Bulgaria will not renew its Gazprom contract
Bulgaria will not renew its current gas supply contract with Russian group Gazprom in the context of the Ukrainian war,…
Energy price quadruples in February
The price of electricity on the spot market of the OPCOM exchange (Day Ahead Market – DAM) averaged 932 lei…
EU is considering a possible embargo on Russian oil, but states have different positions
Governments in EU member states will consider a possible embargo on Russian oil as European leaders meet this week with…
Government approves ordinance on capping and overtaxing, sharply criticized by opposition
The Romanian government is approving, today, the ordinance which provides for the capping of energy and gas prices for one…
Romanian Association of Alternative Fuels (ARCA) supports the transition focused on CNG, LNG and hydrogen
The Romanian Association of Alternative Fuels (ARCA), established on Thursday, March 17, at the initiative of several organizations and companies,…
Gas producers will be obliged to sell at a price set by the Government the quantities resulting from domestic production
Natural gas producers will be obliged to sell at a price set by the Government the quantities of gas resulting…
Natural gas suppliers, obliged to make stocks in depots, between April 1 and October 31
Natural gas suppliers will have the obligation, between April 1 and October 31, 2022, to establish in the underground natural…
EU summit draft backs urgent refilling of gas stores for next winter
European Union countries should immediately start refilling their gas stores to prepare for next winter and provide a buffer against…
Nagy-Bege: Prices have risen 2-3 times, energy efficiency has new meaning
Energy consumers will be helped from the state budget from April 1, but from next year they should reduce their…
Iohannis: Romania is willing to make its own gas infrastructure available
Romania is willing to provide its own infrastructure to diversify the supply of natural gas from multiple sources, in the…
Chirițoiu: Capping energy prices should be done at a level as high as possible and without compensation from the budget
The Competition Council recommended to the Government that a possible capping of energy prices be at the highest level, without…
IEA: There are high risks to the oil supply – possibly the biggest crisis in decades
The International Energy Agency (IEA) warned on Wednesday of the risk of “the biggest supply crisis” of oil in decades,…
Bujor, ITM Bucharest: We performed checks at 77 gas stations in Bucharest
The representatives of the Territorial Labor Inspectorate (ITM) Bucharest carried out controls at 77 gas stations in the Capital, during…
FPPG: Postponing investments in the Black Sea will lead to a series of new challenges for Romanians
The latest study on the specific taxation of offshore natural gas production in Romania, conducted by PwC Romania for the…
Rompetrol resumed refueling via Fill & Go service after last week’s cyber attack
Rompetrol’s IT-specific operations have been partially restored following a complex March 7 ransomware cyber attack. At the moment, the Fill…
Economy Minister: Ruling coalition considers reducing fuel excise tax
The ruling coalition is considering measures to help consumers, such as reducing fuel excise duties and zero VAT on food,…
Oil price – the lowest level in recent times, after negotiations between Russia and Ukraine
Oil prices continued to fall on Tuesday to a two-week low after talks between Russia and Ukraine eased fears of…
Slovenia caps fuel prices
The Slovenian government has decided to set the price of petrol and diesel at 1.503 and 1.541 euros per liter,…
INS: Natural gas prices have risen by almost 45% in 2021
Natural gas, edible oil, potatoes and fuel have become the most expensive in the last year, while the only reduction…
EU will tighten sanctions on Russian oil companies, but will not ban imports
EU member states are set to impose new sanctions on Russian oil companies Rosneft, Transneft and Gazprom Neft, but will…
EU splits on Russian oil and gas ban
In Romania, neither the government nor President Iohannis have spoken about a ban on Russian energy. However, they are nevertheless…
Gas prices continue to fall after Russia ruled out an export ban
Reference prices for natural gas in Europe fell on Friday, for the fourth day in a row, after Russia announced…
Brent oil prices have risen by more than 3% amid supply uncertainties
The price of a barrel of Brent oil supplied in May rose by more than 3% on the London futures…