
Chiriţoiu: Competition will monitor the price of fuels after eliminating the overcharge
The Competition Council will monitor the fuel market, so that the elimination of the overcharge will lead to a corresponding…
The budget-finance commission of the Chamber of Deputies approved the elimination of the fuel surcharge
Gasoline and diesel would be cheaper. At least that’s how the Liberals promise, after the Chamber of Deputies’ budget committee…
Caprau: There is no single answer to future fuels; the industry is in a dilemma regarding investments
The oil industry is in a dilemma, as there is no predictability for the fuel of the future and it…
Kazakh-Romanian Energy Investment Fund announces new fuel stations in Romania
Bogdan Tudorache The Kazakh – Romanian Energy Investment Fund inaugurated in Timis county a new fuel station, an investment of…
Concordia Confederation calls on Prime Minister Orban to liberalize the energy market and define the vulnerable consumer
Bogdan Tudorache Concordia Confederation has today sent a letter to Prime Minister Ludovic Orban, presenting its requirements to ensure a…
Competition Council: Oil companies await OMV Petrom’s decision to change fuel prices
Oil companies are waiting for the strategic moves of the market leader, OMV Petrom, to decide how to change the…
Romgaz: The country’s gas consumption decreased by 5.7% in the first nine months
National gas consumption decreased by about 5.7% in the first nine months of this year, while Romgaz production was higher…
The price of natural gas drops below 60 lei per MWh on the spot market of the Romanian Commodities Exchange
The SPOT market of natural gas in Romania operated by the Romanian Commodities Exchange (BRM) registered, on November 07, the…
Virgil Popescu: We need to clearly define which are the Romanians that really need a subsidy
The Minister of Economy, Energy and Business Environment, Virgil Popescu, argues that it must be clearly defined who are the…