Economy Minister: Ruling coalition considers reducing fuel excise tax
The ruling coalition is considering measures to help consumers, such as reducing fuel excise duties and zero VAT on food,…
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Oil price – the lowest level in recent times, after negotiations between Russia and Ukraine
Oil prices continued to fall on Tuesday to a two-week low after talks between Russia and Ukraine eased fears of…
Slovenia caps fuel prices
The Slovenian government has decided to set the price of petrol and diesel at 1.503 and 1.541 euros per liter,…
Simtel Team builds a photovoltaic installation for CTP Romania
Simtel Team announced the signing of a partnership with the developer of industrial and logistics spaces CTP Romania regarding the…
Chimcomplex reduces production, announces possible layoffs
Chimcomplex Borzești, the largest chemical plant producing polyols in Eastern Europe, announces measures to compensate for the negative impact of…
Romania has an electricity production capacity of 18,545 MW
Romania has a total electricity production capacity of 18,545 MW, most of which are hydro and coal-fired power plants, according…
Romania’s electricity consumption rose by 6.2% in January
The country’s final electricity consumption increased in the first month of this year by 6.2% compared to the same period…
INS: Natural gas prices have risen by almost 45% in 2021
Natural gas, edible oil, potatoes and fuel have become the most expensive in the last year, while the only reduction…
Suciu: Inflation has reached 8.5% in Romania, but it is a global phenomenon
Inflation rose in February 2022 in Romania as well, reaching 8.5%, but it is a general global phenomenon and the…
EU will tighten sanctions on Russian oil companies, but will not ban imports
EU member states are set to impose new sanctions on Russian oil companies Rosneft, Transneft and Gazprom Neft, but will…
Eclareon’s new research finds significant barriers to RES projects
The independent energy consulting firm eclareon has published a new first-of-its-kind report, identifying and assessing the barriers blocking wind and…
EU splits on Russian oil and gas ban
In Romania, neither the government nor President Iohannis have spoken about a ban on Russian energy. However, they are nevertheless…
CE Oltenia restructuring, greenlighted
The Emergency Ordinance on the establishment of the legal framework for granting state aid for the restructuring of the Oltenia…
Gas prices continue to fall after Russia ruled out an export ban
Reference prices for natural gas in Europe fell on Friday, for the fourth day in a row, after Russia announced…
BNS asks the Executive for concrete measures regarding Romania’s energy security
The National Trade Union Bloc (BNS) requests the Executive to convene the Tripartite National Council for Social Dialogue, with the…
Brent oil prices have risen by more than 3% amid supply uncertainties
The price of a barrel of Brent oil supplied in May rose by more than 3% on the London futures…
Ukraine: All nuclear power plants are operating stably; almost a million people without electricity
All nuclear power plants in Ukraine are operating stably, but staff at the Zaporozhye plant, captured by Russian forces, are…
MOL cuts fuel prices by almost 1 RON on Friday morning; prices fell below 9 RON/liter in Bucharest
The fuels sold in the MOL Romania network became cheaper by almost one leu (1 RON) on Friday morning at…
Oana Bucur, FPPG: Changing the Offshore Law, essential in unlocking major investments
Energy producers consider it essential to amend the offshore law that would allow the unblocking of major investments, such as…
Concordia: There are no premises for a rapid rise in fuel prices
We are witnessing an unjustified panic that has been reflected in queues at gas stations, despite the fact that there…
ANPC ponders confiscating profits generated by the gas stations following the sale at artificially increased prices
The authorities are considering the confiscation of the revenues made by the gas stations following the sale with artificially increased…
PwC: Cutting VAT to 5% would lead to a invoice decrease of about 12%
The accelerating rise in energy prices in recent months and the impact of the war in Ukraine require EU member…
Government announces sanctions for rising fuel prices
The responsible institutions will be firm in the checks they have to make in connection with the increase in fuel…