Romgaz hydrocarbon production rose 11.2% last year
Last year, Romgaz recorded a hydrocarbon production of 32.53 million barrels equivalent to oil (boe), 11.2% higher than that reported…
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Biden says Nord Stream 2 won’t go forward if Russia invades Ukraine
President Joe Biden and German Chancellor Olaf Scholz had an awkward exchange with a reporter Monday at the White House…
Cristian Păun: We need to reduce diesel taxes
Economic analyst Cristian Păun supports the need to reduce excise duties on diesel, according to a position on the social…
Bankwatch: Progress in green recovery through PNRR, slowed by investment in fossil fuels
EU Member States’ efforts to target 672 billion euro in recovery and resilience funds to climate action are undermined by…
New gas distribution networks for 45 localities to be financed with European funds through the POIM
The Managing Authority for the Large-Scale Infrastructure Operational Programme (POIM) in the Ministry of European Investment and Projects announced the…
Verchere: High gas prices are not reflected in profit, with a tax rate of 47%
High gas prices are not reflected in OMV Petrom’s results due to extremely high taxation – in 2021, the effective…
Bogdan Aurescu: Gas crisis in Moldova – case study for Russia’s hybrid war
Bogdan Aurescu, the Romanian Foreign Minister, spoke in a CNN interview about the natural gas crisis in the Republic of…
EC: Debate on the inclusion of gas and nuclear in the taxonomy
The European Commission on Wednesday debated the proposal to classify nuclear energy and gas as green sources of energy transition,…
ICGB will auction the free capacity of the IGB pipeline via the PRISMA platform
The project company ICGB, responsible for the implementation of the interconnector Greece-Bulgaria signed a contract with PRISMA European Capacity Platform…
Bulgaria: 78 mln. euro EU grant to expand gas storage facility
A project to expand the underground gas storage facility in Chiren, northwestern Bulgaria, will be funded with a 78 million…
CE Oltenia asks 800 million euros from the Modernization Fund for two new gas-fired power plants
Oltenia Energy Complex has submitted applications for funding from the Modernization Fund budget for the two natural gas power plants…
EU: Divided on the classification of nuclear and gas projects as green investments
The European Commission (EC) proposes to classify nuclear and gas projects as green investments, under certain conditions, according to an…
Russia denies stopping gas supplies to Europe if sanctions are imposed
The Kremlin has dismissed fears that Russia could shut down its gas pipeline to Europe in the event of sanctions…
EU is examining energy supplies, including from Gazprom
Gazprom’s decision to limit supply despite rising demand is a significant challenge and has prompted regulators to look into energy…
Ukraine gas transit down 25% in 2021, flows to Romania resumed at low speed
As Gazprom resumed transit towards Romania via Republic of Moldova and Ukraine, flows are still weak and reflect a poor…
Alexandr Nikolov: Bulgaria loses money due to delays in completing gas interconnection with Greece (Euractiv Bulgaria)
Bulgaria continues to be depleted of revenue because of persistent delays in completing the gas interconnector with Greece, energy minister…
Gazprom has sued the EU for violating the Energy Charter Treaty
The European Commission strongly disputes that the EU Gas Directive infringed any provision of the Energy Charter Treaty, as Nord…
Petrobrazi Ploieşti Refinery, affected by a voltage variation
Several installations of the Petrobrazi Ploieşti refinery, owned by OMV Petrom, were stopped and restarted, due to a voltage variation…
Termoenergetica refuses to pay the increased gas bills, sues Tinmar
Bucharest Thermal Power Company Termoenergetica received on December 17 from its supplier, Tinmar Energy, a notice of disconnection of 48…
Transgaz readies a JV with a multinational investment fund for hydrogen projects worth hundreds of millions of euro
The operator of Romania’s natural gas transmission system, Transgaz, wants to partner with the Investment Fund of the Three Seas…
Putin: Russia is not to blame for high gas prices in Europe
Russian President Vladimir Putin said on Thursday that it was unfair for Moscow to be blamed for record prices for…
OMV Petrom: Employee remuneration is at competitive levels for the relevant oil and gas industry
The remuneration of OMV Petrom employees is at competitive levels for the relevant oil and gas industry and includes fixed…
RIGC 2021: Black Sea Resources, essential for energy security and the green transition in Romania
The resources discovered in the Black Sea offer Romania the chance to become the main producer of natural gas in…