Germany to launch 80 billion euro-stimulus programme for ‘innovation and sustainability’
The German government’s coronavirus recovery programme will likely mobilise funds of about 80 billion to 100 billion euros, Kerstin Schwenn…
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AIE calls for the establishment of a gas dispute resolution center
Bogdan Tudorache Although the liberalization of the gas market has been prepared for 15 years, there has been no consumer…
ROPEPCA is concerned that GEO 27/2020 introduces new risks in the O&G Upstream segment
The Romanian Petroleum Exploration and Production Companies Association (ROPEPCA) warns that the changes brought to the Petroleum Law no. 238/2004…
Depogaz and Depomureş attracted European funds worth almost 200 mln. euro
The Minister of Economy, Virgil Popescu, announced on Friday, in Târgu Mureş, that the two large natural gas deposits in…
Ordinance by which the electricity produced in new power plants is exempted from the sale on OPCOM boosted the investments
The ordinance by which the government exempted from the compulsory sale on the OPCOM stock exchange the electricity produced in…
Popa, OMV Petrom: For investment in the Black Sea we need a competitive fiscal framework, free market and stability
The project on the exploitation of Black Sea gas represents a huge opportunity for Romania and now is the best…
Popescu: The amendment of the offshore law cannot be done only by the Government
The amendment of the offshore law cannot be made only by the Government, but needs political consensus, because it is…
Gilda Lazăr (JTI): Business environment expects dialogue and transparency and elimination of ordinances adopted overnight
Business representatives expect dialogue and transparency from the authorities and to abandon the practice of adopting ordinances overnight, in favor…
Ghita, Nuclearelectrica: Full liberalization of the electricity market is vital to facilitate the construction of new capacities
There is a clear connection between the liberalization of the energy price and conducting investments in the energy field, in…
Economy Minister: The partneship with the Chinese company for Units 3 and 4 couldn’t go further
The partnership with the Chinese company for the construction of Reactors 3 and 4 from Cernavoda started seven years ago,…
Popescu: Gas suppliers are acting as hooligans with the prices in the offers they are currently sending to customers
The current practice of natural gas suppliers to send customers contract offers for the period after market liberalization at a…
Iancu: Hydrogen can be the basis of a new technological and digital revolution
Hydrogen is currently the most spectacular solution to the new challenges, said PSD MP Iulian Iancu, chairman of the Industry…
Holcim maintained its activity in Romania with no incidents caused by Covid-19
“During this period, our first thought was the safety of employees,” said Horia Adrian, executive director of Holcim Romania. “We…
Oil Terminal rejects the proposal to set up a dual management system
Bogdan Tudorache The shareholders of Oil Terminal decided, within the EGSM of May 28, to reject the plan to set…
Electrica approved the merger of the three distribution companies within the group
The Board of Directors of Electrica approved in principle, in the meeting of May 27, the merger by absorption of…
PSD wants to block the listing of Hidroelectrica on the stock exchange by law
A bill blocking any sale of shares to state-owned companies, initiated by PSD, passed quickly, without much debate, by the…
OMV Petrom and Eldrive will install 30 fast charging points in Romania and Bulgaria
OMV Petrom and Eldrive will install 30 fast charging stations for electric cars in OMV’s fuel distribution stations in Romania…
Datteln-4: Controversial German coal-fired power plant to start this week
Germany’s latest coal plant will enter service this week, angering environmentalists who say it threatens to derail the country’s attempts…
Czech state ready to lend CEZ money to push nuclear expansion ahead
The Czech government can lend majority state-owned utility CEZ (CEZP.PR) money for a planned multi-billion dollar expansion at its Dukovany…
EU recovery fund has green strings attached
The European Union’s proposed €750 billion fund to help the bloc recover from the coronavirus crisis will have green strings…
EU boosts ‘just transition fund’, pledging €40 billion to exit fossil fuels
The European Commission has increased five-fold its proposed EU fund to wean carbon-intensive regions off fossil fuels, with fresh cash…
Dieselgate: Emissions fraud compensation ruling marks black day for Volkswagen
Volkswagen lost a key legal battle in the long-running Dieselgate scandal on 25 May when a court ordered that a…
Enel Group accelerates closure of its last coal-fired plant in Chile
Enel announces that its Chilean subsidiaries have informed the market that their Boards of Directors have decided to accelerate the…