High prices hurt, but they can be the driving factor behind energy progress
High energy crisis are affecting economies and companies but they can be the driver of progress in the energy sector.…
The Bulgarian Chamber of Commerce and Industry supports less formalities for installing PVs
Bulgarian Chamber of Commerce and Industry raised its voice on the need of diversifying the gas supply sources right after…
Romania seeks ways of cooperation with Bulgaria on the energy field
Romania is interested in getting involved in the second phase of the development of the Southern Gas Corridor alongside Bulgaria,…
RIGC: Energy ministers of nine SEE countries met in Bucharest to ensure security of supply
Ministers of nine South East Europe and Caucasus region countries including Romania have met today in Bucharest to solve the…
Verchere: We need stability in the Offshore Law to extract gas from the Black Sea
OMV Petrom needs clarifications related to stability regarding the provisions of the Offshore Law, in order to start gas extraction…
Refineries in Romania have found alternative sources to Russian crude oil
Refineries in Romania have found alternative crude oil to the Russian one, considering that in December the embargo on petroleum…
Bulgaria holds LNG tenders in the absence of progress in talks with Gazprom
The gas distribution company Bulgargaz will launch three tenders for liquefied natural gas on Tuesday, with the idea of avoiding…
Gas imports fell by 17.3% in the first 7 months of 2022; production decreased by 4.9%
Romania imported, in the first seven months of 2022, a quantity of usable natural gas of 1.301 million tons of…
Gas price soars 20% since the beginning of the year, diesel by 37%
The price of gasoline has increased by 20% since the beginning of the year, and that of diesel, by 37%,…
Gehrig Schultz, EPI Group: Oil and gas still have a role to play in the future energy mix
As the world pushes for the quick replacement of fossil fuels with renewables, we have to think about how this…
Romania has the resources to alleviate the current energy crisis
Romania has the tools and technical conditions to develop its production and storage capacity in order to achieve energy independence…
Stoica: More than 75% of the companies that trade gas at BRM have suspended their activity or are planning to
More than 75% of the companies that trade natural gas on the Romanian Commodity Exchange (BRM) have either suspended their…
The Romanian International Gas Conference (RIGC), the 5th edition – 21-22 September, Bucharest
The Romanian International Gas Conference (RIGC) is a high-level event bringing together a wide range of stakeholders from Member States’…
ACE Industrial Software advocates for “a change of mentality” in Romania
The adoption by Romanian industrial companies of the software solutions offered by providers such as Aveva represents “a change of…
Schneider Electric launches in Romania a software solution for increased performance in gas transport and distribution
Schneider Electric launched in Romania an integrated software platform intended for the natural gas transport and distribution sector along the…
Canada’s Tenaz Energy is looking for acquisition targets in the Romanian oil sector
The Canadian company Tenaz Energy is looking for opportunities to enter the Romanian oil and gas market. The company’s business…
Popescu: Romania did not oppose the gas price cap, called for a wider ceiling
Romania proposed at the extraordinary meeting of the Ministers of Energy from the European Union that the gas price ceiling…
Czech Government will also cap gas and electricity prices in 2023
The government in Prague has reached an agreement on capping gas and electricity prices in 2023, in order to mitigate…
Reference prices for natural gas in Europe are falling, before the EU intervention to solve the crisis
The price of natural gas in Europe fell for the third day, after the European Commission insisted on interventions on…
New extraordinary meeting of the European Ministers of Energy, on September 30
European Energy Ministers will meet again on September 30 in Brussels to examine the emergency measures proposed by the European…
About 500 gas stations are asking for 175 million lei for July through the compensation system
A number of 499 declarations regarding fuel compensation in the total amount of 174.52 million lei, related to the economic…
Virgil Popescu, from Brussels: We will adopt measures to reduce consumption, increase liquidity and reduce gas prices – overtaxation remains
The Minister of Energy, Virgil Popescu, responded from Brussels: the Union countries will adopt measures to reduce consumption, increase the…
Price of natural gas has returned below 200 euro for one Megawatt-hour
The price of natural gas in Europe fell on Thursday to 197 euro per Megawatt-hour, returning below the threshold of…