Enel, included for the first time in the Bloomberg gender equality index
Enel has been included for the first time in the Bloomberg Gender Equality Index (GEI), being one of the leading…
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Large consumers welcome the Government’s decision on direct compensation for the energy price
The Romanian Association of Large Energy Consumers (ABIEC) took note of the fact that the Romanian Government established a state…
2020: When economic prudence will lead to improved performance
Thirty years after the fall of the communist regime, Romania seems to be well anchored in European values and on…
France, Germany join BlackRock for climate investment
France and Germany are joining forces with investment giant BlackRock to speed up attracting capital to invest in projects fighting…
AFEER Academy continues the basic and advanced courses in the energy sector
The Romanian Electricity Suppliers Association (AFEER) announces that this year AFEER Academy is organizing basic and advanced training courses on…
Alro gets a USD 40 mln. loan from Black Sea Trade and Development Bank
Bogdan Tudorache Alro Group has decided, at the general meeting of shareholders, to borrow USD 40 million from the Black…
Chisăliță: The figure of 70% of pipes replacement is wrong, but the system needs to be replaced
Bogdan Tudorache Transgaz announced that, following the closure of the gas balance for the year 2019, the total gas consumption…
US: New 3.6 bln. USD, 2,200 MW hydropower pumping storage facility
The US energy regulator has accepted Daybreak Power’s application for a preliminary permit for its proposed 2,200 MW Navajo Energy…
Bulgaria and China to Manufacture Electric Buses
Bulgaria and China will cooperate to create production facilities for electric buses and a research and development centre in Bulgaria,…
NIS to invest 72 mln. euro in Pancevo refinery modernization
Serbian oil and gas company NIS, majority owned by Gazprom, plans to invest over 72 million euro ($80 million) in…
France could shut next two nuclear reactors sooner than expected
France could shut down its next two nuclear reactors in 2025-2026 if market conditions are right, earlier than expected as…
Greta Thunberg: ”Nothing has been done” to tackle the climate crisis
Greta Thunberg took the stage at the World Economic Forum Tuesday to admonish world leaders for doing “basically nothing” to…
Deloitte: Demand for electric cars growing, but consumers are reluctant to autonomous vehicles
Electric vehicles demand is growing fast in the European Union due to supportive environmental policies, big-brand bets and shifting consumer…
Greenpeace: Bucharest, among the last in terms of mobility
Bogdan Tudorache Bucharest ranked 13th out of 14 cities evaluated by Greenpeace in a new report on mobility and climate…
Germans protest against Tesla gigafactory
The U.S. carmaker Tesla’ new factory plan in Germany is facing protests. Tesla announced plans last November to build its…
ANRE decreases the yield for gas distribution to 5.66%
Bogdan Tudorache The energy regulator (ANRE) has decided to decrease the rate of return on capital (RRR) for gas suppliers…
The price of Romanian gas, 32% higher than at the Vienna stock exchange, in December
The price of Romanian gas on the Romanian Commodity Exchange (BRM) reached, in December, 103.71 lei per MWh, 32% higher…
Romania imported 7.17 million crude oil, in the first 10 months of 2019
Romania imported, during the first 10 months of 2019, an oil quantity of 7.17 million tonnes of oil equivalent (toe),…
Lucian Enaru to head Schneider Electric Romania and the Republic of Moldova with the aim of promoting digitization
Starting with February 2020, Lucian Enaru assumes the position of General Manager of Schneider Electric Romania and the Republic of…
Ludovic Orban: BRUA will interconnect with TurkStream, Exxon might stay
The BRUA pipeline will interconnect with Turkstream, a new Russian pipeline, through which Gazprom transports gas to Europe, bypassing Ukraine…
Ludovic Orban looks for another partners for the new nuclear reactors
The Romanian prime minister suggested that the state will give up the partnership with a Chinese company, almost five years…
New fuel station, opened in Chisinau by Rompetrol Moldova
KMG International, through its subsidiary Rompetrol Moldova, recently completed the modernization of the Rompetrol fuel station in Chisinau, situated on…
Romania, among the countries with the biggest problems in utilities’ payment
Nearly 7% of households in the European Union were unable in 2018 to pay their bills on utilities (heat, electricity,…