State-of-the-art LPG recovery system, implemented by Rompetrol Rafinare
Rompetrol Rafinare, member company of the KMG International Group, has successfully implemented a modern system for recovering liquefied petroleum gas…
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Alro records losses due to energy prices and LME quotations
Bogdan Tudorache Alro Group ended the year 2019 with a turnover of RON 2,777,801 thousand (down by 7% compared to…
ANRE introduces new trading obligations for gas producers, once the market is liberalized
The National Energy Regulatory Authority (ANRE) will draw up an order establishing what quantities of gas will be sold by…
European Commission: Romania has to recover 13 mln. euro from the National Uranium Company
The European Commission found on Monday that the various measures of public support in favor of the National Company of…
Nicolescu (Deloitte): Romania could earn USD 20 bln. from Black Sea gas
The state could earn more than USD 20 billion from the Black Sea gas extraction in the next 10-12 years,…
European Commission approves the 251 mln. euro state aid for the CE Oltenia
The European Commission approved on Monday, in accordance with European Union state aid rules, Romania’s plan to grant a temporary…
Minister of Energy: The gas market will certainly be liberalized on July 1, otherwise we risk losing European funds
The gas market will certainly be liberalized on July 1, and the electricity market, on December 31, 2020, otherwise we…
RON remains above the psychological threshold of 4.8 lei for one euro, the gold reaches a historic high on Monday
The NBR posted on Monday a price of 4.8024 lei for one euro, lower by 0.02 subdivisions compared to the…
Hidroelectrica could launch offshore wind projects in the Black Sea
Romania should use the offshore wind potential of the Black Sea to produce cheap energy, an idea that has not…
Minister of Energy: Romania needs the Black Sea gas to comply with the Green Deal
Romania needs the Black Sea gas resources to reach its ambitious targets for reducing carbon dioxide emissions that it has…
Poland: PGE and VW to reach 300 electric car charging points installed this year
State owned group PGE and Volkswagen plan to install up to 300 electric car charging points this year in Poland,…
ANRE seeks consultant to establish the rate of return for energy transportation and distribution – deadline on February 28th!
The National Energy Regulatory Authority – ANRE intends to purchase consultancy services regarding the calculation elements of the weighted average…
Digital automation will continue at rapid pace – how ready are we?
On February 18, over 20 speakers and more than 250 participants in the audience, constituted the largest conference so far…
Beacom: Our project is moving forward, but problems with offshore legislation need to be resolved before production begins
Bogdan Tudorache The Black Sea Oil & Gas project goes ahead, albeit with minor delays, but offshore legislation and GEO…
ANAF requests Romgaz additional dividends of 34.8 mln. lei
Romgaz announced on Tuesday to the Stock Exchange that between November 27, 2019 and January 31, 2020 the company was…
Caraşol, sentenced to two years and eight months inprisonment with suspension; the decision is not final
Marius Carașol, the former director of Transelectrica, was sentenced by the District 1 Court to 2 years and eight months…
State aid for EC Oltenia and Tarom, in negotiations with the European Commission
The Romanian authorities are in talks with the European Commission (EC) regarding the granting of state aids to Oltenia Energy…
V. Popescu: We plan to approve the national energy strategy and the PNIESC by the end of April
The Government estimates that the National Energy Strategy and the Integrated National Plan for Energy and Climate Changes (PNIESC) will…
Competition investigates Transgaz on organizing cartel offences regarding the participation in auctions
The Competition Council is currently examining whether Transgaz had a responsibility in organizing cartels that included companies that agreed upon…
TeraPlast Group announces an EBITDA up by 41% and a turnover higher by 21%
The TeraPlast Group, the largest Romanian manufacturer of construction materials, registered an increase of 21% in turnover, for 2019, compared…
Chiriţoiu: There is an aggressiveness of the business environment towards the Competition Council
The year 2019 brought more intense political pressure on the Competition Council, but also aggression from the business environment, and…
Top 105 global cities for climate action revealed by CDP includes Sofia and Athens
CDP names 105 cities as leaders on climate action and transparency, more than double the number in 2018, among which,…
Survey finds most German automotive suppliers expect to cut jobs
More than half of Germany’s automotive suppliers are planning to cut jobs, according to a survey by the Association of…