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…
Kazakhstan will start selling oil via Azerbaijan to bypass Russia
Kazakhstan plans to sell some of its oil via Azerbaijan’s largest oil pipeline starting in September as an alternative to…
EBRD opens a credit line of 30 mln. euro for Premier Energy
The European Bank for Reconstruction and Development (EBRD) said on Thursday that it plans to provide a working capital revolving…
Iohannis: We will not abandon Moldova, we are looking for a solution for gas supply
President Klaus Iohannis stated, during the meeting with the Moldovan counterpart Maia Sandu, that Romania is aware of the extremely…
Sonatrach and Engie have reached an agreement on the supply and sale of natural gas
The Algerian state company Sonatrach has concluded a three-year contract with the French energy group Engie regarding the price of…
ANRE approved the settlement of an amount of 376 mln. lei to energy suppliers
The National Energy Regulatory Authority (ANRE) has so far approved the settlement from the state budget of an amount of…
EU must prepare for rationing gas
EU countries are scrambling for new sources of gas to phase out Russian fossil fuels and punish Moscow for its…
ANRE demands new taxes from companies in the gas and electricity sector
A new order of the Energy Regulatory Authority (ANRE), recently published in the Official Gazette, introduces several new categories of…
Gas prices have risen as the EU looks at new sanctions against Russia
Reference prices for natural gas in Europe rose by 7% on Monday morning amid growing fears about gas supplies due…
Cristian Secoșan is the new General Manager of Delgaz Grid distribution company
Starting today, Cristian Secoșan took over the roles of General Manager of Delgaz Grid and Board member of E.ON Romania.…
Virgil Popescu: Energy resources must not be used as blackmail weapons
Romania supports the development of the Southern Gas Corridor and the partnership with Turkey in order to diversify supply routes,…
Germany is activating the emergency plan to guarantee gas supplies
Germany on Wednesday activated the first phase of the emergency plan to guarantee the supply of natural gas, in the…
Capping energy tariffs will have a positive impact on consumers
The capping of energy tariffs will certainly have a positive impact on consumers during the application period, but the effect…
Energy and gas price cap, in effect from April 1
The new emergency ordinance that aims to cap the prices of electricity and natural gas for a period of 12…
EU Commissioner for Economy: If Russia cuts off gas supplies, we are ready to face the decision
The payment of Russian gas in rubles means a breach of existing contracts, and if Russia decides to suspend deliveries,…