D. Chisăliță: The new Ordinance leads to rising prices and the collapse of the energy system
Dumitru Chisăliță, President of the Intelligent Energy Association Romanian energy system entered into crisis in 2017-2018. Statistically, it was the…
Germany reduces VAT on gas from 19% to 7%
Germany will temporarily reduce the VAT on natural gas, from 19% to 7%, to try to ease the burden on…
J. Popov: Accept we are at war, engage the people and allow for “chaotic” installation of renewables
Europe is at war, insists Julian Popov, a Fellow of The European Climate Foundation, and Chairman of the Buildings Performance…
Germany unlikely to reach gas storage targets without Nord Stream 1 supply
Germany is facing severe gas supply shortages in the coming winter if it fails to introduce the right measures, according…
Member states commit to reducing gas demand by 15% next winter
In an effort to increase EU security of energy supply, member states today reached a political agreement on a voluntary…
Ciucă: Romania will have enough gas for the winter of 2022-2023
Prime Minister Nicolae Ciucă said on Thursday that at present there are no fears that Romania will not have the…
KREIF: 119 mln. lei financing from OTP Bank for the development of new Rompetrol gas stations
The Kazakh-Romanian Energy Investment Fund (KREIF) recently contracted a financing from OTP Bank Romania, in the amount of 119 mln.…
MyAuchan will reach 280 stores inside Petrom gas stations this year
OMV Petrom and Auchan Retail Romania have opened 200 MyAuchan stores in Petrom stations so far, half of the total…
PSD proposes capping fuel prices at 7 lei per liter
The capping of fuel prices requested by PSD at the level of 7 lei per liter, according to some sources,…
Russian natural gas substitution – scenarios proposed by FEL Romania
The escalation of the Russian-Ukrainian conflict has amplified the effects of the energy crisis and calls for a rethinking of…
ANRE: This year, the platform for changing the energy supplier in 24 hours will be operational
The national platform for the change of electricity and natural gas suppliers by end customers will be ready this year,…
Bulgaria asks EU to authorize a tax exemption on electricity and gas
Bulgaria, a country deeply affected by rising energy prices, will ask the European Commission this week to allow it to…
OMV Petrom’s fuel sales up 9% in Q1 2022 compared to Q1 2021
OMV Petrom’s total sales of refined products were 5% higher in Q1 2022 compared to Q1 2021 as a result…
EU must prepare for rationing gas
EU countries are scrambling for new sources of gas to phase out Russian fossil fuels and punish Moscow for its…
ANPC fined gas stations with over 6.7 mln. lei for incorrect commercial practices
The National Authority for Consumer Protection has fined by 6.720 million lei a number of 608 economic operators in the…
Amendments to the Offshore Law reach Parliament; will they be enough?
The ruling coalition leaders have sent the offshore law in Parliament and are announcing the existence of a political majority…
PKN ORLEN Group to double the number of its service stations in Slovakia
ORLEN Group of Poland is going to add 25 new locations to its network of service stations in Slovakia. By…
Gas prices have risen as the EU looks at new sanctions against Russia
Reference prices for natural gas in Europe rose by 7% on Monday morning amid growing fears about gas supplies due…
Germany is activating the emergency plan to guarantee gas supplies
Germany on Wednesday activated the first phase of the emergency plan to guarantee the supply of natural gas, in the…
Capping energy tariffs will have a positive impact on consumers
The capping of energy tariffs will certainly have a positive impact on consumers during the application period, but the effect…
Energy and gas price cap, in effect from April 1
The new emergency ordinance that aims to cap the prices of electricity and natural gas for a period of 12…
Traders: There will be problems with the supply of petrol and diesel due to the war
Energy and commodity markets are in shock after Russia’s invasion of Ukraine, leading trading companies warned, warning that there could…
ING will no longer fund new oil and gas projects
Dutch banking group ING will no longer finance new oil and gas projects, ING energy director Michiel de Haan told…