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

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

01.29.2015

OMV Petrom's natural gas sales rose 5% in the last quarter of 2014, to 14.31 TWh, from 13.56 TWh in the last quarter of 2013, and its hydrocarbon output registered slight growth. 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

01.07.2015

Shell and Turkish Petroleum will start exploration activities in January in the western Black Sea, near the area where Exxon and OMV made a considerable gas discovery in 2012. more

12.31.2014

Romania has a natural gas pipeline network of about 53,600 kilometers, which includes the transmission network operated by Transgaz (TGN.RO) and the distribution networks, the biggest of which managed more

12.29.2014

Government anticipates Russian gas delivery issues throughout the winter season, so that electro-thermal power stations running on natural gas and fuel oil will hike their fuel oil stocks, while the more

12.29.2014

Russian giant Gazprom reduced deliveries of natural gas to Romania again, by 30%, Energy Minister Andrei Gerea said, adding that there is no reason for concern at the moment. more

12.22.2014

OMV Petrom (SNP.RO) has signed an agreement with Energocom in the Republic of Moldova and will stat delivering natural gas to Moldova on January 1, through the Iasi-Ungheni pipeline, sources close to more