Minister of Economy: We will define the vulnerable consumer by year-end
The price of natural gas will decrease from July 1, regardless of whether the suppliers will do it from now,…
Rompetrol launches the Cashback service at its gas stations in Romania
Rompetrol Downstream, the retail division of the KMG International Group in Romania, launches a new service dedicated to individuals, through…
Dietsmann completes the acquisition of Karom, an important Romanian service provider for energy production facilities
Bogdan Tudorache Dietsmann, one of the leading global Operation & Maintenance providers for the energy industry, acquired the shares of…
Robert Chircă: Romgaz’s strategy aims at diversification, investments of 15.7 bln. lei, in the next 7 years
Romgaz’s strategy aims at diversification, involving investments of 15.7 billion lei, in the next 7 years, said Robert Chircă, Deputy…
CfD for renewables, nuclear, power storage and CCUS in Romania
Romanian Government approved the general principles regarding the implementation of Contracts for Difference. This opens the way for the Ministry…
Nagy-Bege (ANRE): The gas release program ensures non-discriminatory market access
Bogdan Tudorache Producers with a production volume of over 3 million MWh per year must offer 30% of output on…
Hunedoara Energy Complex’ insolvency complicates a major investment of Romgaz
The insolvency of the coal-fired energy producer Hunedoara Energy Complex (CEH), wholly owned by the Romanian state through the Ministry…
Romgaz: MoU for the development of “greenfield” investment projects in Romania
Romgaz Mediaș and Liberty Galati agreed to conclude a Memorandum of Understanding which envisages the establishment of a joint venture…
Competition: Liberalization of the gas market must lead to lower prices
In the context of the liberalization of the gas market for household consumers, the Competition Council points out that, both…
Changes in the Board of Directors of Rompetrol Rafinare
Bogdan-Cătălin Steriopol was appointed interim member of the Board of Directors of Rompetrol Rafinare, replacing Mihai-Liviu Mihalache, who resigned from…
Price reduction would follow the development of the Romanian Regional Gas Hub
This analysis is based on the PhD thesis “The Romanian Regional Gas Hub. Geographic, Economic and Geopolitical Aspects” Filip Negreanu-Arboreanu…
ROPEPCA warns with regards to a new blow against investments in the onshore Upstream
The Parliament adopted last week a draft law on the sales of agricultural lands in Romania (PL-x 336/2018). The adopted…
J.P. Morgan believes Brent crude could hit $190/barrel by 2025
J.P. Morgan thinks crude oil could hit $190/barrel by 2025, notes Cattle Drive Capital in an article published by seekingalpha.com.…
Polish competition watchdog sues Gazprom
Poland’s competition regulator UOKiK said on Wednesday it has started proceedings against Gazprom and could fine the Russian company some…
Oil, gas, coal could lose two-thirds of value by 2070
Business in oil, gas and coal is becoming increasingly unprofitable as global fossil reserves could lose around two-thirds of their…
Romanian state would lose 5 billion lei from excise duties in 2020 as a result of the reduction of fuel consumption by 20%
Domestic fuel demand will be reduced in 2020 by about 20%, estimates the main employer organization of oil and gas…
Virgil Popescu: Energy companies will make investments of about 12 bln. euro in five years, in line with the Green Deal
Minister of Economy Virgil Popescu issued an order asking all companies to approve by June 15 new 5-year investment plans,…
Concession of the first 22 new onshore perimeters in Round XI, in June
By the end of this month, the state will publish the announcement of the concession of the first 22 continental…
FPPG: Natural gas production in Romania, in danger
The obligation to supply natural gas on the centralized markets in Romania according to the ANRE Order 79/2020 with subsequent…
AEI: Suppliers largely keep gas prices above market levels for July 1
Although the liberalization of the gas market is fast approaching, out of 35 suppliers who sell regulated gas to household…
OMV Petrom launches a new edition of the “School of Petroleum Workers” program
OMV Petrom launches a new edition of the vocational education program “School of Petroleum Workers”. It is the first series…
Havrileţ: The natural gas market has the lowest level in terms of price
The natural gas market has the lowest level in terms of price, a historical level, so at present we are…
AIE calls for the establishment of a gas dispute resolution center
Bogdan Tudorache Although the liberalization of the gas market has been prepared for 15 years, there has been no consumer…