ROPEPCA: We will have further meetings with members of government and parliament on GEO 114
Although Ordinance 114 will affect mostly the small and medium-sized producers in the gas sector, with their investment in exploration…
Profit capped at 5% for electricity produced for households in portfolios of the suppliers of last resort
The National Regulatory Authority for Energy – ANRE approved Order no. 10/2019 on Pricing methodology for electricity sold by producers…
Bogdan Badea: Hidroelectrica has nothing to win from GEO 114/2018
Bogdan Badea, Chairman of the Hidroelectrica Directorate, announced the withdrawal of the 5-years investment plan worth more than 5 billion…
The Coalition for Romania’s Development asks the PM to withdraw the GEO 114/2018 – arguments on the energy sector
In an open letter to Romanian Prime Minister Viorica Dăncilă, the Romanian Development Coalition asks the Government to repeal Emergency…
A. Volintiru: GEO 114/2018 cuts 20% to 25% from revenues and profit of Romgaz in 2019
UPDATE 31.01.2019 In a press release sent to the Bucharest Stock Exchange on January 31, Romgaz comes up with some…
GEO 114/2018 begins to shake under the reality check
Almost one month after the adoption of OUG 114/2018, the main opposition party calls for the urgent abrogation of the…
New record-prices on the day ahead market signal slow flexibility in the national power system
Power prices on the OPCOM Day Ahead Market – DAM reached new record levels, at a medium level 411 lei/MWh…
The GEO still not published on the Official Gazette; ANRE doubles to 0.2% the contribution from licensed companies
UPDATE GEO 114/2018 was published in the Official Gazette from December 29th. Initial article The GEO to increase taxation in several economic…
Financial Times: Romania shocks investors with bank and energy tax plans
Romania’s government announced a swath of corporate taxes as part of a plan to raise 10 billion lei (€2.1bn) to…
Proposed fiscal measures are a ticking bomb for the Romanian economy
Fondul Proprietatea is highly concerned by the draft Government Emergency Ordinance (GEO) regarding fiscal and budgetary measures, published on 18…
ROPEPCA: Capping of the price for natural gas from domestic production is a counter-competitive measure
The Romanian Petroleum Exploration and Production Companies Association – ROPEPCA is deeply concerned about the intention to cap the domestically…
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