Gas imports fell by 22%, oil imports by 31%, in the first 11 months of 2022
Romania imported, in the first 11 months of 2022, a quantity of usable natural gas of over 1.958 million tons…
Energy Efficiency Fund to be approved by GEO
The emergency ordinance for the establishment of the National Energy Efficiency Investment Fund is on its way to approval inside…
Financing for energy efficiency in industry – call for projects open until February 15 at the Ministry of Energy
Up to February 15, industrial companies are expected to submit applications for funding through NRRP for integrated investments aimed at…
The fine(d) art of gas consumption – why some gas reduction measures could cost money
Gas consumption reduced, yet penalty to be paid – this contradiction has been preoccupying the Hungarian press during the last…
A new start for the energy performance of buildings – Mc001/2022 has been approved
On January 17, 2023, it appeared in the Official Gazette no. 46 MDLPA order no. 16/2023 for the approval of…
Portugal and Spain campaign for the extension of gas price caps
Portugal and Spain will officially ask the European Commission on Wednesday to extend the temporary ceiling in the Iberian Peninsula…
European gas price, at lowest value of the past 17 months
Reference prices of natural gas in Europe fell on Monday to the lowest level since September 2021, as full depots…
Volker Raffel, E.ON România: We invested over 2 billion euro in Romania
What are the main achievements of E.ON in Romania, what is the impact of the support scheme on the supply…
Republic of Moldova approves the necessary regulations to receive gas of non-Russian origin
The Government of the Republic of Moldova has approved the necessary regulations for the smooth operation of gas transport in…
Chisăliță: Overtaxation should be used for investments, for the benefit of taxpayers, and not go into an account from which the money disappears
The overtaxation of oil companies should generate benefits for society in the future, for Romanian consumers and taxpayers and not…
Gov’t allotted 335 mln. lei for capping and compensating energy prices
Romanian Government approved, in Wednesday’s meeting, the allocation of 335 million lei, sum from the tax on the additional income…
First 20,000 tons of oil from Kazakhstan could arrive in Germany in January
Kazakhstan plans to export 1.5 million tons of oil to Germany in 2023, and the first delivery, with a volume…
Submitting the index helps you stay within the price caps
After a tumultuous 2022, marked by the energy crisis, in which multiple changes to the legislative framework regarding the support…
Gerd Bommer, Head of Advantage Austria in Bucharest Austrian investors forge ahead, in spite of turmoil
Austrian companies already present here in Romania maintain their – already impressive – pace of investments and reinvestments of the…
Kuwait increases Diesel exports to Europe amid Russian embargo
Kuwait wants to exponentially increase its exports of Diesel and kerosene to Europe this year, which will help the continent…
Bulgaria secures new oil and gas resources from Greece
Bulgaria’s caretaker government said it approved the signing of two memoranda of understanding (MoU) with Greece, which will boost collaboration…
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…
European gas prices fell below 70 euro per MWh
Reference gas prices on the European market are falling in the new year, as mild weather has reduced demand, reports…
The government has decided to over-tax oil and gas companies
The Government of Romania approved, at the proposal of the Ministry of Finance, the introduction by Emergency Ordinance of an…
Robbing Hood or Robin Hood? A note on the economic analysis of energy-industry special taxes in Hungary
“Today forgetting has perhaps grown more puzzling, than remembering (…)” – so Sigmund Freud starts chapter 7 of his Psychopathology…
Spain and Portugal impose extra charges on energy companies, banks and retailers
Spain’s Senate has given final approval to taxing banks and big energy companies extra for excess profits, a measure aimed…
OMV and its partners to invest USD 921 million in a gas field in Norway
Austrian group OMV and its partners have decided to invest 9.1 billion Norwegian kroner ($921 million) to develop a gas…
Romania’s crude oil production fell 6.2% in 10M of 2022; imports up by 31%
Romania produced, in the first ten months of 2022, an amount of crude oil of over 2,436 million tonnes equivalent…