Sighetu Marmației – Vişeu de Sus – Borșa gas pipeline, a project of national importance
During the Government meeting on Wednesday, May 27, the Government Decision was adopted by which the investment project “Natural gas…
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FPPG: Recovery of the oil and gas sector, a joint effort of the state and industry
The oil and gas industry recognizes the shared responsibility in managing the health crisis and is ready to contribute in…
ANRE amends the Regulation for measuring the quantities of natural gas traded in Romania
The National Energy Regulatory Authority (ANRE) approved on Wednesday amendments to the Regulation for measuring the quantities of natural gas…
EC: Public consultation on the trans-European energy infrastructure
The European Commission has launched on May 18th a public consultation to seek input on the revision of the Regulation…
Transgaz profit increased by 5% in Q1
Transgaz’s net profit increased by 5% in the first quarter (Q1) of this year, reaching 201.8 million lei, the reduction…
MOL Group reported an USD 152 mln. net loss in Q1
Today, MOL Group announced its financial results for Q1 2020. Large inventory and foreign exchange losses resulted in MOL reporting…
Transgaz distributes 52% of net profit as dividends
The company that operates the national natural gas transmission system, Transgaz, will distribute a gross dividend of 15.47 lei/ share.…
ANRE Order: Transgaz would control the connection works to the gas transmission system
A draft order of the National Energy Regulatory Authority (ANRE), about the connections to the gas transportation system, a deal…
Transgaz reports the first incidents related to SARS-CoV-2; almost 1,100 people work on its construction sites in Romania
Three people involved in Transgaz’ investment works have been in isolation since Saturday, April 4, after they contacted members of…
Hungary announces a new gas pipeline
Hungary announces the creation of a new pipeline that will increase the transport capacity from Serbia by 60%, according to…
Transgaz teams continue to work on development projects; over 550 people work at BRUA
So far, all the development projects of Transgaz are carried out normally, announces the operator of the national natural gas…
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…
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…
Romania is considering access to the Southern Gas Corridor
Romania is considering ensuring its access to the Southern Gas Corridor, reveals a statement from the Ministry of Economy and…
ANRE seeks consultant to establish the rate of return for energy transportation and distribution – deadline on February 28th!
The National Energy Regulatory Authority – ANRE intends to purchase consultancy services regarding the calculation elements of the weighted average…
Competition investigates Transgaz on organizing cartel offences regarding the participation in auctions
The Competition Council is currently examining whether Transgaz had a responsibility in organizing cartels that included companies that agreed upon…
Transgaz: The national gas transport system, in pre-alert state
The national gas transmission system (SNT) was in the pre-alert state on Friday morning, according to the indicator showing the…
Transgaz loses 435 mln. lei in operating revenues in 2020, profit decreases by 65%
Bogdan Tudorache Transgaz proposes to shareholders to approve, at the general meeting (GSM) of March 4, a budget of revenues…
Conpet has budgeted for 2020 revenues of 460 million lei and a profit of 55.4 million lei
Conpet Ploieşti, a national oil carrier owned by 58.7% of the Romanian state, has budgeted a net profit of 55.4…
Seele: OMV does not expect Nord Stream 2 construction to resume soon
Austria’s OMV does not expect construction of Nord Stream 2 gas pipeline to resume soon, the oil and gas company’s…
The national gas and electricity transmission system operate under normal parameters
The national gas and electricity transmission system is operating under normal parameters, and Romania is not facing any particular problems…
Transgaz signed the MoU on the development of gas networks in Eastern Europe
Transgaz has signed the Memorandum of Understanding on the Partnership for the Development of Natural Gas Networks in Eastern Europe…
Transgaz: The capacity made available on all interconnection points is of 44.2 mmc daily
The firm capacity made available by Transgaz on all the interconnection points with the adjacent transport and system operators (TSOs)…