Oil production dropped by 4.3 % in 2016 – Romania, 24 February 2017

According to the data from the National Institute of Statistics (INS), oil production in Romania in 2016 amounted to 3.577 million tons of oil equivalent, which is 4.3 % (160,600 tons of oil equivalent) less compared to last year. At the same time, Romania imported crude oil in the amount of 7.468 million tons of […]

Domestic production covered 81 % consumption in January – Macedonia, 24 February 2017

Total electricity consumption in Macedonia in January amounted to 840,394 MWh, natural gas consumption amounted to 46.663 million cubic meters, coal consumption reached 469,206 tons, while the consumption of petroleum products stood at 87,872 tons. According to the data from State Statistical Office, 81.1 % of the consumed electricity in January was covered by domestic […]

EC to take Hungary to court over regulated energy prices – Hungary, 24 February 2017

The Chief of the Cabinet of the Hungarian Government Janos Lazar said that the European Commission (EC) will take Hungary to court over regulated energy prices. According to him, EC wants to leave price regulation up to companies, while the Government believes that the state should decide on energy price regulation. In December 2016, The […]