06.04.2015

The Romanian government and the European Commission have agreed on a new gas price deregulation calendar for household consumers, which stipulates annual price hikes instead of the current quarterly more

05.29.2015

OMV Petrom, the only oil and gas producer in Romania, and its partner, US ExxonMobil, have reached five exploration wells in the Black Sea, some completed and others in progress. Each such well more

05.24.2015

Integrated electricity and natural gas supplier E.ON Energie Romania, a unit of Germany’s E.ON, is bearish about 2015 and expects 9% lower operating revenue of 4.8 billion lei (a little more than more

05.21.2015

The natural gas pipeline connecting Iasi in Romania to Ungheni in the Republic of Moldova will be extended to Onesti in Romania and the Moldovan capital Chisinau. more

05.11.2015

Romania’s state-run natural gas producer Romgaz (SNG.RO) and GDF Suez Energy Romania, a unit of French-Belgian utility GDF Suez, have agreed to increase the value of a natural gas supply contract by more

05.11.2015

OMV Petrom, the largest local oil company, says the number of gas stations it has now is optimal, even though it was looking for buyers for a set of about 100 of them last year. more

05.07.2015

OMV Petrom, the only local oil and gas producer, plans to introduce combined electricity and gas offers and thus operate as an integrated utility supplier. It is also trying to protect its fuel sales more

04.29.2015

State-run Romgaz (SNG.RO), the largest local gas producer, says it will step up exploration efforts to identify new gas deposits, so it will drill 40 exploration wells this year, double as many as in more

04.27.2015

GDF Suez Energy Romania, the largest local natural gas supplier, will become ENGIE by yearend, following a group-wide decision to rebrand. more

04.23.2015

The final price of natural gas paid by household consumers will increase by 5-8% as of July 1, energy regulatory agency president Niculae Havrilet said Thursday. more

04.10.2015

Gas-filled shock absorber manufacturer Stabilus Romania, the local subsidiary of the German Stabilus group, expects revenue to reach about 466 million lei (EUR106 million) in 2015, an increase of 50% more

04.09.2015

Oil and gas producers have had to cut investments due to the sudden drop in oil price, which translates into a lower demand for drilling equipment, pipes and drilling services. more

04.06.2015

Braila-based Comision Trade, which bought last year 17 AutoMat gas stations from Bioromoil, opened the first unit in the parking lot of a shopping mall in Braila and wants to reach a 30-unit network more

04.01.2015

The bill Romania paid in 2014 for Russian gas imported through intermediaries from Gazprom stood at $117 million, over four times lower than in 2013 and 14 times less than in 2008, a year when Russian more

03.29.2015

Prices for natural gas delivered to household consumers will decrease by an average 3.9% as of April 1, due to lower acquisition prices and distribution tariffs for gas supplied on the regulated more

03.20.2015

Natural gas bills could drop be 1-3% lower as of April, with the elimination of Russian imports, but the price of domestically produced gas could grow by 6-7% as of July, depending on the result of more

03.17.2015

The ten largest natural gas consumers connected directly to the Transgaz (TGN.RO) transmission network used about 3.3 billion cubic meters of gas last year or 27.5% of the entire amount of gas used in more

03.02.2015

Romania has lost the price advantage it had through the local natural gas production once it completed market deregulation for non-household consumers, according to Frank Hajdinjak, the general more

02.26.2015

Extending the gas pipeline connecting Iasi in eastern Romania to Ungheni in the Republic of Moldova all the way to the Moldovan capital Chisinau will cost EUR110 million to EUR150 million, depending more

02.23.2015

Romania should sell on the market the natural gas production in the Black Sea and position itself as a relevant country in gas transport in the region, Vasile Iuga, managing partner PwC South-East more

02.23.2015

Nearly 33% of non-household consumers have renegotiated their natural gas contracts and obtained smaller prices, Niculae Havrilet, head of Romania’s energy regulator ANRE, said Monday. more

02.22.2015

Representatives of U.S. energy giant Chevron confirmed the company is quitting its interests in shale-gas concessions in Romania, following assessments over the Romanian project. more

02.19.2015

Natural gas consumption in Romania declined 4% last year, on lower demand from fertilizers producers and a mild winter, while electricity consumption stagnated, according to OMV Petrom. more

02.18.2015

OMV Petrom (SNP.RO), Romania's largest oil and gas company, and US’ ExxonMobil have found a new gas deposit, following the drilling of the third exploration well in the Neptun block in the Black more

02.17.2015

The price of local natural gas for household consumers might increase by 7% this year, on April 1 or July 1, depending on government’s decision to annul or not the decision by which it suspended the more