CITR: CET Arad – 8 million euro loan, wants to sell mainly electricity
Bogdan Tudorache Under the guidance of CITR, part of Impetum Group, Arad Electric Power Plant (CET Arad) continues its reorganization…
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The deposit system, the only chance for Romania; the problem of recycling is the collection
Bogdan Tudorache The storage system is the only chance at the moment to increase the amount of waste collected and…
Costel Alexe: Romania will enter infringement for not reaching recycling target; I don’t think incinerators are a solution
Bogdan Tudorache Romania will not reach its recycling target for 2020 and could enter into a costly infringement procedure, said…
Electrica will invest 141 million euro in 2020
Bogdan Tudorache For the current year, the Board of Directors of Electrica approved investments worth over 678 million lei (more…
Comănescu (GSP): We have successfully completed the Queen Hind salvage
Oil Services Group has successfully completed the salvage of the Queen Hind ship, which failed in November in Midia Harbor,…
Nuclearelectrica posted a 31.7% increase in profit last year
Nuclearelectrica posted a net profit of 541 million lei at the end of last year, up 31.7% compared to 2018,…
PwC: Romanian M&A market will grow though the sell of CEZ and Enel assets in 2020
Following a decline in 2018, the mergers and acquisitions market in Romania grew by 4% to a total value of…
Enel X teams up with the EC and EIB for new e-charge stations in Romania, Italy and Spain
Enel X, the Enel Group’s advanced energy services business line, has reached the full financial close for the AMBRA-Electrify Europe…
Protesters occupy Datteln 4 coal plant, as survey finds most Germans oppose it
Environmental activists occupied part of the new Datteln 4 coal plant for several hours on Tuesday before being removed by…
Gas-fired power generation reaches record high in Germany
Power production from natural gas rose to an all-time high in Germany last year, overtaking hard coal electricity generation for…
Global energy storage market to surge to 15 GW by 2024
Despite a slowdown in price declines, the global energy storage market is set to grow from around 4 GW of…
Temenuzhka Petkova: Bulgaria will continue to rely on its coal plants
Bulgaria does not give up its coal plants, Energy Minister Temenuzhka Petkova said on February 24 after a meeting with…
Greenpeace – Waiving the Oxygen tax, an irresponsible act; Costel Alexe – the tax would have been a good measure
Bogdan Tudorache Environmental activists from Greenpeace Romania consider eliminating the Oxygen tax “a populist and completely irresponsible act”, according to…
Europe’s top firms must double low-carbon investment
Europe’s top companies need to more than double their current level of spending on low-carbon projects to meet the European…
Poland’s just transition bonus cut 50% under latest EU budget proposal
Poland would see its €2 billion share of the EU’s Just Transition Fund cut in half under a new EU…
Gabriela Firea waives the Oxygen fee; the decision must be validated by the General Council
he general mayor, Gabriela Firea, announced on Tuesday that City Hall is giving up the Oxigen vignette and the access…
Chimcomplex has completed operations to integrate Oltchim assets
Chimcomplex has completed the integration operations and has a new executive team, one year after the acquisition of Oltchim’s assets,…
TAROM announces plan for restructuring plan, after the EC has approved the state aid
The national air operator TAROM will submit a restructuring plan and will take the necessary steps for its approval and…
Less than 5% of domestic gas consumers are informed about market liberalization
Less than 5% of domestic gas consumers are trained and able to negotiate their contracts so that they can obtain…
Romgaz reported a net profit growth of 1.43 billion lei for 2019
National Natural Gas Company Romgaz reported a preliminary net profit growth of 4.55% for 2019, at 1.43 billion lei, and…
US can meet 2030 wind-energy goals by quadrupling turbines
The United States could generate 20% of its electricity from wind within 10 years, without requiring any additional land, according…
OPEC hasn’t run out of ideas – Saudi energy minister
OPEC and its allied oil-producing nations are still working well together and still have options to try to rebalance global…