NGOs call for demolishing Nord Stream 2 to avoid environmental damages
Environmental NGOs warn that leaving the unused Nord Stream 2 pipeline at the bottom of the Baltic Sea could cause…
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Fitch Ratings gives E.ON a positive and stable rating following its recent mandate
The E.ON Group has announced that it has recently commissioned the rating agency Fitch to give it a new rating,…
Romanians began to save on electricity – household consumption fell by 4.4% in Q1
Romanian households electricity consumption was lower by 4.4% between January and March 2022, compared to the same period last year,…
Gazprom will no longer use Yamal-Europe for gas transit via Poland
Russia’s Gazprom Group said it will no longer be able to export natural gas through Poland via the Yamal-Europe pipeline,…
Electrohold, buyer of CEZ assets in Bulgaria, targets digitalization and e-services
Electrohold, part of the largest public holding in Bulgaria – Eurohold, launched its new visual and corporate identity at an…
10 million euro for the rehabilitation of heating points in Oradea – one month to submit projects
Oradea City Hall has started a European project of about 10 million euros, excluding VAT, for the rehabilitation of the…
wpd Romania: We accelerate investments in onshore wind and photovoltaic, with projects of more than 1.6GW
The German group wpd signed an agreement on May 6, 2022 with the American fund GIP for the sale of…
Green NGOs are calling for new protection regulations in offshore oil operations
Environmental organizations Greenpeace, Bankwatch, 2Celsius, WWF and Declic have sent an open letter to members of Parliament regarding the offshore…
FIC: 40% of companies plan to invest more in 2022
The Foreign Investors Council published the Business Sentiment Index (BSI) results for the latest edition, spring 2022. The survey shows…
Radu Dudău: We hope for a positive result of the strategic project of the Black Sea gas
Romania’s Parliament is finally moving at a record speed on the Black Sea gas strategic project and we hope for…
Andronache: We are working on production capacities of 18,000 MW that must be injected into the grid at some point
The permits issued for green energy currently amount to a capacity of 2,800 MW and more than 18,000 MW of…
Chiriţoiu: I do not expect any price reductions for gas, electricity or fuel in the coming months
The president of the Competition Council, Bogdan Chiriţoiu, stated that he does not expect the price of natural gas, electricity…
Nuclearelectrica announces a 249% increase in net profit in Q1
Societatea Național Nuclearelectrica (SNN) obtained, in the first three months of the current year, a net profit of 818.901 million…
INS: Natural gas prices have risen by more than 85% in the last year
Natural gas, potatoes and edible oil prices have risen the most in the past year, according to data from the…
Adrian Vasilescu: Energy continues to fuel inflation around the world
Energy continues to fuel inflation around the world, and it is likely to see it decline at the end of…
Energy Ministry launched in consultation the documents for the production of batteries and PV panels through PNRR
The Ministry of Energy has launched in public consultation the documents regarding the access to European funds from the National…
Rompetrol invests 4.2 mln. USD in the modernization of the Vega Ploieşti refinery
Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), has completed a 4.2 million USD investment in the…
World Bank advises Romania in developing its hydrogen strategy
The World Bank will help us with a set of materials on technical regulations regarding hydrogen, Zoltan Nagy-Bege, vice-president of…
Romania’s annual inflation rate rose to 13.76% in April
The annual inflation rate rose to 13.76% in April 2022, from 10.15% in March, given that non-food prices rose by…
A. Borotea (RWEA): The development of the value chain is the main topic at RESInvest, May 17-18 (Bucharest)
Wind energy has become a natural presence among the main sources of energy production in Romania. We discussed with Adrian…
Offshore law was adopted by the Senate, Chamber of Deputies follows – as decision-making body
The Senate adopted on Wednesday, as the first chamber notified, the draft amendment to the Offshore Law initiated and assumed…
Popescu: The offshore wind law will be issued this summer
The energy potential in the offshore wind area is very high and a law is needed to start the investments,…
Nofar Energy will invest in 1 GW of renewable projects this year
Nofar Energy recently signed a purchase contract for a 169 MWp photovoltaic project in Iepurești, Giurgiu County and which will…