Popescu: The liberalization of the gas and electricity markets will continue according to the calendar
The Minister of Economy, Virgil Popescu, says that even in the current context of the coronavirus pandemic the gas and…
Oil industry demands special measures from the Government to prevent fuel supply from being affected
The Federation of Oil and Gas Employers has published a message asking the Government for some derogations from the current…
OMV to sell its 287 gas stations in Germany
The Austrian energy company OMV wants to sell its 287 gas stations in Germany. The company announced its intentions in…
Oil rises over 3% but set for biggest weekly thumping since 2008
Oil prices were set for their worst weekly drubbing since the 2008 financial crisis, despite rising over 3% on Friday,…
Chisăliță: Gas liberalization might be delayed; there is no political will for it
Bogdan Tudorache The liberalization of the gas market from July 1 may not take place, since there is no political…
General maintenance of the Petromidia refinery, programmed by Rompetrol Rafinare
Rompetrol Rafinare, a member company of the KMG International Group, will stop between March 13 and April 30, 2020 the…
Polish gas firm PGNiG sees tough 2020 as virus disrupts prices
Poland’s state-run gas company PGNiG expects 2020 to be very difficult because of the coronavirus-driven fall in oil and gas…
Romgaz helps the Romanian Red Cross with 1.25 mln. lei in its fight against the coronavirus
Thanks to the help of Romgaz, the Romanian Red Cross acquires and distributes 1 million medical masks for protection against…
V. Popescu: There is no cause for concern regarding the supply of electricity and gas to citizens
Virgil Popescu, Minister of Economy, Energy and Business Environment today convened the Emergency Command at the level of the Ministry…
Petrom cut fuel prices by 0.10 RON per liter
Petrom, the leader of the fuel distribution market, on Tuesday reduced the prices of fuels sold in its own network…
Oil jumps 10% following worst day since 1991
Oil prices surged higher on Tuesday following reports that ongoing talks between OPEC and its allies, known as OPEC+, remain…
ANRE: Gas imports increased by 12% in December 2019
Romania imported in December 2019 an amount of 3,493,356 MWh of natural gas, 12% more than the same month of…
Oil prices rebound after ‘Black Monday’ shocks, but outlook volatile
Stocks and oil prices have steadied and even bounced back after a “Black Monday” that saw them fall dramatically. Coronavirus…
Exxon plans for new offshore gas in Australia at the beginning of 2021
Exxon looks to push forward with production of offshore gas in Australia, in 2021. The West Barracouta project, located in…
Oil plummets over 20% as OPEC deal failure sparks price war
Oil prices plunged 30% in early trading after OPEC’s failure to strike a deal with its allies regarding production cuts…
EU Commission accepts commitments by Transgaz to facilitate natural gas exports from Romania
The European Commission announced it issued the Decision approving the commitments proposed by Transgaz in the AT investigation. 40335, to…
Popescu: OMV will not withdraw from the Black Sea project
Designated Minister of Economy, Virgil Popescu, claims that the issue of withdrawal from the Black Sea was not even approached,…
MOL is seeking top graduates for the GROWWW 2020 program
The MOL Group announces the opening of the application period for the next edition of its award-winning talent recruitment program,…
Bulgaria agrees deal to cut price of Russian gas imports by 40%
Bulgaria has agreed a 40% cut in the price of gas it imports under its long-term contract with Russia, its…
ANRE draft Order: New obligations for gas supply on centralized markets
ANRE has launched in public debate a draft Order [HERE in Romanian] on the obligation to supply natural gas on…
ANRM is considering splitting Round XI: 22 onshore oil fields could be auctioned before offshore
The National Agency for Mineral Resources (ANRM) is considering the division of the XI round of tenders, so that the…
Transgaz and EBRD have signed a MoU on cooperation and investment support
Transgaz and the EBRD (European Bank for Reconstruction and Development) signed a memorandum of understanding on cooperation and support for…