Fondul Proprietatea’s profit is increasing thanks to Hidroelectrica and OMV Petrom
Fondul Proprietatea’s profit in the first six months of 2022 was RON 4,129.7 million compared with RON 1,801.1 million for…
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Hidroelectrica’s profit increased by more than 55% in H1
Hidroelectrica’s net profit increased by more than 55% after the first six months, amid the doubling of energy prices. Thus,…
Raiffeisen Bank lists the first issue of sustainable bonds on the BVB
Raiffeisen Bank listed on Wednesday, August 31, the first issue of sustainable bonds, worth about 500 million lei, on the…
Hungary increases dependence on Russian gas through new contract with Gazprom
The Hungarian government signed an agreement with Gazprom to increase the volume of gas delivered by the Russian state company,…
Gazprom reports a record net profit of around 42 bln. USD in H1
Gazprom recorded a record net profit of 2.5 trillion rubles (USD 41.75 billion) in the first half of 2022, and…
Reference prices for natural gas in Europe are rising, after the halt of deliveries via Nord Stream
Reference prices for natural gas in Europe rose on Wednesday, after Gazprom stopped gas deliveries to Germany through the Nord…
Romania imported in S1 a quantity of electricity of over 3.8 billion kWh
Romania imported in the first six months of this year a quantity of electricity of 3.845 billion kWh, by more…
Virgil Popescu: Mintia buyer has 8,500 MW, has assumed investments of 1 bln. euro
The Ministry of Energy has no interest in blocking Mindia, claims Virgil Popescu, the Minister of Energy, in a Facebook…
ENGIE Romania: We secured the necessary volumes for clients in the portfolio
Against the backdrop of the reduction in gas supplies from Gazprom, ENGIE makes certain clarifications, including regarding the supply of…
Eurohold: Revenues of 839 mln. euro from energy in H1
Eurohold, the parent company of Euroins Romania, recorded 4 times higher total revenues in the first half (H1), with energy…
Maioreanu: Parliament’s approval of the Strategy will strengthen our position in the EU
The approval of Romania’s Energy Strategy by the Parliament will eliminate possible internal political dissensions and strengthen our position in…
ABB launched the innovative solid state circuit for safety and energy efficiency
ABB has launched a new solid state circuit breaker to enable the next generation of safe, energy-efficient direct current (DC)…
AFM: Funding for 919 files in the “Green PV House” program; 17 other projects at “Energy Efficient House”
A number of 919 files were accepted for financing under the “Green Photovoltaic House” program, while 17 files were approved…
Energy prices are falling in Europe, awaiting the intervention of the European Commission
Energy prices in Europe fell on Tuesday, following signs that the region is stepping up efforts to ease a crisis…
Gazprom suspends gas deliveries via Nord Stream between August 31 and September 3
Gazprom will stop gas supplies to Germany via the Nord Stream 1 gas pipeline between August 31, 01:00 GMT and…
AEI: Reducing the price of gas and energy, the goal of the solutions proposed in the energy market
The energy crisis must not allow huge profits to be made for some players, but the measures taken must aim…
Nicolescu: The scheme needs to be urgently recalibrated and resized, the state can’t support it
The electricity market in Romania is not functional, with an outdated market design, with an accidental market (PZU, DAM) becoming…
Termoenergetica calls on PMB to solve the critical financial situation and the debts of 800 mln. lei
Termoenergetica sent an address to the Capital City Hall, but also to the General Council, drawing attention to the debts…
Berlin is preparing for a possible nationalization of Gazprom Germany
The Berlin government has set up a holding company to carry out a possible nationalization of Gazprom Germany, the energy…
Czech PM: The problem of energy prices must be solved at the European level
High energy prices, which affect Europeans, must be resolved at the EU level, Czech Prime Minister Petr Fiala, whose country…
Hungary wants to increase gas supplies from Gazprom
Hungary will continue talks with Russia on increasing gas supplies and expects to reach an agreement with Gazprom on increasing…
Enel X Romania installs a solar park with a total capacity of 3 MW for WDP Romania
Enel X Romania, part of Enel X Global Retail, the advanced energy services division of the Enel Group, is building…
A broader picture – the official report of the 2022 Energy Strategy Summit
We are used to seeing things in certain ways that proved beneficial in the past. When in silos, everything was…