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Romania’s Declining Oil Production and Imports Signal Ongoing Structural Challenges

Recent statistics from the Romanian National Institute for Statistics reveal a significant downturn in both crude oil imports and domestic production during the early...

Romania sees sharp rise in crude oil imports amid declining domestic production

Data from the Romanian National Institute for Statistics (INS) shows that crude oil imports in Romania reached 4.375 million tons of oil equivalent (toe)...

Romania: Crude oil imports and production decline in 2024

According to data from the Romanian National Institute for Statistics (INS), Romania's crude oil imports for the first five months of 2024 totaled 2.568...

Bulgaria allowed to export petroleum products from Russian crude oil to Ukraine

Bulgarian Council of Ministers allowed the export of petroleum products derived from Russian crude oil from Bulgaria to Ukraine as of 5 February 2023. The...

Romania’s crude oil imports in the first eleven months of 2022 amounted to 8.056 million tons of oil equivalent

According to the data provided by Romanian National Institute for Statistics (INS), Romania's crude oil imports in the first eleven months of 2022 amounted...

Romania’s crude oil imports in the first ten months of 2022 amounted to 7.227 million tons of oil equivalent

According to the data provided by Romanian National Institute for Statistics (INS), Romania's crude oil imports in the first ten months of 2022 amounted...

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Southeast European power markets swung from near €200/MWh midweek to zero and negative prices during Sunday’s solar peak, while evening electricity still climbed above...

Solar surge drives SEE power prices to zero before €225/MWh evening rebound

Day-ahead electricity prices across much of Central and Southeast Europe fell to zero or negative levels during Sunday’s solar peak before rebounding above €225/MWh...