Transgaz shareholders approved a gross dividend per share of 14.82 lei for 2021
Transgaz shareholders approved, in the Ordinary General Meeting on Thursday, a gross dividend per share amounting to 14.82 lei, related…
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OMV Petrom’s fuel sales up 9% in Q1 2022 compared to Q1 2021
OMV Petrom’s total sales of refined products were 5% higher in Q1 2022 compared to Q1 2021 as a result…
Ionuț Ciubotaru, OMV Petrom: Romania can become an EU hub for blue hydrogen
Romania could become a “Blue Hydrogen Valley” in the European Union, as it has gas resources, carbon storage capacity and…
Electroservice RB has a scheme for the production of electricity and heat in small units to be financed by NRRP
NRRP represents an opportunity for the Romanian energy industry, said Răzvan Dedu, CEO of Electroservice RB, during the event „NRRP…
Cristian Athanasovici, Kawasaki: Industry needs cogeneration, which NRRP does not cover yet
NRRP does not cover cogeneration for industry yet, said Cristian Athanasovici, BDM, Kawasaki Gas Turbine Europe, during the event „NRRP…
Mihai Aniței, Metachim: The chemical industry has particularities that generate many financing problems
The chemical industry has particularities that require numerous clarifications when it comes to NRRP, said Mihai Aniței, President of the…
Ministry of Energy has initiated steps to develop a hydrogen strategy
Ministry of Energy has initiated steps to develop a national strategy on hydrogen energy production, in the context in which…
Rompetrol: Scheduled turnaround of the Petromidia refinery has come to an end
Rompetrol Rafinare, a member company of the KMG International Group, successfully completed the turnaround of the Petromidia Navodări and Vega…
Gas prices have risen as the EU looks at new sanctions against Russia
Reference prices for natural gas in Europe rose by 7% on Monday morning amid growing fears about gas supplies due…
Virgil Popescu: Energy resources must not be used as blackmail weapons
Romania supports the development of the Southern Gas Corridor and the partnership with Turkey in order to diversify supply routes,…
Transgaz, Nuclearelectrica and Romgaz will transfer only 50% of dividends, investments are prioritized
After Nuclearelectrica and Romgaz, the Government decided to exempt Transgaz from paying 90% dividends. Thus, 50% dividends will be paid…
Popescu: In order to reduce dependence on the Russian Federation, we need to complete the interconnections
The reduction of the dependence on the Russian Federation can be achieved faster if we hasten the completion of the…
A new gas pipeline between Turkey and Israel – the possibility of reducing dependence on Russia
A gas pipeline between Turkey and Israel is being discussed as one of Europe’s alternatives to Russian deliveries, but government…
EU Commissioner for Economy: If Russia cuts off gas supplies, we are ready to face the decision
The payment of Russian gas in rubles means a breach of existing contracts, and if Russia decides to suspend deliveries,…
Traders: There will be problems with the supply of petrol and diesel due to the war
Energy and commodity markets are in shock after Russia’s invasion of Ukraine, leading trading companies warned, warning that there could…
ING will no longer fund new oil and gas projects
Dutch banking group ING will no longer finance new oil and gas projects, ING energy director Michiel de Haan told…
Cîțu: Excise tax cut on fuel is no longer on the table of the governing coalition
The president of PNL, Florin Cîţu, declared on Tuesday that the reduction of the excise tax on fuel is no…
Minister: Starting this year, we will have an additional 1 billion cm of gas
Romania will have natural gas from other sources next winter, including from the Black Sea, and starting this year we…
Bulgaria-Greece pipeline will receive the first Azerbaijani gas molecule in September
Bulgarian Prime Minister Kiril Petkov says the Bulgaria-Greece gas pipeline will be up and running in September, according to BTA.…
World’s biggest oilfield contractors are quitting future Russia works
The world’s three biggest oilfield service providers are halting future work in Russia, in response to President Vladimir Putin’s invasion…
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…
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,…
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…