New support scheme for the population’s energy bills, from April 1. VAT on energy drops to 5%
Prime Minister Nicolae Ciuca announced that, from April 1, a new support scheme will enter into force for household consumers…
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EDPR changes global operating model and renews management team
EDPR has implemented a new operating model focused on growth and development in its main regions, with the aim of…
MOL acquires more than 400 gas stations in Poland, sells 185 to PKN Orlen
MOL enters the Polish market by acquiring 417 LOTOS service stations nationwide for USD 610 million. Thus, MOL has the…
Nicolescu: State aid for the payment of energy bills must be given differently, economic agents must not be forgotten
Energy price increases go from 65% -70% to the state budget, directly or indirectly, and this money must be given…
ANRE: Energy suppliers are obliged to give clear explanations to consumers about the value of the bill
Final consumers who have doubts about the value of the invoice should first contact the supplier, who is obliged to…
World Bank: Romanian economy expected to advance 4.3% this year
The Romanian economy is expected to grow by 4.3% this year, compared to a 4.5% advance forecast in June 2021,…
Ministry of Energy published the list of investments that can be financed from PNRR and the Modernization Fund
The Ministry of Energy has published the list of investments that can be financed starting this year with funds from…
NBR: 70% of the inflation index component is determined by energy prices
The National Bank of Romania is trying to anchor inflationary expectations, by raising the monetary policy interest rate and to…
Romgaz: Neptune Deep deal needs clarifying some issues
The signing of the sale-purchase contract for ExxonMobil Exploration and Production Romania Limited shares has not yet taken place, as…
Rompetrol – 100 job openings in Retail for youth leaving the state care system
Rompetrol Downstream, the retail distribution company of KMG International, operating a network of 165 stations across Romania, opens 100 jobs…
Bankwatch launches a call for the study on the energy potential in Motru
To support the local authorities in the energy transition by replacing the current inefficient system, Bankwatch Romania Association opens a…
Eurostat: EU greenhouse gas emissions – down 24% since 2008
The greenhouse gas emissions generated by the economic activities of the resident units of the European Union stood at 3.5…
Nuclearelectrica has joined the HartaEdu project as a strategic partner
Nuclearelectrica has joined the HartaEdu project, as a strategic partner of the Narada association, to facilitate the access of as…
Ukraine gas transit down 25% in 2021, flows to Romania resumed at low speed
As Gazprom resumed transit towards Romania via Republic of Moldova and Ukraine, flows are still weak and reflect a poor…
ECB may have to intervene if energy prices continue to rise
European Central Bank (ECB) may have to intervene if energy prices continue to rise to curb inflation, Isabel Schnabel, a…
Europe’s gas shortage led to a record level of US LNG exports
Extremely high demand in Europe led to a record increase in US exports of liquefied natural gas (LNG) in December,…
Europe electricity price has fallen thanks to favorable weather forecasts
Weather forecasts pointing to rising temperatures are good news for the price of electricity in Europe, which has fallen compared…
Czech Republic to stop using coal by 2033
The new Czech government presented its political program on Friday, which stipulates that the use of coal in energy production…
Electrica Furnizare: Customers will benefit from the facilities for paying energy bills for the cold season
Electrica Furnizare assures its customers that they will benefit from the facilities provided by law for the entire period of…
EU will have to invest 500 bln. euro in new nuclear power plants by 2050
State-of-the-art nuclear power plants will need 500 billion euro worth of investments by 2050, said European Internal Market Commissioner Thierry…
Alexandr Nikolov: Bulgaria loses money due to delays in completing gas interconnection with Greece (Euractiv Bulgaria)
Bulgaria continues to be depleted of revenue because of persistent delays in completing the gas interconnector with Greece, energy minister…
Eurostat: Denmark, Bulgaria and Romania, among the largest increases in industrial production prices
Product prices rose by 1.8% in the euro area and by 2% in the European Union in November compared to…
USR: The cap law is ineffective, measures that include lowering VAT, reiterated
USR reiterates the proposed set of measures to rebalance energy prices, which includes a reduction in VAT and exemption from…