MOL acquires Gazprom’s stake in NIS
The Hungarian company MOL and the Russian group Gazprom have agreed on the basic provisions of the future agreement on…
AEI: Bad weather leads to increased gas imports
Romania is facing, during periods of severe frost, limitations in delivery capacity from domestic production and storage, a situation in…
Russia’s budget revenue from oil and gas fell 24% in 2025
Russia’s federal budget revenue from oil and gas fell 24% in 2025, reaching its lowest level since 2020, as oil…
OPEC+ cut its oil supply by 0.5% in December
The OPEC+ oil alliance, led by Saudi Arabia and Russia, produced an average of 42.83 million barrels of oil per…
Ivan: The equivalent of daily heating of 75,000 apartments is lost in Bucharest due to old district heating networks
The equivalent of daily heating of 75,000 apartments in Bucharest is lost due to old district heating networks, which have…
Bulgaria cuts natural gas prices by 3.3% for January
Starting January, natural gas in Bulgaria became 3.3 percent cheaper, with the new price set at 31.15 euro, or approximately…
Gov’t works at gradual reduction of the gas price cap, the industry would agree to a “gas release” program
Discussions with operators regarding the gradual elimination of the gas price cap began in September, in order to have several…
Over 10 loaded oil tankers, with monitoring systems turned off, left Venezuela
More than 10 tankers loaded with Venezuelan crude and fuel have left Venezuelan waters in “dark mode” in recent days,…
Trump says US oil firms might pile billions of dollars into Venezuela’s oil
Donald Trump has vowed to tap into Venezuela’s oil reserves after seizing President Nicolás Maduro and saying the US will…
Washington grants temporary license to Serbian oil company NIS, controlled by Gazprom
The US has granted a temporary license to Serbian oil company NIS, controlled by Russian companies and targeted by US…
OMV Petrom inaugurates new sulfur recovery unit at Petrobrazi refinery, investment of 45 mln. euro
OMV Petrom announces the completion of an investment in the Petrobrazi refinery, for a new sulfur recovery unit, worth 45…
Midad Energy among top contenders to buy Lukoil’s international assets
Saudi Arabia’s Midad Energy has emerged as a leading contender to buy Russian oil giant Lukoil’s international assets, taking advantage…
Measures to reduce methane emissions can be profitable – I-MER
Reducing methane emissions is no longer just a climate obligation imposed by European policies, but is increasingly emerging as an…
Without Russian gas and with renewables, Europe corrects a costly energy vulnerability
For decades, Europe carried a structural exposure that went largely unquestioned. Before the crisis, Russian gas covered roughly 45–50% of…
Dan Jørgensen: The ban on Russian gas imports is permanent regardless of any future peace settlement with Moscow
The European Union has taken what its Energy Commissioner, Dan Jørgensen, describes as an irreversible step: a permanent ban on…
OMV Petrom confirms possibility of new gas discoveries in Black Sea
OMV Petrom officials say the Neptun Deep development is progressing according to schedule, with first natural gas expected in 2027,…
Biomethane and hydrogen, viable solutions for the energy transition
The Delgaz Grid company organized a roundtable discussion on the topic “Are green gases, biomethane and hydrogen among the viable…
Decoupled fuel prices and geopolitical tensions shape energy markets
Across the European fuel matrix gas prices continued to ease over the past month, due mainly to robust supply conditions.…
Romgaz announces new exploration activities to identify and evaluate the energy potential of the Black Sea
The National Natural Gas Company Romgaz has announced the continuation of exploration within the XIX Neptun perimeter, but also the…
Dana Dărăban, ACUE: We believe in the beneficial effects of the free market
The ceiling on the price of natural gas must be eliminated, but the exit from the ceiling must be planned…
Grids enter the center of energy transition — key ideas in the new European Grids Package
The European Commission has launched the long-awaited European Grids Package, accompanied by the Energy Highways initiative, in what is shaping…
Gas, grids and green power: The strategic architecture of Greece–Romania energy cooperation
H.E. Evangelia Grammatika, Ambassador of Greece to Romania, placed energy cooperation at the very center of regional security and economic…
CIGA Energy Advisory launched the first edition of REMARC – Romanian Energy Market Annual Report
The report provides a comprehensive overview of the national economy and energy system, from macroeconomic dynamics and the structure of…