AEI: Romania has reached a level of gas deposit loading of 47%
Romania benefits from imported gas nowadays and has reached a level of gas deposits loading of 47%, it is shown…
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Import-Export
France’s industry moves to oil out of fear of a Russian gas cutoff
France’s energy-serious industry is accelerating alternate courses of action and changing their gas boilers over completely to run on oil…
Gazprom cut gas supplies to OMV by 70%
The Austrian energy group OMV announced on Monday that it receives from the Russian group Gazprom a quantity of natural…
Energy exports brought Russia’s current account surplus to a record value in Q2
Russia’s current account surplus hit a record high of $70.1 billion in the second quarter, as explosive growth in energy…
Azeri gas exports to Europe will reach 10 bln. cm in 2022
Azerbaijan’s gas exports to Europe will exceed 10 billion cubic meters this year, Azerbaijani Energy Minister Parviz Shahbazov announced on…
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…
NGOs call for demolishing Nord Stream 2 to avoid environmental damages
Environmental NGOs warn that leaving the unused Nord Stream 2 pipeline at the bottom of the Baltic Sea could cause…
Greece-Bulgaria gas interconnector could be ready in June
The Greece-Bulgaria gas interconnector could be ready in June, as promised by Bulgarian officials, Energy Minister Virgil Popescu told journalists…
Engie calls on the EU for clear instructions on the payment of Russian gas
French utility Engie is still paying in euro for Russian gas, according to its contracts, and hopes to receive clear…
EU adjusts plans to sanction Russian oil to persuade reluctant states
The European Commission has proposed a series of changes to its Russian oil embargo in a bid to persuade reluctant…
Barrel price rises following EU’s decision to impose an embargo on Russian oil
The European Union confirmed on Wednesday that it intends to end all imports of crude oil and refined petroleum products…
Nicolescu: Russians want to create panic to raise gas prices
Russia’s decision to halt gas supplies to Poland and Bulgaria is an attempt to divide the European Union and create…
Sterian: Gas imports into Romania are not affected; we can ensure the country’s consumption from domestic production
Although Gazprom has stopped gas supplies to Plonia and Bulgaria, Romania’s gas imports are normal, and our country can provide…
EU wants to reduce its dependence on Russian oil and gas to zero by 2027
EU aims to reduce its dependence on Russian oil and gas by two-thirds by the end of the year and…
Germany would lose 5% of its GDP in the event of a Russian gas embargo
An immediate European embargo on natural gas imported from Russia could cost Germany up to 5% of its GDP this…
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…
Romania is the EU country least dependent on natural gas imports
The rate of dependence of the European Union on natural gas imports decreased slightly in 2021, to 83%, from 84%…
Virgil Popescu: “We can import LNG from Israel, via Egypt”
Strengthening bilateral relations between Romania and Israel, especially in the field of energy, is an important goal to be achieved,…
Draft law banning energy imports from Russia
Two USR lawmakers sent a bill in Parliament banning imports of oil, natural gas, coal and nuclear fuel from the…
European Parliament adopted a resolution on a total embargo on gas and oil imports from Russia
The European Parliament (EP) resolution calling for a full and immediate embargo on Russian gas and oil imports and a…
AEI: It’s hard to believe that Russia will cut off the gas
Gas prices in Romania, traded on the Romanian Commodity Exchange (BRM) have a level comparable to those in Europe, on…
EC says ban on oil and coal imports from Russia is “an option”
The European Commission announced on Tuesday that a ban on imports of oil and coal from Russia is “certainly an…
Minister of Energy: Romania maintains a unitary EU position in the face of Russia’s blackmail to pay for gas in rubles
The Romanian state and Romanian companies do not have direct contracts with Gazprom, and Romania supports taking a unitary EU…