IHA launches $1m assessment fund for sustainable hydropower projects
Bogdan Tudorache International Hydropower Association (IHA) announced that a new sustainability fund was launched to aid hydropower project developers and…
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Deloitte: The effects of the COVID-19 pandemic on financial markets
Bogdan Tudorache The International Monetary Fund (IMF) has announced that it is making available to emerging and low-income states $50…
OMV to sell its 287 gas stations in Germany
The Austrian energy company OMV wants to sell its 287 gas stations in Germany. The company announced its intentions in…
US delegation visited Maritza TPP
Experts from the US Department of Energy, State Department and the US Embassy in Sofia got acquainted with the work…
Oil rises over 3% but set for biggest weekly thumping since 2008
Oil prices were set for their worst weekly drubbing since the 2008 financial crisis, despite rising over 3% on Friday,…
Global stocks pull back from the edge after historic sell-off
A historic wave of selling in global stock markets eased on Friday as nervous investors looked to central banks and…
INS: Electricity imports increased in January by 48%
Romania imported, in the first month of this year, an amount of 0.795 TWh, 48.6% more than in the same…
Jack Cutişteanu, Petprod: ANRE favors an economic agent
The National Energy Regulatory Authority (ANRE) favors an economic agent, namely OPCOM, to the detriment of anyone else, is the…
Chisăliță: Gas liberalization might be delayed; there is no political will for it
Bogdan Tudorache The liberalization of the gas market from July 1 may not take place, since there is no political…
Hidroelectrica requires shareholders to approve participation in the acquisition of CEZ assets
Bogdan Tudorache Hidroelectrica announced the approval of the extraordinary general meeting of shareholders for April 14 to decide the approval…
CITR: The recovery plan for CFR Marfă, greenlighted
The recovery plan of CFR Marfă was approved Thursday by the syndic judge, after approval by the creditors who hold…
General maintenance of the Petromidia refinery, programmed by Rompetrol Rafinare
Rompetrol Rafinare, a member company of the KMG International Group, will stop between March 13 and April 30, 2020 the…
Polish gas firm PGNiG sees tough 2020 as virus disrupts prices
Poland’s state-run gas company PGNiG expects 2020 to be very difficult because of the coronavirus-driven fall in oil and gas…
Winds of change push German power grid to the edge
As Berlin steps up its switch to renewable energy, consumers of electricity — i.e., German taxpayers — are footing the…
German energy-intensive companies call for Europe-wide industry power price
Energy-intensive companies from Germany are calling for an EU-wide electricity price for industry as a simple instrument to safeguard the…
Prosumer revenues from the sale of electricity will not be taxed – project
A legislative project to amend the electricity law, now in Parliament, provides for the exemption of small prosumers from the…
CEZ and Oltenia Distribution suspend the activity of the customer relations centers
CEZ and Oltenia Distribution announced the suspension of the activity of the customer relations centers in Argeș, Dolj, Gorj, Mehedinți,…
Florin Cîţu gave up mandate of designated prime minister; interim Government lingers on
Florin Cîţu has folded his mandate as prime minister, few minutes before the vote of the Parliament that would have…
‘Business as Usual’ is not an option anymore. What then? (Gabriel Avăcăriței)
Coronavirus epidemic changed its dynamic during the last week, with huge impact all over the place. The stock markets lost…
Liberty Steel – Sidex invests 50-100 million euro in renewables
One of the strategic projects envisaged by Liberty Steel, part of the GFG Alliance, as part of the 1 billion…
OPCOM: The price of electricity in the spot market, 10.5% higher in 2019
The average price of electricity on the Day Ahead Market (PZU, spot market) of the OPCOM stock exchange was of…
Cîţu: We are prepared with fiscal resources and tools to face any challenge
Romania is ready with resources and fiscal instruments to meet any challenge, and at this moment is important the increase…
Tens of thousands of companies are at risk of becoming financially deadlocked if no action is taken
The advance of the coronavirus epidemic has already created significant problems in the Romanian economy, from transport, to the event…