From 2021, the reference gas price will be calculated by ANRM based on the transactions in Romania
At the beginning of 2021, the National Agency for Mineral Resources will amend Order 32/2018 to introduce as reference the…
Lukoil accuses Romanian state of killing competition in fuel market through a centralized auction
An auction that can rise over 4 billion lei through which the state wants to ensure for the first time,…
Volintiru: Romgaz wants to double its turnover in the next seven years
Romgaz’s strategy envisages multiple investments, leading to a doubling of the company’s turnover in the next seven years, the company’s…
Sterian: Hungarians want to take a stress test for the BRUA pipeline on December 2
The Hungarian gas transport company, FGSZ, sent a letter to Transgaz announcing a stress test on the BRUA pipeline on…
Verchere: The completion of BRUA is a great success, the gas pipeline is fundamental
The completion of the BRUA pipeline is a great success, given that this gas pipeline is essential for Romania’s energy…
Dan Dragan: There are companies interested to enter offshore gas operations
Dan Dragan, Secretary of State in the Ministry of Energy, says that there are important companies that want to enter…
Transgaz publicly accuses delays in the development of the Vertical Corridor
“I assure you that the BRUA pipeline will operate and transport gas,” said General Manager of Transgaz Ion Sterian at…
Andreas Goldthau: The green race is on and the winners will be those who have the solutions and the intellectual property rights
A focal focus on natural gas infrastructure may put the region at a comparative disadvantage, warns Professor Andreas Goldthau from…
Moldovagaz prepares investments of 19 million euros in 2021
For 2021, Moldovagaz planned investments of about 385 million lei (about 19 million euros), said Vadim Ceban, president of the…
The government works with the Competition Council and the European Commission on the future support scheme for cogeneration
The Romanian natural gas sector could benefit from the construction of new high-efficiency cogeneration units. The Ministry of Economy, Energy…
A new contract between Transgaz and Gazprom is in the final phase
Transgaz announced the completion, on Sunday at 16:15, of the works on the company’s most important investment project, worth almost…
The Republic of Moldova continues to advance in adopting the European energy regulatory framework
One of the main objectives of the Government of the Republic of Moldova is to ensure the final energy consumption,…
OMV Petrom: Investments of 21 mln. euro in Petrobrazi to increase the mixing capacity of biofuels
OMV Petrom, the largest energy company in South-Eastern Europe, has invested around 21 million euro at the Petrobrazi refinery to…
Popescu: Romgaz can take over Exxon’s stake in Neptun Deep, has a larger financial capacity than Petrom
Romgaz has a larger financial capacity than Petrom and can take over the entire participation of ExxonMobil in the Neptun…
Gal, ANRM: Oil royalties fell by about 21% in the first 9 months
In the first nine months of the year, oil royalties fell by about 21 percent, primarily due to declining oil…
Niţă, FPPG: The establishment of a central fuel storage entity can prepare Romania for difficult times
The storage of petroleum products in our country would be useful, as well as the establishment of a central storage…
Romgaz reported a net profit of 941 million lei in nine months, down 20%
Romgaz Group registered in the first 9 months of 2020 a turnover of 2.9 billion lei, down by 23.01%, respectively…
Romgaz could enter foreclosure procedures for not paying dividends to the state
Romgaz estimates that it may enter enter foreclosure procedures by the National Agency for Fiscal Administration (ANAF) for not paying…
ANRE has approved the regulation by which consumers are connected without initial costs to the gas network
The National Energy Regulatory Authority (ANRE) has approved the regulation that obliges distributors to finance the network connection works to…
Competition greenlights Rompetrol to take over nine gas stations from Comision Trade
Competition Council has authorized the transaction through which Rompetrol Downstream takes over the right of use over nine fuel distribution…
Orban: Transgaz has planned investments worth 1.1 bln. euro for this year
Transgaz has investment projects worth 1.1 billion euro for this year, aimed at achieving not only objectives of national interest,…
Less than 40% of schools are connected to the natural gas network – Efficient Romania
1,874 schools (16% of the 11,571 which reported their status on access to utilities) do not have running water in…
Verchere: OMV Petrom continues to support the Efficient Romania program until 2022
OMV Petrom will continue to support the Efficient Romania program until 2022, said Christina Verchere, CEO of the company, during…