OMV Petrom’s gas production fell 14.5% in Q4
OMV Petrom’s gas production was 14.5% lower in the last quarter of last year (Q4) compared to the same period…
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Enterprise Investors to back the expansion of Ekoenergetyka-Polska
Polish Enterprise Fund VIII, a private equity fund managed by Enterprise Investors (EI), is to acquire a significant minority stake…
Ministry of Energy wants 50% of the gas price to be offset from the state budget
Ministry of Energy wants to increase the level of gas price compensation from 33% to 50% or more and is…
More than 45% of Engie’s customers did not meet the legal requirements to reduce their bill
Over 45% of Engie Romania’s customers did not meet the eligibility conditions established by law to benefit from capping and…
ANPC establishes the Energy Command, to verify the irregularities in the bills
The National Authority for Consumer Protection (ANPC) establishes the Energy Command, as a result of the large number of complaints…
Gov’t asks Prosecutor’s office to investigate rising energy and gas prices
Romanian Minister of Justice, Cătălin Predoiu, sent to the General Prosecutor Gabriela Scutea on Thursday, January 13, 2022, an address…
Pro Consumers Association requests the dismissal of the Minister of Energy
Pro Consumers Association (APC) is asking Prime Minister Nicolae Ciuca to dismiss Virgil Popescu, the Minister of Energy, on the…
Foreign direct investment rose by more than 186% in the first 11 months of 2021
Direct investments of non-residents in Romania rose by 186.44% in the first 11 months of 2021, to 6.866 billion euros,…
New support scheme for the population’s energy bills, from April 1. VAT on energy drops to 5%
Prime Minister Nicolae Ciuca announced that, from April 1, a new support scheme will enter into force for household consumers…
EDPR changes global operating model and renews management team
EDPR has implemented a new operating model focused on growth and development in its main regions, with the aim of…
MOL acquires more than 400 gas stations in Poland, sells 185 to PKN Orlen
MOL enters the Polish market by acquiring 417 LOTOS service stations nationwide for USD 610 million. Thus, MOL has the…
Nicolescu: State aid for the payment of energy bills must be given differently, economic agents must not be forgotten
Energy price increases go from 65% -70% to the state budget, directly or indirectly, and this money must be given…
ANRE: Energy suppliers are obliged to give clear explanations to consumers about the value of the bill
Final consumers who have doubts about the value of the invoice should first contact the supplier, who is obliged to…
World Bank: Romanian economy expected to advance 4.3% this year
The Romanian economy is expected to grow by 4.3% this year, compared to a 4.5% advance forecast in June 2021,…
Ministry of Energy published the list of investments that can be financed from PNRR and the Modernization Fund
The Ministry of Energy has published the list of investments that can be financed starting this year with funds from…
NBR: 70% of the inflation index component is determined by energy prices
The National Bank of Romania is trying to anchor inflationary expectations, by raising the monetary policy interest rate and to…
Romgaz: Neptune Deep deal needs clarifying some issues
The signing of the sale-purchase contract for ExxonMobil Exploration and Production Romania Limited shares has not yet taken place, as…
Rompetrol – 100 job openings in Retail for youth leaving the state care system
Rompetrol Downstream, the retail distribution company of KMG International, operating a network of 165 stations across Romania, opens 100 jobs…
Bankwatch launches a call for the study on the energy potential in Motru
To support the local authorities in the energy transition by replacing the current inefficient system, Bankwatch Romania Association opens a…
Eurostat: EU greenhouse gas emissions – down 24% since 2008
The greenhouse gas emissions generated by the economic activities of the resident units of the European Union stood at 3.5…
Nuclearelectrica has joined the HartaEdu project as a strategic partner
Nuclearelectrica has joined the HartaEdu project, as a strategic partner of the Narada association, to facilitate the access of as…
Ukraine gas transit down 25% in 2021, flows to Romania resumed at low speed
As Gazprom resumed transit towards Romania via Republic of Moldova and Ukraine, flows are still weak and reflect a poor…
ECB may have to intervene if energy prices continue to rise
European Central Bank (ECB) may have to intervene if energy prices continue to rise to curb inflation, Isabel Schnabel, a…