Oil tanker traffic blocked through the Strait of Hormuz
Iranian forces on Sunday prevented two oil tankers from passing through the Strait of Hormuz after issuing warnings, the semi-official…
Investments of 3.5 bln. euro in production and transport of energy and natural gas, negotiated in Washington
Minister of Energy, Bogdan Ivan, announces investments of approximately 3.5 billion euros in the production and transportation of energy and…
Energy Minister: There are no problems in fuel supply
Energy Minister Bogdan Ivan stated on Saturday, during a visit to the Mintia power plant, that, at this moment, there…
Oil absorbs the geopolitical shock; natural gas remains anchored to regional realities – a conversation with Aura Săbăduș
The situation in the Persian Gulf remains tense, but market reactions have diverged significantly. While oil continues to reflect a…
Seasonal factors mitigate the impact of the Gulf War on natural gas – a conversation with Laurențiu Urluescu
Tensions in the Persian Gulf continue, but the reaction of the energy markets is not uniform. While oil retains a…
Oil holds the war premium, gas follows its own logic – a conversation with Jozsef Balogh
The situation in the Persian Gulf remains tense and unpredictable. Even so, commodity markets have calmed somewhat in recent days.…
Middle East tensions, rising oil prices weigh on companies and financial markets
Escalating tensions in the Middle East and disruptions to transit through the Strait of Hormuz have pushed oil prices to…
Rompetrol fuel stations served by a new retail IT system
KMG International (Rompetrol) has recently integrated a new retail IT system that serves the entire fuel station network managed by…
US extends deadline for Lukoil to sell overseas gas stations until October 29
The Trump administration has extended until October 29 the deadline for Lukoil to sell its overseas gas stations, according to…
Oil price rises above $100 per barrel after naval blockade announced in Strait of Hormuz
Oil prices rose 8% on Monday, surpassing the symbolic $100 per barrel mark, after US President Donald Trump announced that…
EU warns Spain and Poland over tax cuts on fuels, would rather see an excise cut
Spain and Poland might have run afoul of European Union rules with their tax cuts on fuels aimed at curbing…
Bulgaria: Gasoline for 7.32 lei, LPG for 3.86 lei – without subsidies
We are in Ruse, where gas stations are being stormed by a wave of tourists from Romania for Easter. We…
Delgaz Grid invested 241 mln. euro in natural gas and electricity networks in 2025
Delgaz Grid, the distribution company of the E.ON group in Romania, last year made investments of over 1.2 billion lei…
Georgia and Azerbaijan bet on the middle Caucasus corridor that connects China to Europe
Georgia and Azerbaijan agreed on Monday to strengthen the Middle Corridor, which connects China to Europe through Central Asia, the…
Nicuşor Dan: Romania is not currently facing fuel supply difficulties
Romania is not currently facing fuel supply difficulties, and companies in the field are purchasing at prices aligned with the…
Diesel excise duty decreases, solidarity contribution between 1.5% and 9.9% for exceptional income
The Ministry of Finance published on Thursday evening the draft Emergency Ordinance that provides for the temporary reduction of the…
EU countries reduce excise duties and VAT to offset rising fuel prices
Seven EU countries and other European countries outside the EU have already decided to make substantial tax cuts – excise…
OMV Petrom: Krum-1 exploration well in the Han Asparuh area did not discover significant gas volumes
OMV Petrom announces the completion of drilling operations at the Krum-1 exploration well, the second exploration well drilled in the…
Ivan on excise tax reduction: Decision must be made this week
The measure to reduce excise tax on diesel should be adopted this week, to take effect starting next week, Energy…
Gov’t to cut excise taxes on fuel, first on diesel
Prime Minister Ilie Bolojan stated on Monday that the decision taken in the coalition is to reduce the value of…
Poland caps gasoline price at 1.65 USD per liter
Poland will set a maximum price for unleaded 95 gasoline of 6.16 zlotys ($1.65) per liter from Tuesday, the Energy…
Farmers demand urgent adoption of GEO for diesel fuel without VAT and excise duty in agriculture
The Alliance for Agriculture and Cooperation (AAC) is requesting urgent approval from the Ministry of Finance on the draft Government…
Romgaz postpones entry into the retail market until 2027
The cheap gas promised to Romanians by the state will not come soon. Romgaz sent, in a response to Digi24,…