Gazprom reports first quarterly post-2015 losses due to falling gas demand in Europe
Gazprom, the world’s largest natural gas producer, reported substantial losses for the first quarter of this year on Tuesday, as…
Minister of Economy: I moved to Electrica and now I pay a 15% lower bill
The Minister of Economy, Energy and Business Environment, Virgil Popescu, stated that he changed his traditional gas supplier three weeks…
The first gas transactions for the next year – at a price of 60 lei/MWh
On Friday, the first gas transaction was made with delivery for the entire year 2021 at an average price of…
Suppliers will support penalties of 5-10% of turnover for market manipulation
The Commission for Industries and Services introduced an amendment to the Draft Law amending and supplementing the Law on Electricity…
E.ON merges its gas suppliers for population and companies
E.ON initiated the legal procedures of merging of the two natural gas suppliers it owns in Romania, by absorbing E.ON…
Energy Minister accuses gas suppliers of abuse of dominant position and arrogance, on the verge of market liberalization
The Minister of Energy, Virgil Popescu, continued on Wednesday the accusations against the gas suppliers, reproaching them for abusing their…
Iancu: Gas suppliers will pay a tax on additional revenues from liberalization
Gas suppliers will transfer to the state budget a tax from the additional revenues obtained with the liberalization of the…
Hungary agrees new gas deal with Gazprom
Hungary has agreed to buy 6.2 billion cubic metres of natural gas from Gazprom and will begin talks on a…
ANRE: Consumers will have a decisive role on the gas market after liberalization; they can change the supplier at any time
Liberalization of the gas market will make consumers aware and will encourage them to get more involved, compare market prices…
Liberalization of the gas market: almost half of customers believe that prices will rise
Almost half (45%) of natural gas customers believe that gas prices will increase after July 1, 2020. 34% believe that…
IEA anticipates a historic drop in oil demand by 2020
The International Energy Agency (IEA) said on Tuesday that it expects the biggest drop in oil demand in history this…
Stroe, MET: The market will resettle, at least at the level of suppliers – only the strong will survive
The main concern for suppliers, both of electricity and natural gas, is to ensure the financing of measures aimed at…
Competition: Liberalization of the gas market must lead to lower prices
In the context of the liberalization of the gas market for household consumers, the Competition Council points out that, both…
AEI: Suppliers largely keep gas prices above market levels for July 1
Although the liberalization of the gas market is fast approaching, out of 35 suppliers who sell regulated gas to household…
Havrileţ: The natural gas market has the lowest level in terms of price
The natural gas market has the lowest level in terms of price, a historical level, so at present we are…
Popescu: Gas suppliers are acting as hooligans with the prices in the offers they are currently sending to customers
The current practice of natural gas suppliers to send customers contract offers for the period after market liberalization at a…
E.ON Gas Furnizare: The price for our household customers remains stable
The portfolio of domestic customers that chose E.ON Gas Furnizare offers for the competitive market increased significantly. “In the first…
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…
Delgaz Grid operators will continue to be in the field, public activities are carried out exclusively online and by phone
Delgaz Grid teams will be on the ground to provide natural gas and electricity to the over 3 million customers,…
OMV Petrom and Romgaz, forced to sell 30% of the domestic production in the centralized markets
OMV Petrom and Romgaz will be obliged to auction for 3 years about 30% of the production in the centralized…
MOL Group reported an USD 152 mln. net loss in Q1
Today, MOL Group announced its financial results for Q1 2020. Large inventory and foreign exchange losses resulted in MOL reporting…