Switzerland: All Nord Stream 2 employees have been fired
All employees of the Swiss-based consortium behind the controversial Nord Stream 2 project have been fired, Swiss Economy Minister Guy…
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OMV, an investor in the Nord Stream 2 project, convened the crisis team on Monday
OMV held a meeting of the crisis team on Monday, a spokesman for the Austrian energy group announced, Reuters reports,…
Germany will accelerate plans to reduce its dependence on Russian gas
Germany will implement plans to build two new liquefied natural gas (LNG) terminals and also increase its natural gas reserves…
Transgaz: Level net result, appointment of the chairman of the Board – Petru Văduva
The Transgaz National Natural Gas Transmission Company registered a net profit of 166.938 million lei last year, 1.03% higher than…
Transgaz: There are no problems with Romania’s gas imports through Ukraine
Romania’s gas imports through Ukraine are normal and, if there are interruptions, the gas flow can be easily redirected through…
OMV Petrom and Tinmar want to build new solar and gas power plants together with CE Oltenia
OMV Petrom and Tinmar will be the partners of the Oltenia Energy Complex in 9 of the 10 projects of…
Ukraine deems the blocking of Nord Stream 2 as a correct step
Ukrainian Foreign Minister Dmitro Kuleba on Tuesday described as morally and politically correct the step taken by Germany to block…
Russia among the three countries providing most of the LNG for Europe
In 2021, a large share of Europe’s supply of liquefied natural gas (LNG) originated in the United States, Qatar, and…
Minister of Energy: We will not have problems with gas supply in case of a conflict in Ukraine
A conflict in Ukraine will not lead to problems in Romania’s gas supply, which can ensure its entire consumption from…
Transgaz has completed the environmental assessment for the National Natural Gas Transmission System Development Plan 2021-2030
Transgaz has completed the environmental assessment procedure for the Development Plan of the National Natural Gas Transmission System 2021 –…
Russia has exported a record amount of gas through the Nord Stream 1 pipeline in 2021
Exports of Russian natural gas to Germany via the Nord Stream 1 pipeline remained at a record high in 2020…
Romgaz hydrocarbon production rose 11.2% last year
Last year, Romgaz recorded a hydrocarbon production of 32.53 million barrels equivalent to oil (boe), 11.2% higher than that reported…
Biden says Nord Stream 2 won’t go forward if Russia invades Ukraine
President Joe Biden and German Chancellor Olaf Scholz had an awkward exchange with a reporter Monday at the White House…
Cristian Păun: We need to reduce diesel taxes
Economic analyst Cristian Păun supports the need to reduce excise duties on diesel, according to a position on the social…
Bankwatch: Progress in green recovery through PNRR, slowed by investment in fossil fuels
EU Member States’ efforts to target 672 billion euro in recovery and resilience funds to climate action are undermined by…
New gas distribution networks for 45 localities to be financed with European funds through the POIM
The Managing Authority for the Large-Scale Infrastructure Operational Programme (POIM) in the Ministry of European Investment and Projects announced the…
Verchere: High gas prices are not reflected in profit, with a tax rate of 47%
High gas prices are not reflected in OMV Petrom’s results due to extremely high taxation – in 2021, the effective…
Bogdan Aurescu: Gas crisis in Moldova – case study for Russia’s hybrid war
Bogdan Aurescu, the Romanian Foreign Minister, spoke in a CNN interview about the natural gas crisis in the Republic of…
EC: Debate on the inclusion of gas and nuclear in the taxonomy
The European Commission on Wednesday debated the proposal to classify nuclear energy and gas as green sources of energy transition,…
ICGB will auction the free capacity of the IGB pipeline via the PRISMA platform
The project company ICGB, responsible for the implementation of the interconnector Greece-Bulgaria signed a contract with PRISMA European Capacity Platform…
Bulgaria: 78 mln. euro EU grant to expand gas storage facility
A project to expand the underground gas storage facility in Chiren, northwestern Bulgaria, will be funded with a 78 million…
CE Oltenia asks 800 million euros from the Modernization Fund for two new gas-fired power plants
Oltenia Energy Complex has submitted applications for funding from the Modernization Fund budget for the two natural gas power plants…
EU: Divided on the classification of nuclear and gas projects as green investments
The European Commission (EC) proposes to classify nuclear and gas projects as green investments, under certain conditions, according to an…