Senate meets today to discuss bad payers’ disconnection ordinance
Bogdan Tudorache The Permanent Bureau of the Senate convened the plenary session for the extraordinary session on Tuesday in order…
Delgaz Grid stopps gas distribution in three localities in Sibiu on Wednesday
The natural gas distribution service will be stopped on Wednesday, August 11, for six hours, in three localities in Sibiu…
Inflation is rising amid rising energy and gas prices
The National Bank of Romania increased its inflation forecast to 5.6% by the end of this year and to 3.4%…
Mol Group’s Q2: Strongest quarter ever, full-year guidance upgraded
Today MOL Group announced its financial results for H1 and Q2 2021. In the first six months MOL Group delivered…
AFEER: Bad debtors will have a buffer period and can negotiate with suppliers
Bogdan Tudorache The government today repealed the ordinance banning the disconnection of bad debtors from electricity or gas grids introduced…
Virgil Popescu: There are no problems with fuel stocks
Minister of Energy, Virgil Popescu, announced on Thursday that there are no problems with the fuel stocks, after the working…
Petrom offers the vignette payment service for Bulgaria in its own gas stations
OMV Petrom, the leader of the Romanian fuel distribution market, has in several stations the service of paying the road…
Transgaz opens BRUA phase 1 with capacity reservation on the Hungarian route
Bogdan Tudorache Transgaz has announced that it has completed work on the BRUA-Phase 1 pipeline with savings of about 20%.…
We have released the official report of the Energy Strategy Summit 2021
Energynomics released the official report of the 2021 Energy Strategy Summit, during a press event. “The great gain of this…
Chimcomplex doubled its business in S1 2021
Chimcomplex, the company that owns the Oltchim (Vâlcea) and Borzești industrial platforms, ended the first six months of 2021 with…
Energy Minister: OMV can’t sell Petrom shares without the consent of the Romanian state
OMV cannot sell the shares from Petrom to another company without the consent of the Romanian state, wrote on Facebook…
The 2021 Energy Strategy Summit official report – “On high speed”
Energy transformation is irreversible, said Cristian Bușoi, Romanian MEP and chairman of the Committee on Industry, Research and Energy (ITRE)…
Volker Raffel took over the position of CEO of E.ON Romania
Volker Raffel is the new CEO of the E.ON Romania Group starting with August 1, taking over the attributions from…
Romgaz will appoint seven temporary managers, with four-month terms, in September
Bogdan Tudorache The line of temporary appointments in state-owned companies continues, despite previous government promises. Thus, Romgaz convenes, for September…
Ion Sterian, appointed for 4 years following the selection carried out according to corporate governance rules
The Board of Directors of Transgaz appointed Ion Sterian general manager of the company, following the conclusion of the selection…
OMV Petrom – net profit up by 13%, to 980 mln. lei in H1
OMV Petrom ended the first half of this year (H1) with a net profit of 980 million lei, up 13%…
Competition authorizes the EBRD – Vestmoldtransgaz deal
The Competition Council approved the operation by which the European Bank for Reconstruction and Development (EBRD) takes over a part…
Transgaz keeps last year’s dividend at 50%
Bogdan Tudorache The Ordinary General Meeting of Transgaz Shareholders decided on Monday, July 26, to keep the value of the…
Romania’s crude oil imports increased by 30.5% in the first five months
Romania imported, in the first five months of 2021, a quantity of crude oil of 3.383 million tons of oil…
Energy Community Secretariat supports trans-regional cooperation on development of integrated SEEGAS market
On 21 July 2021, a Memorandum of Understanding about trans-regional cooperation on the development of an integrated South-Eastern and Eastern…
Romania’s natural gas distribution network has increased 4 times in 30 years
Romania’s natural gas distribution network has increased 4 times in the last three decades, from 10,772 kilometers in 1990 to…
Russia rejects allegations that it uses energy resources for political pressure
Russia rejects any attempt to accuse it of using energy resources as a “weapon” of political pressure, Kremlin spokesman Dmitry…
Global fuel demand will reach its peak sooner than expected
Demand for petrol and diesel will peak in 2027, four years earlier than previously estimated, as lower-fueled cars and widespread…