Send us a message, and we will definitely consider your suggestions and comments.
All
Accidents
Agribusiness & Winemaking
Art & Culture
Artificial Intelligence
Banks & Finance
Business & Companies
City & Regions
Culture
Digitalization
Economy & Law
Education
Electricity
Energy
European Integration
Events
Export & Import
FinTech
Gas
Global Economy
Global Markets
Green Economy
Healthcare
Infrastructure
International Trade
Investments & Markets
IT Market
Logos Press Exclusive
Moldova’s Economy
Municipalities
Point of View
Politics & Economy
Pro Business
Renewable Energy
Retail & HoReCa
Social Sphere
Society
Sport & Tourism
Technology & Innovation
Territorial Reform
Top News
Tourism
News
The government and importers of petroleum products have analyzed several options and mechanisms that could be applied to ensure that a possible price increase would be “gradual” and would not have a drastic impact on consumers.
A complete ban on imports of liquefied natural gas (LNG) from Russia by EU countries will come into force on January 1, 2027. In the meantime, Europeans are actively buying Russian LNG.
Rapidly rising prices for gas and oil products are becoming a serious social problem and may result in irreparable economic losses for businesses.
No EU country has tapped its strategic oil reserves because of the escalation in the Middle East, European Commission spokeswoman Ana Kaiza Itkonen told a briefing on Monday.
The National Energy Regulatory Agency (ANRE) stated that the hostilities in the Persian Gulf continue to have a significant impact on the prices of crude oil and petroleum products.
Export and re-export of gasoline and diesel fuel from Giurgiulesti port may be restricted if stocks fall below 8,000 tons of gasoline and 25,000 tons of diesel fuel. Under the same conditions, ship bunkering services will be suspended.
This is reported by the National Crisis Management Center.
The first signs of gas supply problems have appeared in Europe: Transnistria, which broke away from Moldova, warns of gas shortages. The situation is likely to deteriorate further if LNG supplies from the Middle East are not resumed soon, which is an extremely unlikely scenario at the moment.
Leading Greek companies in the electricity sector in Greece and the region, PPC Group and METLEN, have signed a joint venture agreement aimed at developing, constructing and operating a portfolio of BESS (Battery Energy Storage Systems) projects up to 1500 MW / 3000 MWh in Romania, Bulgaria and Italy.
For the first time since November 2025, Ukraine started supplying electricity abroad. Specifically, on March 5, a minimum export to Moldova was recorded. Before that, the last time electricity was exported was on November 11, 2025.
China imposes temporary restrictions on exports of diesel fuel and gasoline to meet domestic needs amid regional instability. Countries in the region are trying to find alternative sources, in particular, increasing interest in Kazakh oil.
The Board of Directors of the National Energy Regulatory Agency (ANRE) has revoked the status of qualified small power producer from 13 companies that failed to fulfill the obligations set forth in the current legislation.
The director of the Romanian company Transgaz, Ion Sterian, has assured that Romania currently has no problems with natural gas supplies despite the escalation of the war in the Middle East. The head of Transgaz said that consumption is covered by domestic production and storage facilities, while gas transit to Ukraine and Moldova continues as usual.
Last year Moldova set a record for commissioning solar power plants, bringing the total capacity to 710 MW.
Against the background of expensive energy resources, Energy Minister Dorin Jungietu on a business trip to Baku was primarily interested in the construction of large wind farms in Moldova (total capacity of 170 MW) and the integration of energy storage systems (BESS).
Within the project “Promoting Inclusive Green Transition in the Republic of Moldova”, implemented by UNDP, Voluntary Waste Collection Centers will be built in Calarasi, Ungheni and Leova. The costs of construction and commissioning of the centers are covered by the European Union. The total cost of investments is estimated at 1.8 million euros.
Representatives of several large energy and construction companies from Greece, at a meeting with the leadership of the Moldovan Energy Ministry, expressed interest in investing in Moldova.
Exchange prices for gas in Europe on Monday afternoon sharply accelerated growth – up to 32%, exceeding $515 per thousand cubic meters. The main reason – the world’s largest gas supplier, Qatar’s state-owned energy company QatarEnergy announced that it would stop producing liquefied natural gas (LNG) at all of its facilities due to drone attacks on its facilities.
On February 27, the Brussels authorities announced the launch of an in-depth investigation into the Oltenia energy complex in Romania. The reason was doubts as to whether Bucharest had complied with EU conditions in the process of restructuring the complex or had abused state aid and violated competition rules on the domestic market.
Starting from Monday, March 2, 2026, the Consumer Relations Center of “Moldovagaz” JSC, located in Chisinau at 64, Pushkin St., will suspend its activity.
Crude oil on the world markets traded in multidirectional quotes all week, but maintaining rather high prices and reacting nervously to geopolitical challenges. Before the weekend, the price of the main brand Brent consolidated above $71 per barrel and indicated clear intentions for further growth.
