AFM: Electricity charging stations may apply for funding from December 13th
Public institutions and administrative-territorial units wishing to participate in the Program “Charging stations for electric vehicles in localities” can create,…
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EU to compel member states to renovate low energy performance buildings
European Union is set to propose a set of rules that will force member states to renovate buildings with the…
Enel included once again among world sustainability leaders in FTSE4Good index
Following FTSE4Good’s review of the second half of 2021, Enel was confirmed once again in the FTSE4Good Index Series, which…
C. Popescu: Investments in solar parks rejected by the GSM were part of Electrica’s Strategic Plan
Electrica’s shareholders rejected the plan to take over some solar parks of about 31 MW, taking the market by surprise.…
OMV Petrom doesn’t foresee any issues with gas supply for this winter
OMV Petrom doesn’t foresee any issues with gas supply for this winter The Romanian market will have enough gas to…
Surge in excise duties will increase fuel prices from January
The level of excise duties will increase slightly next year for almost all product categories, thus also increasing fuel prices.…
Large energy consumers received subsidies of over 130 mln. euro for the payment of bills
Ministry of Energy has paid more than 130 million euro to large energy consumers, an amount related to last year’s…
Establishment of the Council for International Sustainability Standards, a step forward in defining ESG indices
The Foundation for International Financial Reporting Standards (IFRS Foundation) has officially announced the establishment of the International Sustainability Standards Board…
FIC expresses its concern on the lack of transparency and dialogue in drafting major changes in tax legislation
At the beginning of autumn, Foreign Investors Council (FIC) member companies were confident in the positive evolution of the economy…
E-Distributie Muntenia extends by 20 Km the power grid in Ilfov and Giurgiu
E-Distribuţie Muntenia, the electricity distribution operator part of the Enel Group, is carrying out works to expand the electricity distribution…
EY: Sustainability needs a 50% increase in global networks investments
Markets around the world need to modernize and expand their infrastructure to support a smooth global transition to renewable energy,…
Minister of Energy: Enel’s investments are not affected; energy producers will only be surcharged until March
Enel’s investments in Romania will not be affected by the measures taken by the authorities for consumer protection this winter,…
OMV Petrom plans to invest 11 bln. euro by 2030, as part of a new strategy
OMV Petrom will invest 11 billion euro by 2030 to reduce carbon emissions, this being the largest private investment plan…
Romania will increase its gas storage capacity to over 4 bln. cubic meters
Romania plans to increase gas storage capacity to more than 4 billion cubic meters, from 3 billion at present, Energy…
Competition: Companies are not allowed to announce prices in advance
Competition Council draws the attention of the professional associations that each company must independently establish its commercial policy, and the…
Capping bills will cost the state budget at least 4 bln. lei
Romanian Government wants to allocate 4 billion lei next year to offset and cap energy bills for domestic and industrial…
Azomureş will carry out the revision planned for next summer this winter
Azomureş made the decision to move this winter the revision that was planned for next summer, in the context in…
Azomureş temporarily stops fertilizer production due to the high price of energy
The most important producer of fertilizers used by Romanian agriculture and industry, Azomureş, announced that it will temporarily stop production,…
Artur Stratan, new senior consultant of partnerg-i
The company partnerg-i, specialized in complete consulting and representation of industrial consumers of electricity and natural gas in the acquisition…
Omicron variant contributes to lowering the price of oil
Crude oil prices fell by 15% in a single session, with investors anticipating new restrictions with the advent of the…
EC urges Romania to complete the maritime spatial planning
European Commission has called on Greece, Croatia, Italy, Cyprus and Romania to ensure the proper implementation of Directive 2014/89/EU establishing…
Gazprom is in no hurry to get approvals for Nord Stream 2, in the context of high gas prices
Gazprom’s record profit in the third quarter of this year due to high gas prices on the European market means…
Prolemn: State subsidizes heating with fossil fuels, while biomass energy is not supported
Wood provides cheap, affordable, renewable thermal energy, based on an internal resource, but paradoxically the state subsidizes heating with fossil…