Rompetrol reaches about 940 fuel stations, sales up 7%
Rompetrol Downstream, the retail division of KMG International Group in Romania, has opened a new station under the Rompetrol Partner…
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Hidroelectrica: The net profit decreases by 8%, due to additional taxation
The turnover of Hidroelectrica increased, in the first semester (S1) 2019, by 17.9% compared to S1 2018, up to 2,349.3…
CEZ Vânzare has launched the national offer of 100% renewable energy CEZ Verde
CEZ Vânzare, the largest energy supplier in the south-west of Romania, recently launched a national 100% renewable energy offer, intended…
CE Oltenia: Gross profit up 438%
On July 30, 2019, the Oltenia Energy Complex registered a gross profit of 188.98 million lei (+438%) and a turnover…
Rosatom submitted a tender for the construction of the Belene Nuclear Power Plant
Russian state company Rosatom announced that it has submitted a bid to become a strategic investor in the project aimed…
ANRE: Gas imports in June were 364 times higher than last year
Romania imported in June 2019 an amount of gas of 1,479,598 MWh, 364 times more than the same month last…
About 700 young sportsmen and artists obtain financing of 560,000 lei via MOL Talent Promotion Program
MOL Romania and the Community Foundation grant this year 560,000 lei for 700 talented young people in the arts and…
Transelectrica: Investments of 86 million lei in S1, 27% higher than in 2018, growing profit
Transelectrica obtained in the 1st semester (S1) of the year 2019 a gross profit of 35 million lei, whilst the…
ANRE: Electricity imports increased by 38% in the first five months, while production decreased
Romania imported 38% more electricity in the first five months of this year, compared to the same period of last…
Transelectrica’s net profit decreased by 69% in H1
The national electricity carrier, Transelectrica, achieved a net profit of 30 million lei in the first half of the year…
Transgaz: The BRUA gas pipeline will be completed in December 2020
The BRUA (Bulgaria-Romania-Hungary-Austria) gas pipeline will not be ready in December 2019, as planned so far, but only in December…
KMG International introduces KindTap in its Rompetrol gas stations for the benefit of HOSPICE Casa Speranței
KMG International will install in its Rompetrol gas stations network from Romania the donation box KindTap, an innovative device that…
Inflation in Romania is three times higher than the European average – Eurostat
In July 2019, Romania kept the highest annual inflation rate among EU Member States, with an increase in consumer prices…
Romgaz wants to enter the shareholding of the LNG terminal in Alexandropolis
The national gas producer, Romgaz, is considering the possibility of entering into the shareholding of the company that makes the…
Compact power-to-liquid pilot facility demonstrates high degree of efficiency
Researchers in Germany have combined all steps of producing synthetic fuel with renewable electricity into one compact facility, with the…
Funds for structural change in German coal regions in dispute
Federal finance minister Olaf Scholz has ignited doubts about where a promised 40 billion euros of support for German regions…
German renewables subsidy to rise slightly in 2020
Germany’s renewables levy, the EEG surcharge, is expected to rise slightly from 6.41 cents per kilowatt-hour (kWh) this year to…
OPCOM: The average energy price was of 55 euro last year
Bogdan Tudorache The average price of electricity traded on the OPCOM platform was about 265 lei/ MWh (55 euros) between…
Iorgulescu, AFM: The program for prosumers could start in September, there are still some issues to clarify
The program for the installation of photovoltaic panels by prosumers could start in September, but for now, AFM and the…
Winter program: Gas reserves increase by 10%, hydro reserves by 25%, electricity consumption by 2.2%
The Government of Romania approved on Monday the Winter Program in the energy field, which aims to increase electricity consumption…
Hidroelectrica paid to the Romanian state over 500 mln. euro on the used water in the last seven years
In the past seven years, Hidroelectrica has paid taxes on milled water worth about half a billion euro (2.3 billion…
CEZ can start selling assets in Romania after obtaining 335 million euro in Bulgaria
CEZ, a company owned by 70% of the Czech state, could give priority to the sale of its assets in…
General Electric, interested in the construction of the Belene NPP
US turbine manufacturer General Electric has applied to participate in the construction of the Belene Nuclear Power Plant, Bulgarian Energy…