08.19.2014

Romania used 3.2% less electricity in the first half, as well as 4.7% less natural gas and almost 3% less fuel. more

08.12.2014

Romania’s natural gas consumption fell 5% on the year in the January-June period, while domestic demand for electricity was down 2%, according to estimates from the country’s largest oil and gas more

07.25.2014

Romania’s leading oil and gas company OMV Petrom (SNP.RO) yesterday sold natural gas worth 15.3 million lei (EUR3.5 million) on the Romanian Commodities Exchange, the market operator said in a more

07.23.2014

Austria’s OMV, which controls Romania’s leading oil and gas company Petrom (SNP.RO), invested EUR41 million to start activities at the OMV Petrom Global Solutions service center of Romania. more

07.11.2014

Romania’s Energy Minister Razvan Nicolescu on Friday urged the energy regulatory authority ANRE to revise its decision forcing natural gas producers to sell part of their output on centralized more

07.10.2014

The European Commission sent a reasoned opening to Romania Thursday asking the country to remove unjustified barriers to exports of natural gas, giving Romania two months to make amends before more

06.26.2014

The Romanian government Thursday said domestic natural gas prices for corporate consumers will remain unchanged at the April level, following a report from the energy watchdog ANRE showing that local more

06.25.2014

The natural gas bill will increase by 2.5% for households and by 1.5% for corporate consumers as of July 1, because of higher import volumes from Russia, the Romanian energy watchdog ANRE said more

06.19.2014

Romanian Economy Minister Constantin Nita on Thursday said the Ministries of Economy and Finance are working on a support scheme for large natural gas producers. more

06.17.2014

Given its declining natural gas consumption amid falling demand from industry, Romania is “hedged” against possible halts in deliveries of Russian gas transiting Ukraine. more

05.30.2014

There is no need for any other increase in natural gas prices in Romania because tariffs have already been aligned to those set by the countries in the region, the country's Energy Minister Razvan more

05.30.2014

Romanian energy regulator ANRE Friday said natural gas tariffs for household consumers will increase by 2% as of July 1 and by 3% as of October 1. more

05.30.2014

Final regulated prices of natural gas for non-household consumers surged 44% during the 2009-2014 period, in the context in which the industry burnt 9.5 billion cubic meters of gas in 2013, down 30% more

05.14.2014

Romgaz, Romania’s biggest natural gas producer, reached revenue of above 881 million euros last year, up 17% from 2009, the toughest year for the Romanian economy after the collapse of Lehman more

04.22.2014

Romania's natural gas consumption fell by 8% in 2013, even lower than the level reached in 2009 - the toughest crisis year for the country's economy- and nearly 20% lower than in 2008. Payments for more

04.10.2014

Slovenian electricity trader GEN-I says it is interested in supplying natural gas and wants to find end power consumers in Romania, after having signed one of the largest deals ever conducted on the more

04.03.2014

Natural gas imports are set to account for a single-digit share of this month’s natural gas consumption, with 2% allocated to the household and 4% to the non-household consumer mix. more

03.20.2014

Nicolae Havrilet, head of the country’s energy watchdog ANRE said Thursday that natural gas price will hike by 2% for household consumers and by 5% for industrial consumers on the regulated market, more

03.18.2014

Between 2007 and 2013, Romania paid $7 billion to the intermediaries of Russia’s gas giant Gazprom for the natural gas imported from Russia. In the past, Russian gas covered one quarter of the local more

03.18.2014

The upcoming price hike for natural gas from domestic production, of 24% starting April 1st, has not prompted large consumers to tap gas bourses in search of a better price. more

03.17.2014

The Romanian industry will get a double blow on April 1 with the introduction of the additional EUR0.07 excise duty per liter of fuel devised by Ponta Government to boost budget revenue and the rise more

02.27.2014

Romania’s largest industrial companies say there is no use for the country to have natural gas resources if they cannot be used for competitive production. more

02.25.2014

Romania is nowhere near becoming a natural gas El Dorado, even if it were to capitalize on its yet untapped shale gas and hydrocarbon deposits, tax and consultancy firm PwC Romania said Tuesday. more

02.24.2014

Romanian OMV Petrom Gas, a unit of the country’s largest oil and gas group OMV Petrom (SNP.RO), last week sold natural gas worth 8.5 million lei (EUR1.88 million) on the national commodities more

01.23.2014

Romania paid some $497 million to the intermediaries of Russia’s gas giant Gazprom for the 1.19 billion cubic meters of natural gas imported in 2013, almost 50% less than $959 million paid in 2012. more