Ministry of Energy wants 50% of the gas price to be offset from the state budget
Ministry of Energy wants to increase the level of gas price compensation from 33% to 50% or more and is…
More than 45% of Engie’s customers did not meet the legal requirements to reduce their bill
Over 45% of Engie Romania’s customers did not meet the eligibility conditions established by law to benefit from capping and…
ANPC establishes the Energy Command, to verify the irregularities in the bills
The National Authority for Consumer Protection (ANPC) establishes the Energy Command, as a result of the large number of complaints…
MOL acquires more than 400 gas stations in Poland, sells 185 to PKN Orlen
MOL enters the Polish market by acquiring 417 LOTOS service stations nationwide for USD 610 million. Thus, MOL has the…
Nicolescu: State aid for the payment of energy bills must be given differently, economic agents must not be forgotten
Energy price increases go from 65% -70% to the state budget, directly or indirectly, and this money must be given…
ANRE: Energy suppliers are obliged to give clear explanations to consumers about the value of the bill
Final consumers who have doubts about the value of the invoice should first contact the supplier, who is obliged to…
Europe’s gas shortage led to a record level of US LNG exports
Extremely high demand in Europe led to a record increase in US exports of liquefied natural gas (LNG) in December,…
About 75% of gas suppliers have withdrawn their offers for household consumers
Only 20 energy suppliers have more offers for household consumers, according to the price comparator of the National Energy Regulatory…
Gas crisis is causing German utility companies to raise funds
European utility companies are rushing to raise billions of euros, a proof to the financial stress caused by record prices…
Poland will cut VAT on fuels to 8% to mitigate the impact of rising inflation
Poland wants the European Union to allow it to reduce VAT on fuels to mitigate the impact of rising prices,…
Minister of Energy: The first company fined by ANPC for not compensating consumers’ bills
The Gaz Vest supplier from Bihor did not compensate the bill for consumers and was fined 50,000 lei (10,000 euro)…
European gas prices fell sharply after Russia reserved new capacity
Reference prices for natural gas in Europe fell on Friday, after Russia reserved, at the last minute, new capacity to…
Nord Stream 2 will not be licensed until mid-2022
No decision on the authorization of the Nord Stream 2 gas pipeline is expected before mid-2022, the German energy regulator…
Chimcomplex will submit an offer to purchase Rompetrol early next year
Chimcomplex announces the completion of preliminary studies and the inclusion of the opportunity to develop partnerships and acquire Rompetrol (KMG…
E.ON Romania may post losses in a few weeks, if state won’t offset bills’ capping on time
E.ON Romania can last a few weeks until it registers loses, if it does not receive the money from state…
Capping energy prices has wiped out competition; the effects should be examined by the Competition Council
The measure to cap electricity prices has wiped out competition in the market, and it may come to the attention…
ANRE designates new suppliers of last resort
ANRE has amended and supplemented the Regulation on the supply of last resort of natural gas, one of the major…
Natural gas and fuel have become the most expensive in the last year
Natural gas and edible oil prices have risen the most in the last year, while the only reduction has been…
Three more gas suppliers have given up customers, which will be taken over by Engie
Three more natural gas suppliers have given up their customers, who end up receiving gas as in the last resort…
OMV Petrom doesn’t foresee any issues with gas supply for this winter
OMV Petrom doesn’t foresee any issues with gas supply for this winter The Romanian market will have enough gas to…
Surge in excise duties will increase fuel prices from January
The level of excise duties will increase slightly next year for almost all product categories, thus also increasing fuel prices.…
Minister of Energy: Enel’s investments are not affected; energy producers will only be surcharged until March
Enel’s investments in Romania will not be affected by the measures taken by the authorities for consumer protection this winter,…
OMV Petrom plans to invest 11 bln. euro by 2030, as part of a new strategy
OMV Petrom will invest 11 billion euro by 2030 to reduce carbon emissions, this being the largest private investment plan…