News about Energy

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.

European financial markets are under strain as the U.S. and Israeli war against Iran renews fears that an energy shock could exacerbate inflation. The region is almost entirely dependent on oil and gas imports. The price of Brent crude has risen nearly 10% since Friday, while natural gas prices in Europe have jumped 50%.

Romanian Energy Minister Bogdan Ivan claims that the Vertical Corridor could bring Romanian companies additional profits of up to 250 million euros a year.

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.

US President Donald Trump delivered his State of the Union address to Congress, breaking his record for the longest speech – it lasted 108 minutes, according to Logos Press.

During his visit to Washington, Energy Minister Dorin Junghietu met with representatives of the World Bank (WB) and and Carlyle Group, Logos Press reported.

Moldova is open to participation in the Caspian-Black Sea-Europe energy corridor project and is also considering the possibility of purchasing liquefied natural gas (LNG) from Azerbaijan, Logos Press reported.

An expert group of the European Commission with the participation of representatives of Ukraine, Hungary, Slovakia and Croatia will discuss the consequences of disruptions in oil supplies through the Druzhba oil pipeline and alternative routes of fuel transportation (including the use of the Croatian Adriatic pipeline), Logos Press reported.

A year ago, China stopped direct imports of liquefied natural gas from the United States amid an escalating trade war between the two world economic leaders. However, Chinese companies continued to buy LNG under long-term agreements with U.S. producers, Logos Press reports.

At least 24 enterprises will receive Swiss funding totaling 1.85 million euros under the grant agreement for the project “Increasing the energy sustainability of SMEs in Moldova”, Logos Press reported.

The Energy Ministry has started the process of reorganizing the state-owned Moldelectrica, the electricity transmission system operator responsible for the centralized operational management of the national electricity system, into a joint stock company, Logos Press reported.

Excise rates on alcohol, tobacco and energy products will be brought in Moldova to the EU minimum, except for diesel fuel, the excise tax on which will be lower than the European minimum, Logos Press reports.

The inflow of water from the Carpathians to the Moldovan part of the Dniester has doubled due to relatively warm weather for this time of year and abundant precipitation. The spring flood in Moldova will be much more abundant than in previous years, but how much will depend on Ukraine’s hydropower, Logos Press reports.

Moldova ended the year with a positive export balance for the first time in several years. Shipments abroad in 2025 amounted to $3.8 billion, which is 6.4% more than in the previous period. And this is probably the only good news in the country’s foreign trade balance.

The Kingdom of Norway will open a permanent embassy in Chisinau. This is a new step in strengthening bilateral relations with Moldova, Logos Press reported.

In 2026, the U.S. faces a record increase in electricity consumption, with AI datacenters as the main driver, Logos Press reports.

Azerbaijani President Ilham Aliyev said his country is ready to make significant investments in Serbia, emphasizing the growing strategic partnership between the two countries, Logos Press reported.

The heads of the energy agencies of Uzbekistan, Kazakhstan and Kyrgyzstan agreed to strengthen coordination in the water and energy sector, Logos Press reported.