Depogaz: Auction for projects to increase storage capacity
Depogaz has put out to tender two projects to increase the capacity for storage, extraction and injection of natural gas…
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Germany will remove renewables subsidy from the bills
Amid rising global energy prices, consumers and companies in Germany will soon no longer have to pay a special surcharge…
Vîlceanu: PNRR cannot be renegotiated, but can be modified
The renegotiation of the National Recovery and Resilience Plan (PNRR) can only be done at the level of the entire…
US exporters of liquefied gas, the main winners of the energy crisis in Europe
US liquefied natural gas (LNG) exporters have become the main winners of Europe’s gas supply crisis, with February being the…
US announces ban on oil imports from Russia
US President Joe Biden has announced a ban on imports of oil and energy from Russia in response to the…
Romania plans 710 MW in new generation capacity this year
Prime Minister Nicolae Ciucă met with representatives of Romelectro, Hidroconstruct, Hidroelectrica, CE Oltenia and CE Hunedoara to identify solutions for…
EU drafts plan to ditch Russian gas
Europe needs to build up its renewable energy capacity and diversify its gas supply to end its dependency on Russian…
Fuel prices exceeded 8 lei per liter in Romania and 2 euro in Germany
The price of fuels in Romania has recently exceeded the threshold of 8 lei per liter, according to data analyzed…
EC allows the regulation of energy and gas prices
The European Commission confirms that, in this exceptional situation, Member States can regulate retail prices for electricity and gas for…
Republic of Moldova will not impose sanctions against Russia
The decision of the Republic of Moldova not to join the sanctions against Russia is justified, as the country is…
Russia warns that a barrel of oil could exceed $300 in the event of a joint embargo
Oil prices could rise to more than $300 a barrel if the United States and the European Union ban oil…
Bulgaria could request an exemption from any EU sanctions on imports of gas and oil from Russia
Prime Minister Kiril Petkov said on Monday that Bulgaria supports sanctions against Russia as a means of stopping the invasion…
EU could sell bonds to fund Member States’ defense and energy spending
The European Union will present a plan this week that provides for the large-scale joint issuance of bonds to finance…
The budget for ElectricUp ups to 600 million lei for 1,825 beneficiaries
The Ministry of Energy has published an additional list of 183 beneficiaries accepted in the ElectricUp program. They add to…
Energy and natural gas prices exceed all expectations, both in Romania and in Europe
The price of natural gas reached a new all-time high on the European market on Monday morning, after the US…
RockTech Lithium will invest 400 mln. euro in a battery parts factory in Romania
Romania will enter the map of major battery component manufacturers after signing a memorandum with a company that will build…
Chisăliță: The free gas connection program must be stopped, because it leads to price increases for everyone
Authorities should stop the program of free connection of Romanian consumers to the gas network, as this leads to higher…
Virgil Popescu: We are looking at all the possibilities of gas supply; we will not have problems
Romania is looking at absolutely all gas supply possibilities, and Azerbaijan is certainly a source and a natural gas supply…
ENGIE: Stopping energy imports from Russia would affect supply next winter
Any decision to stop energy imports from Russia in retaliation for Moscow’s invasion of Ukraine will affect France’s and Europe’s…
OMV joins large energy companies and withdraws from Russia
The Austrian group OMV announced on Saturday that it is withdrawing from Russia, being the latest energy company to make…
EU agrees to start the accession process of Ukraine, the Republic of Moldova and Georgia
The 27 EU member states agreed on Monday to start the process by which Ukraine, the Republic of Moldova and…
Rompetrol is victim of a cyber-attack; Fill&Go service is suspended, cash and card payments are functional
Last night, Rompetrol faced a complex cyber-attack, KMG International’s Communications and Public Relations Department announced. “We are in constant contact…
Blinken says US is working with European allies to look at ‘prospect’ of banning Russian oil imports
UPDATE WTI crude futures jumped to their highest levels since 2008 early on Monday, amid the risk of a Western…