OPEC decided to slightly increase production starting September
The OPEC+ group, composed of the Organization of the Petroleum Exporting Countries and other major oil producers, decided on Wednesday…
Virgil Popescu: At the moment we see no reason to reduce gas consumption by 15%
The Ministry of Energy is currently working on the plan regarding the 15% reduction in gas consumption and is waiting…
Gas reached the record level of 200 euro/MWh faster than the forecasts showed
Natural gas price reached the record level of 200 euro/MWh much faster than the forecasts showed, said the president of…
Hungary restricts once more access to capped fuel
The Hungarian Government has decided to restrict access to fuel with capped prices and will also release about a quarter…
Romania’s continental resources are running out, there is no coherent strategy
Romania’s onshore resources are gradually depleting and, as in any other field of energy, we have almost no policy that…
ECB estimates that a growth in oil price will only reduce the potential economic growth of the euro area by 0.8%
A permanent increase of the oil price would reduce potential economic growth in the euro zone by less than 1%…
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…
Greenpeace asks Gov’t to expedite the transition, protests in front of the Russian oil tanker VF Tanker 2
Greenpeace Romania activists in kayaks protest in front of the Russian oil tanker VF Tanker 2, which is currently off…
Romania’s domestic energy production decreased by 8%, demand decreased by 5%, in H1
Romania’s domestic energy production decreased by 8% in the first six months of the year, and energy demand decreased by…
Economy Minister: Part of the industry has already reduced gas consumption for market reasons
Part of the Romanian industry, such as the metallurgical one, has reduced gas consumption against the backdrop of the decrease…
PSD supports the temporary regulation of energy prices
Rising gas prices are rekindling talk of at least a temporary return to regulated rates. The Minister of Public Finance…
Delgaz Grid launches an online application that will help improve the connection process
Delgaz Grid launched the “Work programs” application, as the first stage of the implementation of the SharePoint-type online platform “Electricity…
OMV Petrom’s profits more than quadrupled in the first half of this year
The net profit attributable to OMV Petrom S.A. shareholders after the first half of this year’s activity was 4.64 billion…
The 15% reduction in gas consumption is voluntary, Romania supports decoupling the price of gas from that of electricity
The discussions held on the margins of the Energy Council, in which the Secretary of State Dan Drăgan also participated…
Romania exceeded its gas storage target
Romania has already exceeded its gas storage target set for August 1, stated today, at the Government, the State Secretary…
Romgaz hydrocarbon production decreased by 0.25% in H1
Romgaz recorded in the first half of this year (H1) a total production of hydrocarbons of 16.26 barrels of oil…
Russia cut gas flow to Germany to 20%, prices are rising again
Gazprom reduced the supply of gas to Germany to a fifth of the capacity of the Nord Stream gas pipeline…
Ringhel has the solution to automate integration into the online switching platform
In June, ANRE provided access to the online supplier switching platform (POSF), implemented as part of a European project to…
Member states commit to reducing gas demand by 15% next winter
In an effort to increase EU security of energy supply, member states today reached a political agreement on a voluntary…
Romania’s crude oil production fell by 6.2% in the first five months of 2022
Romania produced, in the first five months of 2022, a quantity of crude oil of 1.224 million tons of oil…
Nova Power & Gas prepares new energy capacity on natural gas
Nova Power & Gas has applied to ANRE for approval to build new gas-fired power generation capacity, according to Invest…
EU plan to cut gas consumption faces opposition from some member states
The EU proposal aimed at reducing the use of gas by 15% in the member states, in order to prepare…
EU plan to cut gas consumption faces opposition from some member states
The EU proposal aimed at reducing the use of gas by 15% in the member states, in order to prepare…