Electrica Group reports massive losses
The electricity supply, distribution and production group Electrica SA, where the largest shareholder is the Romanian state through the Ministry…
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Crude oil futures surged more than 6% to above $97 a barrel
Crude oil futures surged more than 6% to above $97 a barrel in the early trading on Monday in Asia…
Rouble plunges to record low, dollar holds firm as West bolsters Russia sanctions
The rouble plunged to an all-time low on Monday, and the dollar soared against nearly all peers after Western nations…
Germany will accelerate plans to reduce its dependence on Russian gas
Germany will implement plans to build two new liquefied natural gas (LNG) terminals and also increase its natural gas reserves…
Lorand Fulop, transferred from AFM to ANPM
Former President of the Environmental Fund Administration, Lorand Fulop, has been appointed President of the National Agency for Environmental Protection.…
Ghiță: We have not made a decision on the management of waste from SMRs
Authorities have not yet made a decision on how to manage the waste from the nuclear power plant with small…
Burnete, Concordia: Government announces new energy measures without any document
Prime Minister Ciuca and the Minister of Energy announced on Thursday evening new measures in the field of energy, applicable…
L. Orban: If resources are exploited efficiently, Romania does not need Russian gas in the hot season
The leader of the Force of Right Party, MP Ludovic Orban, considers that Romania does not need Russian gas in…
Romgaz’s profit increases by 52% amid rising gas prices
SNGN Romgaz SA posted a preliminary net profit of 1.90 billion lei for 2021, up 52% compared to the previous…
Transgaz: Level net result, appointment of the chairman of the Board – Petru Văduva
The Transgaz National Natural Gas Transmission Company registered a net profit of 166.938 million lei last year, 1.03% higher than…
The 3-month ROBOR index has risen to its highest level in nine years
The 3-month ROBOR index, according to which the cost of most loans is calculated, rose on Friday to 3.78% per…
Republic of Moldova declares state of emergency, fuels are becoming more expensive
The Republic of Moldova is entering a state of emergency, announced on Thursday the President Maia Sandu, who asked in…
AEI: The price of gas has risen sharply on the BRM by 12% in the last two days
The price of natural gas has risen sharply on the Romanian Commodity Exchange (BRM) by 12% in the last 2…
Transgaz: There are no problems with Romania’s gas imports through Ukraine
Romania’s gas imports through Ukraine are normal and, if there are interruptions, the gas flow can be easily redirected through…
EU: Gas prices rise 41% after Russia attacks Ukraine
European benchmark gas prices rose 41 percent on Thursday after Russian forces attacked targets in Ukraine and the West promised…
UTI: Contract of 12 mln. euro for the extension and modernization of the electrified transport from Târgu Jiu
UTI Construction and Facility Management, as the leader of an association which also includes TIAB, Urban Profile Grele şi Altimate,…
Transelectrica semnează un acord de consultanță cu BEI
Experții tehnici ai Băncii Europene de Investiții și Transelectrica vor cooperarea în vederea accelerării investițiilor energetice din România. Vice-președintele BEI…
ANRE: Prosumers with installations up to 200 kW will be compensated quantitatively
Prosumers with powr producing installations of up to 200 kW will be quantitatively compensated until December 31, 2030, and those…
The Center for the Study of Democracy has launched the Romanian Observatory of Energy Poverty
The Center for the Study of Democracy (CSD) has set up the Romanian Energy Poverty Observatory, to provide a 360-degree…
Reuters: Russian forces invade Ukraine with strikes on major cities
Russian forces fired missiles at several cities in Ukraine and landed troops on its south coast on Thursday, officials and…
Nuclearelectrica to invest €1.85 billion for another 30 years of operation of reactor 1 at Cernavodă
The investment decision approved by the shareholders of Nuclearelectrica paves the way for a process of refurbishment that will allow…
Elisei, Deloitte: I don’t see taxonomy as good news, but as an alarm signal
The EU taxonomy is rather an alarm signal, as it announces the last days of unsustainable investments, says Sorin Elisei,…
Ogre AI – funding of 2 mln. euro from EGV and MMC
Ogre AI, a startup focused on data science and specializing in providing solutions for the energy sector, based on machine…