Niculescu: On October 9, the gas storage was 99.72% full
The gas warehouses were full, at the beginning of October, to the extent of 99.72%, i.e. 2.861 billion cubic meters,…
Equinor will supply natural gas to the Austrian group OMV
Norwegian energy company Equinor has signed a five-year deal to supply gas to OMV, as part of the Austrian group’s…
AmCham Moldova pleads for the elimination of the tax for changing the gas supplier
AmCham Moldova, which brings together 158 members, asks the Minister of Energy Victor Parlicov to reanalyze modifications to Law no.…
Republic of Moldova says it owes Gazprom only 8.6 mln. USD, Russians ask for 709 mln. USD
The Republic of Moldova proposed to Gazprom a payment of only 8.6 million dollars representing the debt to the Russian…
MOL Group achieved an EBITDA result of USD 1,125 million in H1
Today MOL Group announced its financial results for Q2 and H1 2023. In the first six months MOL Group delivered…
Alfred Stern: Neptun Deep will make a significant contribution to Europe’s security of supply
OMV CEO Alfred Stern says the Austrian group will continue to buy natural gas from Russia but at the same…
CE launches the first call for the joint purchase of gas by companies
The European Commission is launching on Tuesday the first process through which European companies can register their gas purchase needs…
V. Parlicov: Republic of Moldova can’t terminate the supply contract with Gazprom
The Republic of Moldova cannot terminate, at this moment, the natural gas supply contract with Gazprom, as they are used…
ANRE carries out new control actions at gas distribution operators
ANRE has started new control actions within 10 natural gas distribution operators, the institution announces. “We found the existence of…
Oil prices fell after the collapse of Silicon Valley Bank
Oil prices fell in volatile trading on Monday as the collapse of Silicon Valley Bank hit equities markets and raised…
Rompetrol Rafinare turns to profit, following a 42% increase in turnover
Rompetrol Rafinare, member company of the KMG International Group, recorded, in 2022, an improvement in financial indicators, as a result…
Oil price rises due to supply concerns
The price of oil rose on Monday, against the background of optimism regarding demand from China, production cuts by major…
Bulgaria will access Turkey’s LNG terminals
Bulgargaz has signed a long-term agreement with Turkish gas company Botas for access to liquefied natural gas (LNG) terminals in…
KMG: Security of supply of Romania is our main priority
The total investment level of the Romanian-Kazakh FIEKR Fund in energy projects reached USD 290 million, prioritizing the development of…
Legislative changes decapitalized gas distributors
Legislative changes in 2021 and 2022 led to the decapitalization of natural gas supply and distribution companies, said Andra Malanca,…
Virgil Popescu, in Kazakhstan: We received assurances that we will have all the support for oil supply
The authorities from Kazakhstan will give Romania all the support to secure the supply of oil and derived products, the…
Refineries in Romania have found alternative sources to Russian crude oil
Refineries in Romania have found alternative crude oil to the Russian one, considering that in December the embargo on petroleum…
About 500 gas stations are asking for 175 million lei for July through the compensation system
A number of 499 declarations regarding fuel compensation in the total amount of 174.52 million lei, related to the economic…
Hungary benefits from Russian gas without interruption
Russian gas deliveries to Hungary take place without interruption and there will be no supply problem in the cold season…
D. Chisăliță: The new Ordinance leads to rising prices and the collapse of the energy system
Dumitru Chisăliță, President of the Intelligent Energy Association Romanian energy system entered into crisis in 2017-2018. Statistically, it was the…
Russia offers Asian countries discounts of up to 30% on oil contracts
Russia has approached several Asian countries to offer them possible long-term oil contracts at a discount of up to 30…
ANRE: LRS will take over by monthly rotation the places of consumption without gas suppliers
Romanian Energy Regulatory Authority has modified the regulation regarding the last resort supply (LRS) of gas, for customers who are…
Croatia invests 180 mln. euro to increase gas capacities
Croatia will invest 180 million euros ($182.32 million) to build a new gas pipeline and significantly increase the capacity of…