Electrica and OMV Petrom launched their pilot project in fast charging for electric vehicles
Electrica and OMV Petrom Marketing inaugurated their first system of fast charging for vehicles, part of a pilot project in…
Romania’s consumption of Russian gas grew more than seven fold
Romania bought last year from Gazprom about 1.48 billion (bln) cubic meters of natural gas, 740% more as compared to…
Minister of Energy: Wind turbines, essential for covering the consumption peak
The wind turbines have been estimated to ensure a 2.000 MW production on late Tuesday evening, helping to cover the…
No gas transit from Bulgaria, as Romania increases its power exports to Hungary
Bulgaria has halted gas transfers to Romania, following a similar measure taken by Bucharest for the export of electricity, in…
Gazprom intensifies EU expansion, due to growing gas demand
Russian energy group Gazprom said on Monday that in 2016 its exports of natural gas to countries which are not…
Energy consumption grows by up to 35% due to bad weather
The consumption of electricity and gas at national level will reach record values on Monday and on Tuesday, but the…
FP, Romgaz and OMV Petrom, among most traded shares in December
In December 2016, the five most traded shares at the Bucharest Stock Exchange (BVB) were Banca Transilvania (TLV), Fondul Proprietatea…
Ellen Wald: 2017 energy outlook – 4 must-follow focuses for investors
There are four important focuses for investors this year, writes Ellen R. Wald for Forbes. First of all, investors should…
Viorel Ştefan: Royalties law will include a 20% tax on profits obtained from processing local resources elsewhere than Romania
The legislative package regarding the taxation in the field of hydrocarbons will contain, in addition to a new formula for…
The boldest oil price predictions for 2017
Predicting where oil prices would go next month or next year has always been a game of hit and miss,…
Legislative changes for local and regional energy security (Varinia Radu, CMS România)
VARINIA RADU Partner CMS, Head of Oil&Gas in Central and Eastern Europe Romania has the largest reserves of natural gas…
When will we fully liberalize the gas market?
The Government issued an emergency ordinance making two amendments to the gas law. The first amendment refers to article 124,…
Experts advocate for a systematic geologic research of the Romanian unconventional resources
Romania has a quite large inventory of unconventional continuous plays in the Paleozoic, Mesozoic, and Cenozoic periods mainly in the…
First commercial announcement from the Black Sea – end of 2017, at best, first gas in 2019
At least 5 promising discoveries have been made in recent years at the Black Sea, starting from 2008, still no…