Romania: GE Vernova secures...

GE Vernova has signed an agreement with Greenvolt International Power to supply wind...

Montenegro launches geological surveys...

Geological surveys for the Krusevo hydropower plant have started, marking the first concrete...

Montenegro: EPCG and France’s...

Montenegro’s state-owned power utility EPCG has signed a cooperation agreement with French renewable...

Croatia enters heating season...

Croatia is entering the new heating season with stable gas supplies, high storage...
Supported byClarion Energy
HomeSEE Energy NewsRomania: Decreasing of...

Romania: Decreasing of fuel consumption in 2020

Due to the coronavirus pandemic, fuel consumption in Romania will fall by 10% this year, and demand will not return to pre-pandemic levels earlier than 2022, said OMV Petrom’s Downstream Oil director Radu Caprau.

Caprau said that in the second quarter, the demand for oil products was strongly affected, which will be reflected in year-on-year decreases, despite a recovery trend in the following period, which is better than initially estimated.

According to OMV Petrom’s data, in the first half of 2020 the demand for fuels on the retail market decreased by 13 % compared to the same period last year. The strongest decrease was recorded in the second quarter of the year, respectively 25 % compared to the second quarter of 2019.

 

 

 

 

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Romania to permanently close Isalnita coal-fired power plant in January 2026

Romania’s Ministry of Energy has announced that the coal-fired Isalnita thermal power plant in Dolj county will be permanently shut down on 1 January 2026. The plant is part of the Energy Complex (EC) Oltenia. Energy Minister Bogdan Ivan made...

Romania: GE Vernova secures order to supply 252 MW Ialomita wind project

GE Vernova has signed an agreement with Greenvolt International Power to supply wind turbines for the 252 MW Ialomita wind farm in southeastern Romania. The order, confirmed in the third quarter of 2025, includes the delivery, installation, and commissioning of...

Montenegro launches geological surveys for strategic HPP Krusevo

Geological surveys for the Krusevo hydropower plant have started, marking the first concrete step in one of Montenegro’s key energy projects. The work follows a contract signed on 29 November 2024 between EPCG and the Jaroslav Cerni Institute for...
Supported byVirtu Energy
error: Content is protected !!