Virgil Popescu: I would not say that a huge crisis is coming, it is an economic crisis superimposed on the health crisis
“We are in an economic crisis, but we are in a crisis that is superimposed on a health crisis. I…
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Romania imported massive amounts of gas on Friday, after OMV Petrom reduced production
Romania’s gas imports amounted to 20% of national consumption on Friday, as OMV Petrom stopped several installations at the Hurezani…
Gas imports increased by 0.4% in the first seven months, production fell by more than 11%
Romania imported, in the first seven months of 2020, a quantity of usable natural gas of 1.116 million tons of…
Romania imported twice as much electricity in the first half of this year
The country’s electricity imports amounted to 3.49 TWh in the first six months of this year, twice as much as…
AFM: 18.5 million lei for the modernization of public lighting in 27 localities
The Administration of the Environmental Fund (AFM) published the list of the first administrative-territorial units whose files were approved within…
FP to sell about 25% of its OMV Petrom shares
Bogdan Tudorache The Investment Manager of Fondul Proprietatea (FP) announces the launch of an accelerated bookbuild offering of a base…
Just Transition Fund: MEPs voted in for financing natural gas
The European Parliament voted yesterday the regulation of the Just Transition Fund worth 17.5 billion euro, which will allow the…
Donalam invests about 11 mln. euro in the modernization of its rolling mill in Călărași
AFV Beltrame Group, the main shareholder of Donalam, one of the largest European producers of steel bars and special steels,…
Christopher Veit, new member of the Management Board of OMV Petrom
The Supervisory Board of OMV Petrom has appointed Christopher Veit as a member of the Management Board of OMV Petrom…
Virgil Popescu: The price of natural gas this winter will be lower than in 2019
Natural gas has become cheaper in Romania, said Virgil Popescu, Minister of Economy, Energy and Business Environment, offering assurances that…
Schneider Electric completed the low voltage power installations of the Emag logistics warehouse
Schneider Electric Romania has built the entire electricity management system of the largest logistics warehouse in South-Eastern Europe, located at…
Enel X Romania installs new electric vehicle charging stations in Timișoara
Enel X Romania, part of Enel X, the advanced energy services division of Enel Group, has put into operation two…
Austrian officials: Poisoning of Russian opposition politician Aleksei Navalny does not jeopardize the future of Nord Stream 2 gas pipeline
The poisoning of Russian opposition politician Aleksei Navalny does not jeopardize the future of the Nord Stream 2 gas pipeline,…
Energy Efficient House program offers subsidies of 60% and a maximum of 15,000 euro
About 9,000 Romanians can benefit from 15,000 euro each for energy efficiency in homes, through the Energy Efficient House financing…
IEA expects a slowdown in oil demand in 2020
International Energy Agency (IEA) has worsened its oil demand estimates for 2020 amid reduced air travel, continued long-distance work and…
Renewable energy – high expectations and on-going projects
Romania could install more than 5,000 MW in new renewable capacity in the coming years, said Sebastian Enache, Business Development…
Romgaz and GSP Power announce a new gas plant in Halânga
Romgaz announced the project to build a new gas plant inside the old thermal power plant in Halânga, Mehedinți. The…
MEPs to vote for more ambitious emission reductions target by 2030
Environment Committee MEPs voted on Friday to make climate neutrality obligatory by 2050 in both EU and member states and…
Ukrainian operator GTSO wants to sign new interconnection agreements with Transgaz
The operator of the Ukrainian gas transmission system, GTSO, intends, for the second half of this year, to sign interconnection…
Brașov will be the first big city in Romania to have 100% electric public transport
The Minister of Environment, Waters and Forests, Costel Alexe, announced that Brașov will be the first big city in Romania…
Czech company Photomate enters the Romanian market with Huawei FusionSolar inverters
Photomate is a Huawei solar inverters authorized distribution partner since 2011 and is well-experienced in Huawei inverter products in technical…
Vadim Ceban, Moldovagaz: There are requests from some Romanian suppliers, but Gazprom gas is cheaper
Moldovagaz is already receiving requests for cooperation from Romanian natural gas suppliers, but it is currently more convenient for gas…
Nuclearelectrica: Investment of 190 mln. euro in a detritification plant
Nuclearelectrica (SNN) and the EBRD are waiting for bids for a detritification plant until October 21, according to an announcement…