The Romanian International Gas Conference (RIGC), the 5th edition – 21-22 September, Bucharest
The Romanian International Gas Conference (RIGC) is a high-level event bringing together a wide range of stakeholders from Member States’…
ACE Industrial Software advocates for “a change of mentality” in Romania
The adoption by Romanian industrial companies of the software solutions offered by providers such as Aveva represents “a change of…
Schneider Electric launches in Romania a software solution for increased performance in gas transport and distribution
Schneider Electric launched in Romania an integrated software platform intended for the natural gas transport and distribution sector along the…
Canada’s Tenaz Energy is looking for acquisition targets in the Romanian oil sector
The Canadian company Tenaz Energy is looking for opportunities to enter the Romanian oil and gas market. The company’s business…
Popescu: Romania did not oppose the gas price cap, called for a wider ceiling
Romania proposed at the extraordinary meeting of the Ministers of Energy from the European Union that the gas price ceiling…
Czech Government will also cap gas and electricity prices in 2023
The government in Prague has reached an agreement on capping gas and electricity prices in 2023, in order to mitigate…
Reference prices for natural gas in Europe are falling, before the EU intervention to solve the crisis
The price of natural gas in Europe fell for the third day, after the European Commission insisted on interventions on…
New extraordinary meeting of the European Ministers of Energy, on September 30
European Energy Ministers will meet again on September 30 in Brussels to examine the emergency measures proposed by the European…
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…
Virgil Popescu, from Brussels: We will adopt measures to reduce consumption, increase liquidity and reduce gas prices – overtaxation remains
The Minister of Energy, Virgil Popescu, responded from Brussels: the Union countries will adopt measures to reduce consumption, increase the…
Price of natural gas has returned below 200 euro for one Megawatt-hour
The price of natural gas in Europe fell on Thursday to 197 euro per Megawatt-hour, returning below the threshold of…
Confronted with astronomic electricity prices, the EC tables five immediate measures
In a speech delivered today, the President of the European Commission Ursula von der Leyen, mentioned five immediate measures in…
Hungary to invest 16 bln. euro until 2030 to reduce dependence on gas imports
Hungary plans to invest 16 billion euro by 2030 to increase electricity production and storage capacity to reduce its dependence…
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…
Two possible instruments to cap Russian wholesale gas prices under the EC’s scrutiny
The European Commission outlined two possible instruments to cap wholesale gas prices – one of which would be targeted at…
The ordinance against the energy industry – the first 3 issues
We have once again, already in force, an emergency ordinance that turns the energy industry in Romania upside down and…
The Romanian Energy Centre association read with concern the new GEO on energy
The Romanian Energy Centre Association – CRE, through its members, the main companies in the energy production, transmission and distribution…
Engie boss: A turning point for Europe’s energy sector
The energy sector in Europe is facing “an exceptional crisis”, Catherine MacGregor, the managing director of the French gas importer…
A new GEO for energy has been published in the Official Gazette
A post on Facebook and a series of statements following the Government meeting constitute the official communication regarding the changes…
EC could ask member states for electricity saving plans
The European Commission is analyzing the possibility of asking member states for plans to reduce electricity consumption, in line with…
Hungary increases dependence on Russian gas through new contract with Gazprom
The Hungarian government signed an agreement with Gazprom to increase the volume of gas delivered by the Russian state company,…
Gazprom reports a record net profit of around 42 bln. USD in H1
Gazprom recorded a record net profit of 2.5 trillion rubles (USD 41.75 billion) in the first half of 2022, and…