CE Oltenia asks 800 million euros from the Modernization Fund for two new gas-fired power plants
Oltenia Energy Complex has submitted applications for funding from the Modernization Fund budget for the two natural gas power plants…
EU: Divided on the classification of nuclear and gas projects as green investments
The European Commission (EC) proposes to classify nuclear and gas projects as green investments, under certain conditions, according to an…
Barrel gets closer to USD 90, following escalating tensions between Ukraine and Russia
Crude oil prices rose to $90 a barrel on Wednesday, near the highest level in seven years, following escalating tensions…
EC approved Romania’s plan – green light to investment for restructuring CE Oltenia
The European Commission has approved Romania’s plans to provide Complexul Energetic Oltenia SA with restructuring aid worth up to 2.66…
Chisăliță: Energy prices will increase by 100-120% from April, if no action is taken
Energy prices may increase by 100-120% in April, compared to last year, if no measures are taken, said Dumitru Chisaliita,…
Grid connection demand increased by 31% for energy and 170% for gas in H1-2021
Customers’ connection requests in Romania increased by 31% in electricity and by 170% in the case of natural gas in…
G. Niculescu: Energy prices could fall due to positive temperatures
Energy prices may fall in the near future because Romania has had a mild winter with good temperatures, which is…
Chirițoiu: We must not return to subsidizing all consumers
The support measures should be aimed only at vulnerable consumers and we should not return to that “stupid system when…
New invoice clearing scheme will apply non-retroactively from 1 February
The new scheme for compensating energy and gas bills will be applied from February 1, but not retroactively, and the…
Dumbrăveanu: If we regulate the energy price, Romania will be directly convicted at the European Court of Justice
A new regulation of the price of energy and gas would mean a violation of European legislation and would lead…
Cîţu: I don’t see the point in regulating the energy market after April 1st, when we enter the summer
The president of PNL, Florin Cîţu, said on Tuesday that he does not see the meaning of a regulation of…
Russia denies stopping gas supplies to Europe if sanctions are imposed
The Kremlin has dismissed fears that Russia could shut down its gas pipeline to Europe in the event of sanctions…
Dietmar, Verbund: Energy prices will fall in the next six months
Romania needs investments to ensure long-term sustainable prices in the energy market, explained Reiner Dietmar, managing director, Verbund Green Power,…
Maia Sandu: We cannot give up imports, there is a lot of speculation and manipulation in the market
There are all kinds of speculations and manipulations in the market, but the Republic of Moldova will “have to do…
Ministry of Energy launched the draft Ordinance on new consumer support measures
The Ministry of Energy has launched a public debate on the draft Emergency Ordinance on new consumer support measures, which…
Romania’s crude oil production fell by 4.1% in the first 11 months of 2021
Romania produced, in the first 11 months of 2021, a quantity of crude oil of over 2.848 million tons of…
MoF will carry out an analysis on the overtaxing of energy suppliers
Suppliers’ taxation is under analysis, talks will be held with representatives from the entire energy chain and some solutions will…
R. Moldova’s Parliament declared state of emergency on Thursday, following threats from Gazprom
Meeting in plenary session during the extraordinary session, the Parliament of the Republic of Moldova adopted, on Thursday, the Decision…
Cristian Secoșan takes over the position of general manager of Delgaz Grid
From the beginning of April, Cristian Secoșan will take over the role of general manager of Delgaz Grid and that…
Raffel, E.ON: Energy producers, importers and the state are the ones who benefit from rising bills
Energy and gas producers, importers, as well as the Romanian state, through taxes, are the ones who benefit from the…
R. Moldova: Gazprom threatens to stop deliveries, demands payment of an advance of 63 mln. USD
The Prime Minister of the Republic of Moldova, Natalia Gavriliţa, stated that she will ask the Parliament to establish the…
Popescu: We will see a drop in gas prices – geopolitical games will no longer be so obvious
The Minister of Energy, Virgil Popescu, considers that after April 1 we will witness a decrease in the price of…
Romania will have a surplus of 1 bln. cm of natural gas for next winter
Romania will have a surplus of one billion cubic meters of natural gas next winter, which will come from the…