AEI: Gas price reached huge values for March
The price of gas of the Romanian Commodities Exchange (BRM) Spot market marked huge values for March, reaching up to…
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OUG 114
ANRE asked the CNA to approve a message of public interest regarding the liberalization of the energy market
The National Energy Regulatory Authority (ANRE) has asked the National Audiovisual Council (CNA) to approve a message of public interest,…
Bege: It is illegal to force suppliers to deliver energy at the lowest price
Forcing suppliers to deliver energy to household consumers at the lowest price is illegal, as it would violate European regulations…
Havrileţ: Without a free energy market, there are no new investments
Without the liberalization of the energy market, investors will not come to build new power plants, in the context in…
Popescu: Romgaz can take over Exxon’s stake in Neptun Deep, has a larger financial capacity than Petrom
Romgaz has a larger financial capacity than Petrom and can take over the entire participation of ExxonMobil in the Neptun…
BRM: Gas prices have dropped steadily, interventions have negative effects
Bogdan Tudorache In the first quarter of the year, natural gas transactions showed a clear increase compared to the similar…
Enel’s profit in Romania drops drastically in 2019
The Italian group Enel announced for 2019 a net profit in Romania before the payment of interest and taxes of…
Azomures enters a general maintenance process due to GEO 114
The main fertilizers supplier for Romanian agriculture, SC Azomureş SA Târgu Mureş, announced on Thursday that it will discontinue its…
Virgil Popescu: We will have an excess of stored gas since March – the price will fall
Bogdan Tudorache Virgil Popescu, Minister of Economy, Energy and Business Environment, says he estimates a fall in the price of…
2020: When economic prudence will lead to improved performance
Thirty years after the fall of the communist regime, Romania seems to be well anchored in European values and on…
L. Orban directly accuses ANRE of maintaining the tax of 2% of energy through tariffs
Prime Minister Ludovic Orban accused ANRE management of taking measures contrary to those promoted by the Government, referring in particular…
Hidroelectrica’s investments were blocked in 2019 by the increase of the minimum wage in constructions
Hidroelectrica’s investments were blocked this year, after the minimum wage in constructions was increased, as a result of GEO 114/2018,…
Stroe, MET: Bilateral contracts are absolutely necessary, the market is moving in a normal direction
Bogdan Tudorache Bilateral contracts are absolutely necessary, and the elimination of the provisions of GEO 114 and the new orders…
ANRE received half a billion lei from the 2% contribution on the turnover of energy companies
In the first three quarters of this year, the Energy Regulatory Authority (ANRE) collected 498 million lei only from the…
Ludovic Orban: Our objective is to adopt the GEO 114 amendments by year-end
The government will try to correct the Ordinance 114, said on Wednesday, at a conference held at the Academy of…
Havrileţ (Ministry of Economy): Consumers will support the consequences for GEO 114
Emergency Ordinance 114/2018 caused chain losses throughout the energy sector, and the final consumers will be the ones who will…
Popescu: Energy and gas subsidies to the entire population of Romania must cease
Subsidizing the price paid by the entire population of Romania for energy and gas should cease and will continue to…
Cristian Păun, ASE: The gas industry is overtaxed
Bogdan Tudorache The gas industry has barely managed to regain ground after the crisis, says university professor Cristian Păun. The…
Cristina Pruna: The state received 1.93 bln. lei from natural gas production taxation, in the first eight months
The Romanian state received from the taxation of the natural gas production 1.93 billion lei, in the first eight months…
Oprescu (ARB), regarding the change of GEO 114: The tax on assets can be canceled; however, the IRCC amendment requires analysis
The modification of GEO 114 in order to eliminate the tax on bank assets can be done immediately, but changing…
Creţu (Elcen): I do not know how we will pass though the winter
There is no clear vision of investments in the energy sector and it is not known how we will spend…
Lungu, AFEER: Repealing GEO 114 would lead to a 20% increase in the price of electricity to the final consumer
The appearance of GEO 114 had no justification for the electricity market, said Ion Lungu, President of the Association of…
Aura Săbăduș, ICIS London: Gas prices will remain high due to market distortions
Romania has enough gas in stock for this winter, but most likely prices will remain high, said Aura Săbăduș, Gas…