IEA: 10 measures the EU should adopt to reduce Russian gas dependency
The International Energy Agency has presented the EU with 10 measures to reduce its dependence on Russian natural gas within…
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Republic of Moldova has signed the application for EU accession, it will need investments of 4 bln. euro
President Maia Sandu announced on Thursday evening that she has signed the application for the accession of the Republic of…
T. Chirica: A nuclear tragedy like the one at Chernobyl is no longer possible
A nuclear tragedy of the magnitude of Chernobyl cannot be possible anymore, as the current power plants are protected by…
Petromidia refinery – scheduled technological shutdown
Rompetrol Rafinare, member company of the KMG International Group (KMGI), will suspend the operational activity of the Petromidia Năvodari refinery,…
OMV Petrom supports humanitarian aid operations for refugees from Ukraine
OMV Petrom joins the efforts of civil society and the Romanian authorities in supporting refugees from Ukraine. Thus, the company…
Dragoș Bărbulescu joins the CEZ Romania team
Starting with March 2022, Dragoș Bărbulescu holds the position of CFO and Member of the Management Board within CEZ Romania.…
IAEA announces that the “essential” equipment of the Zaporozhye plant is not affected
Essential equipment at Ukraine’s Zaporozhye nuclear power plant is not affected by Russian bombings, and radiation levels remain unchanged, the…
MIPE announces that German giant Varta is interested in a 1 billion euro investment in Romania
Roxana Mînzatu, Secretary of State in the Ministry of European Investment and Projects, announced in a Facebook post that the…
New protection measures for consumers risk to bring about a string of insolvencies in the power supply market
More than a week ago, prime minister Nicolae Ciucă announced the Government was close to finishing measures for protecting the…
AFP: Russian oil giant Lukoil calls for halt to Ukraine armed conflict
Russian oil giant Lukoil on Thursday called for an immediate halt to fighting in Ukraine, one of the first major…
Coal is back in the spotlight
All of Europe is anxiously checking the storage levels of its gas depots these days as Russia’s ongoing invasion of…
E.ON donates 250,000 euro to help refugees in Ukraine
The companies of the E.ON group in Romania donate 250,000 euro to the Romanian Red Cross in order to contribute…
Iohannis: The European Union’s dependence on Russian gas must end
The European Union’s dependence on Russian gas must end, President Klaus Iohannis said in a joint conference with European Commission…
Virgil Popescu spoke with the Azerbaijani president about Europe’s gas supply
Romanian Energy Minister Virgil Popescu in Baku spoke with President of the Republic of Azerbaijan Ilham Aliyev and other officials…
Brent oil price continues to rise, reaching almost $117
The price of a barrel of Brent oil supplied in March continued its rise on Thursday and rose by 3.48%…
Gazprom’s natural gas exports fell by a third between January and February 2022
Gazprom’s natural gas exports to countries outside the former Soviet Union fell 32.6 percent in the first two months of…
Fitch and Moody’s downgrade Russia’s rating by six steps to junk
Financial rating agencies Fitch and Moody’s downgraded Russia’s rating by six notches to “junk” (not recommended for investment), saying Western…
Iulian Iancu eyes the position of vice-president of ANRE
Iulian Iancu was nominated by PSD to take over the position of vice-president in ANRE, in place of Alexandru Stănescu.…
BRM gas price rises by more than 50%
The spot price of gas traded in Romania and in Europe increased today by tens of percent, amid the war…
GreenTAGS, a new company specialized in geothermal solutions, launches Romanian operations
GreenTAGS, a new company specialized in innovative green energy capture solutions for heating and cooling buildings, is launching today on…
OMV has stopped talks with Gazprom on a gas field and revises role in Nord Stream 2
Austrian energy group OMV announced that it has abandoned plans to take over a stake in a Gazprom gas field…
Engie condemns invasion of Ukraine and increases gas purchases from Norway
Engie, one of five Western companies that joined as financing partners in Gazprom’s Nord Stream 2 project, condemned the situation…
Italy freezes 500 mln. euro loan for Russian Arctic LNG project 2
Russia’s invasion of Ukraine has prompted Italy to suspend its $21 billion Arctic LNG 2 project, led by private Russian…