Resumption of works on the Nord Stream 2 pipeline has been postponed
The consortium responsible for the Nord Stream 2 gas pipeline project has decided to postpone construction work on the submarine…
Fuels and air transport services became the most expensive in December
Fuels and air transport services rose the most in December compared to November, while more substantial price declines were recorded…
Adrian Volintiru revoked from the helms of Romgaz
Romgaz Board of Directors revoked Adrian Volintiru from position of Chief Executive Officer, announced the company on the BSE website.…
Nova Power & Gas gained more than 1,000 new customers with liberalization
The price cuts and the guaranteed offers for one year (Nova 6 + 6) and two years (Nova 24), at…
Restart Energy and Interlink Capital launch green energy jv worth 500 mln. USD
Restart Energy, one of the largest independent suppliers of electricity and natural gas in Romania, entered into a joint venture…
Yedil Utekov, KMGI: The effect of the crisis will most likely be felt in 2021, too
KMG International found the ability to adapt its strategy, in the pandemic, with employee safety first. This meant the development…
Manfred Paasch, CEO E.ON România: Only a free and functioning market can stimulate investors
Romania should foster and support the development an internal energy market at European level, that should be competitive, integrated and…
Oil, gas and coal prices rally as cold winter sets in
Higher demand for oil, natural gas, and coal due to colder than usual winter temperatures in many parts of the…
Greece has started receiving natural gas from Azerbaijan through the TAP pipeline
Greece is now supplied with natural gas from Azerbaijan, as the Trans Adriatic Pipeline (TAP) is ready and the delivered…
ANRE: The share of vulnerable consumers can rise up to 50%
Bogdan Tudorache The maximum share of vulnerable consumers of energy services, depending on the consumption achieved, could be of up…
MMPS: Vulnerable consumer – topic addressed in the first discussions with the social partners
The vulnerable consumer, the mechanism for establishing the minimum wage and the improvement of the employee-employer relationship were the topics…
V. Popescu: The vulnerable energy consumer will be subsidized
The draft law that defines the vulnerable consumer of energy will be approved as soon as possible, and the people…
Oil price reaches 11-month high after Saudi Arabia cut production
Oil prices rose to their highest level in February 2020 on Wednesday, after Saudi Arabia agreed to cut production more…
New General Manager for Holcim Romania – Bogdan Dobre
Bogdan Dobre took office as CEO Holcim Romania & Market Head Moldova since 1 January 2021, the company announced in…
Oil Terminal signs a 46 mln. lei contract with Petrotel Lukoil
Bogdan Tudorache Oil Terminal has signed a new fuel delivery contract with Petrotel Lukoil, according to a company report. The…
Azeri gas starts flowing to Greece, Bulgaria, Italy via TAP
The Trans Adriatic Pipeline (TAP) started transporting gas from Azerbaijan to Greece, Bulgaria and Italy last week, the consortium implementing…
Gasoline and diesel prices, up 6 bani per liter
Gasoline and diesel became more expensive at the pump by 6 bani (0.06 RON) per liter starting with January 1,…
Romgaz denounces the contract with Romelectro and Duro Felguera for the Iernut power plant
Romgaz did not extend the contract with Romelectro and Duro Felguera for the construction of the Iernut plant, as the…
CIS GAZ has strengthened on the local market and aims to expand regionally
Some would say that 2020 is the year of major infrastructure projects in the transport and distribution of natural gas.…
C. Ivan, Megaconstruct: Free connecting without economic efficiency means bankruptcy
With over 100 employees and an annual turnover of over 120 million lei, Megaconstruct is one of the top five…
Franck Neel, president of FPPG: The gas producers have been forced again to support the economy
Natural gas is a paramount in reaching the objectives set for the European energy transition to which Romania is a…
German group DKV acquires local company Smart Diesel
The local company Smart Diesel sold its fuel card business to the German DKV group. Subject to the approval of…
OMV Petrom sells production assets in Kazakhstan, will focus on the Black Sea region
OMV Petrom has signed the transaction for the sale of 100% of its stake in Kom-Munai (KOM) and Tasbulat Oil…