Romgaz and Nuclearelectrica will transfer only 50% of the profit to the state
Romgaz and Nuclearelectrica, vital for Romania’s electricity and natural gas supply and with massive ongoing investment projects, will be exempted…
OMV, an investor in the Nord Stream 2 project, convened the crisis team on Monday
OMV held a meeting of the crisis team on Monday, a spokesman for the Austrian energy group announced, Reuters reports,…
Germany will accelerate plans to reduce its dependence on Russian gas
Germany will implement plans to build two new liquefied natural gas (LNG) terminals and also increase its natural gas reserves…
L. Orban: If resources are exploited efficiently, Romania does not need Russian gas in the hot season
The leader of the Force of Right Party, MP Ludovic Orban, considers that Romania does not need Russian gas in…
Romgaz’s profit increases by 52% amid rising gas prices
SNGN Romgaz SA posted a preliminary net profit of 1.90 billion lei for 2021, up 52% compared to the previous…
Transgaz: Level net result, appointment of the chairman of the Board – Petru Văduva
The Transgaz National Natural Gas Transmission Company registered a net profit of 166.938 million lei last year, 1.03% higher than…
Republic of Moldova declares state of emergency, fuels are becoming more expensive
The Republic of Moldova is entering a state of emergency, announced on Thursday the President Maia Sandu, who asked in…
AEI: The price of gas has risen sharply on the BRM by 12% in the last two days
The price of natural gas has risen sharply on the Romanian Commodity Exchange (BRM) by 12% in the last 2…
Transgaz: There are no problems with Romania’s gas imports through Ukraine
Romania’s gas imports through Ukraine are normal and, if there are interruptions, the gas flow can be easily redirected through…
EU: Gas prices rise 41% after Russia attacks Ukraine
European benchmark gas prices rose 41 percent on Thursday after Russian forces attacked targets in Ukraine and the West promised…
Anghel, on excise duties on fuel: We are at the minimum threshold agreed by the EU
I don’t think a halving of the excise tax on fuels is possible, because Romania is already at the minimum…
OMV Petrom and Tinmar want to build new solar and gas power plants together with CE Oltenia
OMV Petrom and Tinmar will be the partners of the Oltenia Energy Complex in 9 of the 10 projects of…
Gas-exporting countries are sending a message of calm to the markets in the context of the new crisis
Heads of state and government in the main gas-exporting countries sent a message of calm to markets in Qatar on…
Ukraine deems the blocking of Nord Stream 2 as a correct step
Ukrainian Foreign Minister Dmitro Kuleba on Tuesday described as morally and politically correct the step taken by Germany to block…
Russia among the three countries providing most of the LNG for Europe
In 2021, a large share of Europe’s supply of liquefied natural gas (LNG) originated in the United States, Qatar, and…
Ministry of Energy is in talks with many external partners to diversify gas sources
The Ministry of Energy has had numerous meetings with foreign partners to diversify gas sources and ensure independence from Russian…
Gas prices have risen by more than 10% since Russian troops advanced into serparatist areas
European benchmark natural gas prices rose by 13% on Tuesday, following a general upward trend in commodity quotations, after President…
Minister of Energy: We will not have problems with gas supply in case of a conflict in Ukraine
A conflict in Ukraine will not lead to problems in Romania’s gas supply, which can ensure its entire consumption from…
Suppliers are asking the government to help consumers directly from April 1
The Romanian state should help consumers directly, not through suppliers, as is happening now, as energy companies have not yet…
New price control measures unveiled in Coalition on Tuesday – Offshore law to speed up
The reduction of VAT to 5 percent and the capping of suppliers’ profit margins to a maximum of 5% are…
Gov’t made the first payments to suppliers
The Minister of Labor, Marius Budai, said that on Monday the first nine payments were made to the suppliers who…
EU demand for long-term contract reduction makes Russia winning high spot gas prices
The European Union’s demands on Russia to reduce the number of long-term gas contracts concluded and to sell on the…
XTB: Exceeding the $100 a barrel threshold is almost a certainty
Brent’s $100 a barrel threshold is almost certain, and more and more opinions are now suggesting that $125 a barrel…