06.10.2015

The Romanian government might approve Wednesday the increase of the price for local natural gas for household consumers to RON60/MWh, Energy Minister Andrei Gerea stated. more

06.09.2015

Romania managed in the first four months to cover its natural gas needs entirely from the local production and thus, it was no longer forced to import gas from Gazprom, according to Gabriel Selischi, more

06.05.2015

The recently announced natural gas price hikes for household consumers could mean an of 1.4 billion lei (EUR315 million) for the revenue of Romania’s main natural gas producer Romgaz (SNG.RO) over more

06.04.2015

Romanian state-owned natural gas transport company Transgaz (TGN.RO) has signed a memorandum of understanding with its Ukrainian peer Ukrtransgaz to develop the natural gas infrastructure which will more

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

05.11.2015

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

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

02.23.2015

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

02.17.2015

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

02.11.2015

Bulgaria, Romania, Hungary and Greece plan to promote at the level of the EU a project to interconnect their natural gas networks into the Aegean Baltic Corridor and plan to require European more

02.03.2015

Romanian natural gas producer Romgaz Medias (SNG.RO) will supply natural gas worth 811.3 million lei (EUR184.3 million) to state-run electricity and thermal power producer Electrocentrale Bucuresti more

02.03.2015

Romanian natural gas producer Romgaz (SNG.RO) is in talks to take over a 32.5% stake in two offshore fields leased to Canada’s Sterling Resources, whose exploration in the area, carried out since more

01.28.2015

The completion of natural gas market deregulation is likely to leave Romgaz without one of the “engines” that brought it record high profit after the first nine months of 2014: gas price more

01.12.2015

Energy regulator ANRE expects electricity and natural gas consumption to stall this year or even decline slightly amid moves to boost energy efficiency, after electricity demand contracted by 3.8% and more

01.12.2015

The price of a liter of gasoline went below the threshold of RON5 in Bucharest, after an over 20% decline from the July peak. While this is good news for drivers, analysts are warning there are also more

01.07.2015

The price of local natural gas for household consumers and thermal power producers supplying heating services to household consumers will remain unchanged at RON53.3/MWh until June 30, 2015, according more

12.09.2014

Romania, Greece and Bulgaria on Tuesday signed an agreement targeting the joint development of a regional natural gas infrastructure. more

12.03.2014

The price of natural gas produced domestically and delivered to household consumers will not be raised until July 1, 2015, the Department for Energy said in a press release Wednesday. more

12.02.2014

Romania will focus on the construction of a EUR230 million gas pipeline to transport gas from the Black Sea to Podisor, Giurgiu county, southern Romania, said minister-delegate for Energy Razvan more

10.16.2014

Romania’s natural gas needs might increase by 42% in case of a 6-month Russian gas supply disruption to Europe, according to a European Commission's Stress Test published Thursday. more

09.02.2014

Minister-delegate for energy Razvan Nicolescu said Tuesday that he is not ruling out a potential natural gas supply crisis this winter, in the context of the conflict between Russia and Ukraine, but more

09.02.2014

Romanian state owned natural gas producer Romgaz Medias (SNG.RO) invested EUR27 million in raising by nearly 40% the storage capacity of a natural gas facility in Urziceni, Ialomita County. more

08.26.2014

The European Commission’s enterprise directorate-general wants Romania to eliminate a legislative provision forcing local natural gas producers to consider household consumers a priority and the more