Conpet tariffs could increase by more than 16% in 2022
The tariffs charged by Conpet for the transport of crude oil, gasoline, condensate and ethane could be increased by 16.44%…
Government approves Dacian Petroleum to take over 40 fields from OMV Petrom
The Government approved the transfer of the rights and obligations related to a number of 40 oil concession agreements, regarding…
Chimcomplex bought several assets from CET Govora, prepares investments
Chimcomplex will pay 8.2 million euros for a package of assets put up for auction by CET Govora, a company…
AFEER: Prices stabilize after increases in the last quarter
Baseload energy quotations for 2022 recorded on November 8 reached 118 euro/MWh in Germany, 128 euro/MWh in Hungary and Romania,…
Gazprom confirms it will inject gas into European storage units, following Putin’s promise
Gazprom confirmed on Tuesday that it will inject natural gas into five European underground storage facilities this month, following an…
ANRE fines the electricity and gas distributors with about 2.3 million lei
The National Energy Regulatory Authority (ANRE) imposed contravention fines on electricity and natural gas distribution operators in a total amount…
EU gas, power jump as higher Russian flows fail to materialize
European gas and power prices surged on signs Russia won’t deliver the boost in supplies President Vladimir Putin promised. At…
Large companies fear that they will not receive the money on time to offset the bills
Electricity and gas suppliers do not know how they will recover their money from state to offset the bills, which…
Turcan: More than 500,000 applications have been submitted for heating aid and energy supplement
More than 500,000 applications for heating aid in the cold season and for the energy supplement granted by the Vulnerable…
MOL: Upstream and Petrochemical segments boosted Q3 results, but global market turmoil generates unpredictability
Today, MOL Group announced its financial results for the third quarter of 2021, according to a release received by Energynomics.ro.…
The spot gas price has halved in the last month on BRM
The average spot price of gas traded on the Romanian Commodity Exchange (BRM) fell below 300 lei/MWh for the first…
Romgaz is convening shareholders to approve the $1 bln. deal with Exxon
Romgaz convenes, on December 9 and 10, the Ordinary and Extraordinary General Meetings of Shareholders to approve the transaction regarding…
Gazprom’s gas exports to Romania almost tripled in the first 10 months
Gazprom’s natural gas exports outside the former USSR increased by 10.4% annually, to 158.8 billion cubic meters in the first…
FPPG: The natural gas in the Black Sea is the only solution for Romanian energy security
The natural gas in the Black Sea is the only solution for Romania to secure its access to energy, affirms…
OMV Petrom – net profit up 103% at nine months
OMV Petrom Group reported in the first nine months a net profit of 1.68 billion lei, 103% higher than in…
Putin orders more gas for Europe for next month, sending down price
President Vladimir Putin ordered Gazprom PJSC to start refilling its European gas-storage facilities next month, sending prices lower as long-awaited…
EU climate and infrastructure agency admits end of fossil fuel projects still far away
The director of CINEA, a recently established EU agency managing €55 billion in EU funding for clean energy and transport,…
EU gives Moldova EUR 60 million over Russia gas row
The European Union on Wednesday (27 October) said it was giving Moldova EUR 60 million to help cope with a…
Colterm is still looking for suppliers, the situation in Timisoara remains unsolved
Although, initially, the heating company in Timișoara had managed to convince, with the help of the Ministry of Energy, a…
Elcen buys gas from Romgaz worth 2.1 billion lei, for next year
Romgaz has concluded with Electrocentrale Bucureşti an additional act to the contract for the sale – purchase of natural gas…
AFEER: The financing effort is very big, the scheme is very complicated and bureaucratic
The solutions adopted, especially those regarding the price cap, establish additional efforts, both financial and administrative, on the part of…
ACUE: The bill offset and capping mechanisms are complex and discriminatory
The mechanism adopted by the authorities in response to soaring energy prices is complex and “it generates unpredictability both to…
Popescu: Exxon-Romgaz agreement, an important step for energy security
The agreement between Romgaz and ExxonMobil regarding the acquisition of the American company’s participation in the Black Sea gas reserves…