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…
France opposes the single target of reducing gas consumption in Europe
Officials from the French Energy ministry said their country is against a single target of a 15% reduction in gas…
ALRO group closes ALUM Tulcea, amid rising electricity and natural gas prices
ALRO, one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, announces that due to the…
Ciucă: Romania will have enough gas for the winter of 2022-2023
Prime Minister Nicolae Ciucă said on Thursday that at present there are no fears that Romania will not have the…
Moldovagaz will disconnect debtors from the Republic of Moldova on August 1
Moldovagaz warns household consumers who have accumulated debts that, starting with August 1, it will disconnect their natural gas installations.…
Chimcomplex inaugurated its special polyols production plant, an investment of over 40 million euros
Chimcomplex inaugurated today in Rm. Vâlcea the newest special polyols production plant in the region, following an investment of 40…
EU GDP will fall by 1% if Russia cuts off gas and no timely action is taken
The European Commission estimated on Tuesday that the European Union’s Gross Domestic Product will fall by 0.6% – 1% if…
EC proposes a cut in gas use in the EU by 15% by next spring
As the EU faces the risk of further disruptions to Russia’s gas supplies, the European Commission on Wednesday proposed a…
Gas imports decreased by 14%, production by 5.6%, between January and May
Romania imported, in the first five months of 2022, a quantity of usable natural gas of 930,500 tons of oil…
ANRE fined 24 energy companies by 11 mln. lei
The National Energy Regulatory Authority applied contravention sanctions in a total amount of almost 11.2 million lei to a number…
INS: Natural gas distribution network expanded by 4.3% in 2021
The length of the natural gas distribution network was of 45,444.9 km in 2021, up 4.3%, according to data released…
IMF: Ending Russian gas supplies would cause a severe recession in Europe
The cessation of Russian gas supplies would cause a severe recession in Eastern Europe and Italy, if countries around the…
Energy Minister: The loading factor of gas deposits is of 50%
The loading factor of gas deposits is currently of 50%, more than our country assumed for August 1, wrote on…
BASF and MAN Energy – partnership for construction of one of the world’s largest heat pumps
BASF and MAN Energy Solutions have entered into a strategic partnership to pursue the construction of an industrial-scale heat pump…
Shahrad Adjili: Kawasaki is the first company to operate a complete CHP application on 100% hydrogen
After the disaster from Fukushima in 2011, the Japanese Government decided to change the fuel mix and concentrate on hydrogen…
Hans Korteweg, COGEN: We want to see support for energy efficiency in the entire value chain
Cogeneration transforms about 90% of energy into electricity and heat for factories, buildings, industry and homes, said Hans Korteweg –…
KREIF: 119 mln. lei financing from OTP Bank for the development of new Rompetrol gas stations
The Kazakh-Romanian Energy Investment Fund (KREIF) recently contracted a financing from OTP Bank Romania, in the amount of 119 mln.…
MyAuchan will reach 280 stores inside Petrom gas stations this year
OMV Petrom and Auchan Retail Romania have opened 200 MyAuchan stores in Petrom stations so far, half of the total…
AEI: Romania has reached a level of gas deposit loading of 47%
Romania benefits from imported gas nowadays and has reached a level of gas deposits loading of 47%, it is shown…
Gas prices have risen by almost 90% in the last year, fuels up 41%
Gas prices have risen the most in the last year, given that tariffs were 89.5% higher in June this year…
France’s industry moves to oil out of fear of a Russian gas cutoff
France’s energy-serious industry is accelerating alternate courses of action and changing their gas boilers over completely to run on oil…
Gazprom cut gas supplies to OMV by 70%
The Austrian energy group OMV announced on Monday that it receives from the Russian group Gazprom a quantity of natural…
Energy exports brought Russia’s current account surplus to a record value in Q2
Russia’s current account surplus hit a record high of $70.1 billion in the second quarter, as explosive growth in energy…