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,…
Marius Chiriac: Romania has chosen to burden energy suppliers
The ordinance on measures applicable to final customers in the electricity and gas market brings some improvements, but it is…
Dana Daraban: Suppliers pre-finance the cap, we want a fast settlement flow
Energy suppliers would have liked to be removed from the schemes with consumer support measures and a direct aid granted,…
Traders: There will be problems with the supply of petrol and diesel due to the war
Energy and commodity markets are in shock after Russia’s invasion of Ukraine, leading trading companies warned, warning that there could…
ING will no longer fund new oil and gas projects
Dutch banking group ING will no longer finance new oil and gas projects, ING energy director Michiel de Haan told…
Cîțu: Excise tax cut on fuel is no longer on the table of the governing coalition
The president of PNL, Florin Cîţu, declared on Tuesday that the reduction of the excise tax on fuel is no…
Minister: Starting this year, we will have an additional 1 billion cm of gas
Romania will have natural gas from other sources next winter, including from the Black Sea, and starting this year we…