Ukraine starts transmitting Russian gas to EU under new deal signed also by Romania
Gas TSO of Ukraine LLC, operator of the gas transmission system, has signed agreements with all neighboring operators, namely in…
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F. Cîțu: The elimination of the surcharge reduced the price at the pump; increase of the classic excise duty, an update with inflation
The Ministry of Finance (MFP) has made a change that has been deemed as controversial by some specialists. Immediately after…
Pruna, USR: Decision to subsidize EC Oltenia, a mistake
The Government’s decision granting state aid in the form of a 1.2 billion lei cash loan for the Oltenia Energy…
Austria supports BRUA and Neptune Deep projects (Energynomics Magazine)
Austria would love to have a new gas supply towards Baumgarten, and it will be great if Romania would have…
The government adopted the 1.2 bln. lei subsidy package for CE Oltenia
The Romanian Government approved on Monday, December 30, the Memorandum on the aid of the Oltenia Energy Complex (CEO) with…
Croatian court finds head of Hungary’s MOL, Croatia’s ex-PM guilty of bribery
A Croatian court ruled on Monday that the head of Hungarian energy group MOL and Croatia’s former prime minister were…
Enel X Romania has completed the modernization of the public lighting infrastructure in Mașloc, Timiș
Enel X Romania, a subsidiary of Enel X, has successfully completed the modernization of the public lighting infrastructure in Mașloc…
Automation, the next level of efficiency: Costs halve for certain processes such as billing
Many companies are already in the second or third generation of cost optimization and productivity growth. Leverages such as process…
Distrigaz Sud, fined by 3.7 mln. euro, the company says it would pay the fine
The Competition Council (CC) sanctioned the natural gas distributor Distrigaz Sud Networks (DGSR) with a fine of about 17.65 million…
Transelectrica has issued 16.7 million green certificates in 11 months of 2019
In the first 11 months of the year, the green certificates (GC) related to the production of 9.15 TWh of…
Oil hits 3-month highs on upbeat U.S. and Chinese economic data
Oil prices rose on Friday, hitting three-month highs, as upbeat economic data from China and the United States indicated an…
Romcarbon will distribute part of the dividends in the form of ordinary shares, changes the management
Romcarbon has decided to appoint the chairman of the Board of Directors, Liang-Neng Huang, as general manager, replacing Adrian Radu,…
Saipem extends Romanian drilling works
Italian company Saipem announced an extension of their Romanian drilling contracts, as part of overall new contracts worth an overall…
The energy price in Romania was, on Friday, the lowest in the region
The energy price on the spot stock market in Romania was the lowest in the region, our country exporting over…
Frames: Workforce, the biggest challenge of 2020
The labor crisis, the rise of inflation, the prospects for the depreciation of the national currency and the extension of…
E-Distribuție Dobrogea modernized two primary stations in Constanța
E-Distribuție Dobrogea has completed the two upgrading projects for Palas Sud primary station in Constanța and Ecluză primary station in…
Digitalization is an essential tool for business optimization (Cătălin Păunescu, Star Storage)
For some businesses, digitization can make the difference between prosperity and suffering, says Cătălin Păunescu, CEO of Star Storage. Digitalization…
Hyper-regulation deepens the deficit of trust (opinion by Daniel Apostol)
These days everyone is talking about deficit and deficits. International financial institutions, the European Commission and even the National Bank…
Government has taken responsibility for the changes to the GEO 114
The government committed its responsibility, on Monday, in the joint plenary session of the Chamber of Deputies and the Senate,…
Cîțu: Romania seeks EU ”flexibility” on budget and energy tax
Romania’s new finance minister is asking Europe to allow “flexibility” in its budget rules as the pro-EU government in Bucharest…
Turkey unveils $3.7-billion home-grown electric car project
Turkey said it plans to produce up to 175,000 vehicles annually under its domestic electric car project, set to be…
Vast Resources starts drilling at Baita Plai mine in Romania
UK-based Vast Resources said on Monday that it has commenced the drilling programme at its Baita Plai polymetallic mine in…
Moldova to continue receiving Russian gas via Ukraine – president Dodon
Moldova will continue to receive Russian natural gas via Ukraine starting January 2020 after Moscow and Kiev reached a gas…