Higher fuel prices as of January 1, 2019

Fuel prices will increase as of January 1, 2019. The litre of fuel will cost by RON 0.20 more, resulting in costs by RON 10 higher for a 50 litres full tank. The increases are the consequence of increased excise ...

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Petroleum companies on the announced Gov’t ordinance: Most affected will be the small producers

The Romanian Petroleum Exploration and Production Companies Association (ROPEPCA) has reacted to the announcement made by the Finance Minister and argues the capping of natural gas price from domestic production to RON 68/MWh until 2022, will affect first of all ...

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ANRE hikes distribution tariffs, energy price to increase as of January 1

Electric energy tariffs will grow by 0.74% as of January 1, 2019, leading to an increase of the energy bill by RON 3.5 per year, on average, for the household consumer, a release on Friday from the National Energy Regulation ...

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EC, concerned about delays in Magurele laser project

The European Commission is concerned about the delays within the Magurele laser project. European Commissioner for Regional Development, Corina Cretu has met the new minister of Research, Nicolae Hurduc on Thursday, with Cretu stressing the Romanian authorities must find a ...

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Fondul Proprietatea criticizes Engie’s decision to oppose listing

Fondul Proprietatea on Thursday criticized the recent decision taken by the General Shareholders Assembly of Engie on 28 November 2018 against its proposal to list its 12 percent stake in the company “Fondul Proprietatea is disappointed with the decision taken ...

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