German states urge strategy to secure gas for winter, crisis reserve
Germany’s federal states are calling on the government to develop an urgent strategy to ensure gas storage facilities are filled…
Chirițoiu: We are keeping an eye on what is happening on the fuel market, we are 16% below the European average
Fuel prices in Romania are now 16% below the European average, the president of the Competition Council, Bogdan Chirițoiu, told…
Oil prices fall amid optimism over US-Iran deal
Oil prices fell sharply on Wednesday, reaching their lowest levels in two weeks, after reports emerged that the United States…
Jude, Romgaz: Expiration of the administered price measure and Neptun Deep gas will lead to a real and fair price
The expiration of the administered price measure of 110 lei for the household consumer and Neptun Deep gas will ensure…
Works begin at Neptun Deep offshore pipeline
OMV Petrom, the largest integrated energy producer in Southeastern Europe, and SNGN ROMGAZ SA, the largest producer and main supplier…
OMV Petrom: Some gas stations may experience product unavailability situations; stations are being refueled quickly
Some gas stations may experience fuel unavailability situations due to demand, but these are one-off and short-term situations, with stations…
INS: Romania’s crude oil production fell 8.6% in the first two months; imports decreased by 17.8%
Romania produced, in the first two months of 2026, a quantity of crude oil of 379,700 tons of oil equivalent…
500 million euros for bioethanol, SAF, and HVO
The Ministry of Energy has opened a public consultation on a state aid scheme designed to support investments in biofuel…
Energy Efficiency – From Energy Production to Smart Energy Use (Cities of Tomorrow 2026 Roundtable)
The cities of the future will not be defined solely by how much green energy they produce, but by how…
Cristian Bușoi: Gas prices will remain high at year- end
Things are quite unpredictable because we are in an international crisis, and by destroying some production capacities, especially in the…
Ivan: A letter of compliance was received, Petrotel-Lukoil should start operating
The Petrotel refinery should start operating, because a letter was received from the American authorities, which had to be compliant…
TotalEnergies CEO warns of fuel shortage in Europe if blockade lasts another 2-3 months
The CEO of French oil company TotalEnergies, Patrick Pouyanne, warned that if the blockade in the Strait of Hormuz continues…
ELCEN has launched a tender for the new cogeneration plant at CTE Progresu, a total investment of 825 million lei
ELCEN has launched the procurement process for the EPC contract related to the project “Implementation of high-efficiency cogeneration units using…
Seasonality and flexibility keep gas calmer than oil amid Gulf tensions, says Pawel Lont (Energy Traders Europe)
As tensions in the Gulf continue to reverberate across commodity markets, oil and natural gas have shown notably different reactions.…
Depogaz: Gas storage facilities operated within normal parameters in the 2025-2026 winter; the filling rate was of 23.6% on April 1
Depogaz Ploiești, the main underground natural gas storage operator in Romania, ensured the normal operation of its storage facilities during…
Oil tanker traffic blocked through the Strait of Hormuz
Iranian forces on Sunday prevented two oil tankers from passing through the Strait of Hormuz after issuing warnings, the semi-official…
Investments of 3.5 bln. euro in production and transport of energy and natural gas, negotiated in Washington
Minister of Energy, Bogdan Ivan, announces investments of approximately 3.5 billion euros in the production and transportation of energy and…
Energy Minister: There are no problems in fuel supply
Energy Minister Bogdan Ivan stated on Saturday, during a visit to the Mintia power plant, that, at this moment, there…
Oil absorbs the geopolitical shock; natural gas remains anchored to regional realities – a conversation with Aura Săbăduș
The situation in the Persian Gulf remains tense, but market reactions have diverged significantly. While oil continues to reflect a…
Seasonal factors mitigate the impact of the Gulf War on natural gas – a conversation with Laurențiu Urluescu
Tensions in the Persian Gulf continue, but the reaction of the energy markets is not uniform. While oil retains a…
Oil holds the war premium, gas follows its own logic – a conversation with Jozsef Balogh
The situation in the Persian Gulf remains tense and unpredictable. Even so, commodity markets have calmed somewhat in recent days.…
Middle East tensions, rising oil prices weigh on companies and financial markets
Escalating tensions in the Middle East and disruptions to transit through the Strait of Hormuz have pushed oil prices to…
Rompetrol fuel stations served by a new retail IT system
KMG International (Rompetrol) has recently integrated a new retail IT system that serves the entire fuel station network managed by…