Exxon, Shell feel the pain of natural gas glut in Q2 results
The world’s oil majors are feeling the heat from steadily shifting their investments toward natural gas, as weak gas pricing…
First contract concluded on the Gas Forward CCP platform of the Romanian Commodities Exchange
The Romanian Commodity Exchange announces the conclusion of the first transaction on its new trading platform – “Gas Forward CCP”,…
Minister of Energy, about the possibility of expensive gas for industrial customers: ”Engie makes this propaganda every year”
The Minister of Energy, Anton Anton, listed as propaganda the recent announcement of the company Engie regarding the increase of…
The Ministry of Energy will take samples of petrol and diesel from the market to monitor fuel quality
The Ministry of Energy will take and analyze gas and diesel samples from distribution stations to monitor their quality, according…
Oil royalties may increase, Competition urges oil companies to come up with property papers and pay rent to the state
Bogdan Tudorache The Competition Authority considers that the increase in the oil royalties level will intensify the competitive pressure in…
Reverse taxation to be introduced for gas supply, at the initiative of OPCOM
The Government intends to extend the reverse charge in the field of natural gas supplies, according to the model applied…
Effect of GEO 114: When gas prices rise, the real sector takes over the burden
Although the effect of increasing the price of gas for the unregulated segment following Ordinance 114 was anticipated by specialists,…
E.ON Romania: It will be a challenge to ensure the gas consumption of the population if we have a bad winter
Ensuring the gas consumption of household customers and heat generating plants will be a challenge if the next winter will…
Investment of about 6 million lei for the extension of natural gas distribution in the southern area of Constanta Port
The National Company of Maritime Ports Administration (CNAPM) is investing from its own sources about six million lei for the…
ANRE announces the decrease of gas prices for the regulated segment
The Regulatory Committee of the National Regulatory Authority for Energy – ANRE approved at its meeting on Monday 24 June…
E.ON: Romania needs a functional gas market with sufficient quantities and a benchmark price
Energy market authorities and players, along with civil society, have to resume talks on gas market liberalization and functionality, Anca…
Gazprom says new Ukraine government needed for gas talks
Russian state gas giant Gazprom is awaiting the formation of a Ukrainian government before starting talks with Kyiv on extending…
ANRE modifies the legislation of gas exchanges so that contracts with delivery periods of over one year can be concluded
The National Regulatory Authority for Energy (ANRE) initiated a draft order for the amendment of the regulations of the centralized…
Romgaz will deliver 30% of gas production at a capped price
Romgaz will deliver 30% of its gas production from May to December at the regulated price of 68 lei per…
The gasoline price in Romania has fallen below the European average
The tax-free price of gasoline on the Romanian market fell below the European average, while diesel prices are still higher…
Poland’s energy ministry decides to release 800,000 tonnes of mandatory oil reserves
Poland’s energy ministry said it has decided to release mandatory oil reserves following the suspension of contaminated oil deliveries from…
Petrom and Romgaz will supply half of domestic gas output at capped prices
The main gas producers in Romania, OMV Petrom and Romgaz, are obliged by the National Regulatory Authority for Energy (ANRE)…
Stab (Engie): 90% of the isolated villages can’t afford gas connection, as costs reach 3,000 euro
Only one in ten potential consumers in remote villages can afford gas connection, as costs rise up to 3,000 euro,…
CEE Equity Partners eyes Oscar Downstream
CEE Equity Partners, one of the largest private equity managers in the Central and Eastern Europe region, has set eyes…
ENGIE invests 5 million lei in the training of about 120 young people
In the context of an acute shortage of skilled labor, ENGIE Romania, through its Distrigaz Sud and ENGIE Servicii, invests…
Mayors can decide the expansion of natural gas distribution networks
The Government today approved, at the proposal of the Ministry of Energy, the Government Decision on the establishment of the…
European Commissioner: We ask Member States to eliminate regulated prices and open the market
The European Commission asks Member States to open the electricity and gas markets and to abolish regulated prices, with the…
Competition will issue recommendations for the fuel market by the end of the month
The Competition Council will launch in public debate, this month, the first version of the recommendations for the fuel market,…