OMV Petrom and Auchan Retail Romania launch the first modernized gas station
OMV Petrom launched the first modernized fuel station in the Petrom network, within an extensive program to modernize the entire…
CEZ Vânzare launches CEZ Gaz, a one-year product guaranteed for low-consumption companies
The energy and natural gas supplier CEZ Vânzare launched the product CEZ Gaz, guaranteed for a period of 12 months…
ANRE wants to increase by 2% the profitability rate of energy and gas distributors and transporters that attract EU money
The National Energy Regulatory Authority proposes to provide an incentive of 2% over the regulated rate of return for electricity…
MOL completes a new research and development center in Hungary
MOL has inaugurated the new polyol research and development center, named after György Mosonyi, late CEO of MOL, in Százhalombatta,…
Nicolescu: Gas transmission tariffs might increase by 25-30%, once BRUA is completed
The costs of transporting gas from the bills paid by citizens and industry might increase by 25-30%, as the investment…
New national campaign launched by IGSU, E.ON and Delgaz Grid
Awareness of adults about their responsibility to comply with home safety measures is the main objective of the national campaign…
Remarkable in the Romanian Oil and Gas industry
At the beginning of 2021, the National Agency for Mineral Resources will amend Order 32/2018 to introduce as reference the…
Delgaz Grid recommends to the owners’ associations to get involved in the maintenance process of the installations
Delgaz Grid recommends that homeowners’ associations get involved in the process of maintaining common gas installations, given that, in most…
From 2021, the reference gas price will be calculated by ANRM based on the transactions in Romania
At the beginning of 2021, the National Agency for Mineral Resources will amend Order 32/2018 to introduce as reference the…
Volintiru: Romgaz wants to double its turnover in the next seven years
Romgaz’s strategy envisages multiple investments, leading to a doubling of the company’s turnover in the next seven years, the company’s…
Moldovagaz prepares investments of 19 million euros in 2021
For 2021, Moldovagaz planned investments of about 385 million lei (about 19 million euros), said Vadim Ceban, president of the…
Gal, ANRM: Oil royalties fell by about 21% in the first 9 months
In the first nine months of the year, oil royalties fell by about 21 percent, primarily due to declining oil…
Romgaz reported a net profit of 941 million lei in nine months, down 20%
Romgaz Group registered in the first 9 months of 2020 a turnover of 2.9 billion lei, down by 23.01%, respectively…
Romgaz could enter foreclosure procedures for not paying dividends to the state
Romgaz estimates that it may enter enter foreclosure procedures by the National Agency for Fiscal Administration (ANAF) for not paying…
ANRE has approved the regulation by which consumers are connected without initial costs to the gas network
The National Energy Regulatory Authority (ANRE) has approved the regulation that obliges distributors to finance the network connection works to…
Competition greenlights Rompetrol to take over nine gas stations from Comision Trade
Competition Council has authorized the transaction through which Rompetrol Downstream takes over the right of use over nine fuel distribution…
ASF is analyzing the request of BRM to launch derivative natural gas contracts
The Financial Supervisory Authority (ASF) has not yet issued the necessary approval to the Romanian Commodity Exchange (BRM) to launch…
Florin Frunză, MET Romania Energy: Gas remains the main transition solution for Romania
“Romania still has many opportunities for the gas market, and with the coal phase-out, gas is still the transition solution…
POIM: 29 projects for the development of smart gas distribution networks, under evaluation
So far, within the POIM call, 24 projects worth 1.16 billion lei have been submitted through the Large Infrastructure Operational…
BRM launches derivative contracts on natural gas
Romanian Commodities Exchange (BRM) announces the launch for the first time in Romania, on November 16, 2020, of derivative contracts…
partnerg-i: Natural gas DAM price records 44.87% increase this week
The weighted average natural gas Day-Ahead Market price in October 2020 is 53.30 lei/MWh and it seems to be heading…
ANRE approved the tax-free connection of non-household customers located at a maximum of 2.5 km from the grid
Bogdan Tudorache The ANRE regulatory committee approved Order no. 183/2020 for the approval of the Procedure regarding the connection to…
Gas suppliers will no longer be required to build up minimum stocks for the winter
The current cold season is the last in which gas suppliers were required by the Regulatory Authority to set up…