Iohannis: Any Exxon transaction will be done according to the law
President Klaus Iohannis said on Thursday, referring to information about Exxon’s intention to sell its stake in the Black Sea,…
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The Government and the Presidency of Romania initiate the preliminary election procedure
Prime Minister Ludovic Orban said on Friday, at the end of talks with the President of Romania, Klaus Iohannis, that…
The Minister of the Environment replaces the Chief of the Environmental Guard
The head of the Environmental Guard, Gabiela Dorojan, was replaced. The Minister of the Environment, Costel Alexe, announced that following…
Enel Green Power installed 3GW of renewable capacity in 2019
The new renewable capacity built by EGP in 2019 includes around 47 facilities, mainly wind (1,813 MW) and solar (1,193…
IEA – Coal remains a major fuel, with 40% of generation
Bogdan Tudorache Coal remains a major fuel in global energy systems, accounting for almost 40% of electricity generation and more…
CE Hunedoara has enough coal to stock the winter
The coal stocks of the Hunedoara Energy Complex (CEH) amount to about 16,660 tonnes, of which 11,459 tonnes are located…
ANRE reduces electricity transmission and distribution tariffs, as a result of eliminating the 2% contribution
The National Energy Regulatory Authority (ANRE) will reduce electricity distribution and transportation tariffs with weights between 1.7% and 1.9%, starting…
Enel X and Infracapital expand their Cogenio energy services platform
The Enel Group, through its business line Enel X and European investment fund Infracapital, one of Europe’s leading Infrastructure investors,…
Bosch volunteers renovate two schools in Hunedoara
About 200 Bosch employees from five different locations spent over 3,300 hours working on renovating two schools in Hunedoara County.…
EY: Energy sector, among the most active on the new IPOs market, with 32 billion USD
Bogdan Tudorache The energy sector was among the most active on the new initial public offerings (IPOs) market, with a…
Competition: The reduction of excise duties was fully transmitted in the fuel price
Bogdan Tudorache The reduction of excise duties by 0.32 lei/ liter (including VAT), applied from January 1, 2020, for both…
China opens up oil and gas exploration, production for foreign firms
For the first time, China will this year allow foreign companies to explore for and produce oil and gas in…
Climate activists up pressure on Siemens over Australian coal mine contract
Germany’s Fridays for Future student climate protest movement has increased the pressure on engineering conglomerate Siemens for its involvement in…
Volume of Germany’s climate package climbs to 62 billion euro
German Chancellor Angela Merkel’s climate package to reach 2030 targets has a total volume of about 62 billion euros by…
The transition to green energy generates multiple opportunities
After the first historical stage of collective efforts towards decarbonization and diversification of the energy mix, Romania is one of…
Electroputere does not close – the decision was not taken
Bogdan Tudorache Although only one of the Electroputere sections is still operational, the one of electric transformers, the company announces…
Bulgartransgaz set to acquire 20% interest in Greek LNG terminal
Bulgaria’s government said on Wednesday that it has issued approval to gas transmission system operator Bulgartransgaz to acquire 20% interest…
Cîţu: We do not enjoy Exxon’s decision to leave Romania; this Government came in too late
The liberal (PNL) government came too late for ExxonMobil’s interests, which were already in the starting point, and their decision…
Former director of Electrica, Ioan Folescu, resigns from the mandate of Transelectrica
Bogdan Tudorache Former director of Electrica, Ioan Folescu, criminally investigated for possible damages to Electrica company, resigned from the Transelectrica…
OMV Petrom signs agreement to transfer 40 fields to Dacian Petroleum
Bogdan Tudorache OMV Petrom has announced on Wednesday that it has reached an agreement for the transfer of 40 onshore…
The government has launched a new program for the reconversion of miners in the Jiu Valley
The government launched on Wednesday a new program of projects regarding the reconversion of the Jiu Valley miners. About two…
The program for electric and classic cars subsidizing will start in March
The government will continue to fund the Rabla and Rabla Plus programs, which will most likely be resumed in March,…
Russia and Turkey officially inaugurate TurkStream
President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan met in Istanbul to inaugurate TurkStream pipeline in a ceremony…