CE Oltenia: Government approved a state aid worth 449 mln. lei
The Romanina Executive adopted, on Wednesday, the Government decision regarding the approval of the granting of state aid for restructuring…
Bulgaria reduced its natural gas consumption by 24%
Bulgaria reduced its natural gas consumption by almost a quarter in the last six months, the European Commission announced, Novinite…
Republic of Moldova resumed gas purchases from Gazprom
The Republic of Moldova resumed gas purchases from the Russian group Gazprom in March, after a break of about three…
Petromidia platform’s cogeneration plant, more than 80% completed
The Kazakh-Romanian Energy Investment Fund (KREIF) has made considerable progress in commissioning the cogeneration plant on the Petromidia platform, reaching…
In 2023, Chimcomplex will put 60 MW gas turbines into service
The Chimcomplex chemical plant will put into operation, this year, several gas turbines, which will also be able to use…
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…
Radu Mustață: Money is the last issue in developing a renewable energy project
Romania is seen as “a great opportunistic context” by speculative investors and by those strategically interested in the area of…
Drăgan: We are moving fast in terms of green hydrogen – we have strategies in public debate
Romania has certain targets to achieve that go in the direction of the decarbonization of the energy sector in Romania,…
OMV Petrom, Romgaz and Transgaz sign the Black Sea gas transport contract
OMV Petrom, Romgaz and Transgaz signed the contract for the transportation of natural gas from the Black Sea into the…
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…
Delgaz Grid obtains certification for gas and hydrogen mix testing
The Delgaz Grid company takes another important step towards the implementation of 20HyGrid, the first project in Romania that aims…
Kadri Simson asks companies to stop signing contracts for Russian liquefied gas
European Union countries and companies should no longer sign new contracts for the purchase of Russian liquefied natural gas, in…
Europe is looking for solutions for decarbonisation while ensuring security of supply
The year 2023 began with a strong sense of optimism for the energy sector globally, despite recent security developments, and…
Nagy-Bege: I did’t expect Europe succeeding in reducing its dependence on Russian gas so quickly
The share of Russian gas in Europe’s total gas consumption could have dropped below 25% in 2022, „which is a…
Germany’s bill for gas imports doubled last year, in spite of decrease in volume
Germany’s natural gas imports cost double in 2022 compared to 2021, even though imported gas volumes fell by 30%, according…
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…
Transgaz develops the 90 km Ghercești-Jitaru pipeline, an investment of 230 mil. lei
Transgaz, the operator of the national natural gas transport system (NTS), a state company controlled by the General Secretariat of…
Greece invests 163 mln. euro in a new pipeline able to carry 100% hydrogen
A new 160-kilometre pipeline, with a budget of 163 million euro, will ensure the smooth transition of the Central and…
Cristian Secoșan announces investments of over 180 million euros for Delgaz Grid in 2023
More than EUR 180 million, from our own sources and European funds, is the amount we have in the investment…
Vulnerable customers will be able to pay the natural gas bill in installments
The natural gas bill will be able to be paid in installments by vulnerable customers over a period of at…
FPPG: Contributions of the oil and gas sector to the budget – of almost 10% in H1, 2022
The total tax contributions paid by the oil and gas sector to the consolidated budget were in the first half…
Răzvan Popescu: Romgaz could issue bonds or take loans to finance Neptun Deep
Romgaz could issue bonds or take loans to finance Neptun Deep, Răzvan Popescu, CEO, Romgaz, said at a conference. He…
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…