Ministry of Finance increases state aid for transporters through up to 43 bani/liter excise tax cuts
The Ministry of Finance has adjusted the state aid scheme granted to transporters for diesel, so that it is correlated…
Verchere: OMV Petrom invested 21 bln. euro, contributed over 48 bln. euro to the budget
Since 2004, OMV Petrom has contributed over 48 billion euros to the Romanian state budget through taxes and dividends and,…
Rompetrol Rafinare announces new investments in critical storage infrastructure
Rompetrol Rafinare continues in 2026 the strategic program to modernize the storage infrastructure in Petromidia, through the capital rehabilitation and…
JT Grup Oil inaugurates JT Terminal, invests in two more terminals
JT Grup Oil, a Romanian company active in the fuel distribution market, announces the completion of JT Terminal – an…
Energy industry urges EU to delay methane import rules as 2027 compliance gap persists
European energy industry associations are calling for a three-year postponement of key EU Methane Regulation requirements for imported oil and…
Bușoi: Romania is above the European average in terms of gas storage levels
Romania is in a much better situation than other European countries in terms of natural gas for the coming period,…
Competition: Fuel market operators have complied with the provisions regarding the capping of the commercial markup
The main operators on the fuel market have complied with the provisions regarding the capping of the commercial markup, during…
BNS asks the President to analyze in the CSAT the decision to purchase gas from OMV Petrom at the price of 48.752 euros/MWh
The National Trade Union Bloc (BNS) asked, on Wednesday, President Nicușor Dan to initiate in the Supreme Council for National…
CEPA proposes using Romanian gas from Neptun Deep for a European strategic reserve in Ukraine
The increase in gas production in Romania after the entry into operation of Neptun Deep could be combined with Ukraine’s…
Polish government also reintroduces a fuel price cap scheme
The measures announced by the Polish government to reduce fuel prices for consumers, in the context of price increases caused…
InfoCons launches the Center for Consumer Protection in the Energy Sector
Consumers will be able to access advice and consultancy on filing a complaint in the energy sector, through the Center…
Europan Prod won the 140 mln. lei construction project for the new smart gas grid of a region in Olt
Europan Prod won the 140 million lei construction project for the new smart gas network of A.D.I. Valea Gemărtăluiului, Olt…
Cristina Chiriac: CONAF supports diesel excise measures proposed by transporters
The National Confederation for Women’s Entrepreneurship (CONAF) fully supports the package of thirteen requests formulated by the Transport and Logistics…
BCG: About 80% of major oil companies will face significant production declines by 2040
About 80% of the largest national and international oil companies will face significant production declines by 2040, according to a…
Parliament voted to reduce excise duty, returning to “crisis situation”
After the senators, the deputies also voted on Wednesday for the bill on declaring a crisis situation in the fuel…
Kazakhstan resumes crude oil exports via CPC pipeline, also to Romania
Kazakhstan has resumed crude oil exports via the Caspian Pipeline Consortium (CPC) pipeline, after the consortium resumed accepting oil from…
MF supports a dynamic excise mechanism – cuts between 5% and 25%
The problem on the fuel market today is no longer just how much fuel costs, but whether there is enough…
Greece extends fuel subsidies
Greece will increase next month by another 0.10 euros the diesel subsidy, so that the total discount reaches 0.15 euros…
PSD proposes re-establishing a state of crisis that would impose a cap on fuel prices
Former Energy Minister Bogdan Ivan has submitted a new legislative initiative that provides for a reduced VAT on fuels from…
CPC pipeline stops transporting Kazakh oil due to attacks on oil tankers
The Caspian Pipeline Consortium (CPC) pipeline is no longer receiving oil from Kazakhstan after suspending crude oil loading on ships…
Negrescu: Romania risks a major fuel market crisis after Kazakhstan interrupted crude oil deliveries
Romania risks a major crisis on the fuel market after Kazakhstan, where 63% of imports come from, interrupted crude oil…
Romania, 23% increase in fuel and lubricant prices compared to June 2025, among EU countries with the highest prices
The average price of fuels and lubricants for personal transport in the European Union increased by 13.7% in June 2026…
Neptun Deep progress: Offshore production platform installed in the Black Sea
OMV Petrom and Romgaz have completed the installation of the offshore production platform for Neptun Deep, marking one of the…