V. Parlicov: Republic of Moldova can’t terminate the supply contract with Gazprom
The Republic of Moldova cannot terminate, at this moment, the natural gas supply contract with Gazprom, as they are used…
ANRE carries out new control actions at gas distribution operators
ANRE has started new control actions within 10 natural gas distribution operators, the institution announces. “We found the existence of…
Oil prices fell after the collapse of Silicon Valley Bank
Oil prices fell in volatile trading on Monday as the collapse of Silicon Valley Bank hit equities markets and raised…
Rompetrol Rafinare turns to profit, following a 42% increase in turnover
Rompetrol Rafinare, member company of the KMG International Group, recorded, in 2022, an improvement in financial indicators, as a result…
Oil price rises due to supply concerns
The price of oil rose on Monday, against the background of optimism regarding demand from China, production cuts by major…
Bulgaria will access Turkey’s LNG terminals
Bulgargaz has signed a long-term agreement with Turkish gas company Botas for access to liquefied natural gas (LNG) terminals in…
KMG: Security of supply of Romania is our main priority
The total investment level of the Romanian-Kazakh FIEKR Fund in energy projects reached USD 290 million, prioritizing the development of…
Legislative changes decapitalized gas distributors
Legislative changes in 2021 and 2022 led to the decapitalization of natural gas supply and distribution companies, said Andra Malanca,…
Virgil Popescu, in Kazakhstan: We received assurances that we will have all the support for oil supply
The authorities from Kazakhstan will give Romania all the support to secure the supply of oil and derived products, the…
Refineries in Romania have found alternative sources to Russian crude oil
Refineries in Romania have found alternative crude oil to the Russian one, considering that in December the embargo on petroleum…
About 500 gas stations are asking for 175 million lei for July through the compensation system
A number of 499 declarations regarding fuel compensation in the total amount of 174.52 million lei, related to the economic…
Hungary benefits from Russian gas without interruption
Russian gas deliveries to Hungary take place without interruption and there will be no supply problem in the cold season…
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…
Russia offers Asian countries discounts of up to 30% on oil contracts
Russia has approached several Asian countries to offer them possible long-term oil contracts at a discount of up to 30…
ANRE: LRS will take over by monthly rotation the places of consumption without gas suppliers
Romanian Energy Regulatory Authority has modified the regulation regarding the last resort supply (LRS) of gas, for customers who are…
Croatia invests 180 mln. euro to increase gas capacities
Croatia will invest 180 million euros ($182.32 million) to build a new gas pipeline and significantly increase the capacity of…
Kazakhstan will start selling oil via Azerbaijan to bypass Russia
Kazakhstan plans to sell some of its oil via Azerbaijan’s largest oil pipeline starting in September as an alternative to…
EBRD opens a credit line of 30 mln. euro for Premier Energy
The European Bank for Reconstruction and Development (EBRD) said on Thursday that it plans to provide a working capital revolving…
Iohannis: We will not abandon Moldova, we are looking for a solution for gas supply
President Klaus Iohannis stated, during the meeting with the Moldovan counterpart Maia Sandu, that Romania is aware of the extremely…
Sonatrach and Engie have reached an agreement on the supply and sale of natural gas
The Algerian state company Sonatrach has concluded a three-year contract with the French energy group Engie regarding the price of…
ANRE approved the settlement of an amount of 376 mln. lei to energy suppliers
The National Energy Regulatory Authority (ANRE) has so far approved the settlement from the state budget of an amount of…
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…