Gazprom signs 5-year natural gas contract with Turkmenistan
Gazprom has signed a 5-year contract with Turkmengaz to purchase natural gas, the Russian gas producer said on Wednesday. Turkmenistan…
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Bulgaria nuclear reactor shuts down after electric defences activates
Bulgarian nuclear power plant Kozloduy has shut down one of its two 1,000 megawatt units after a protection system was…
Chiriţoiu: A new support scheme for big consumers
Large energy consumers could benefit from a scheme to reduce their bills with the value of emission allowances, as the…
Havrileţ: Romgaz could have a new strategy department
Niculae Havrileţ, recently elected administrator at Romgaz, is interested in creating a new strategy department. “As a member of the…
Corina Popescu: The money from Electrica’s listing went to acquisitions and investments
The amounts obtained by Electrica following the listing of the company were used in two major directions, the acquisition of…
Enel could sell minority interests alongside FP to large investment funds
Bogdan Tudorache After Fondul Proprietatea announced its intention to sell its stake in Enel in Romania, the investment funds interested…
Electrica has brought shareholders a total yield of 37% since its IPO
Bogdan Tudorache Corina Popescu, general manager of Electrica SA, and Adrian Tanase, general manager of Bucharest Stock Exchange (BVB), opened…
CE Oltenia has a new Supervisory Board
A new Supervisory Board was voted on Monday for the Oltenia Energy Complex. The members are: Cristian Eugen Radu, Gheorghe…
The heat increases electricity prices
The heat installed in Romania over the past few days has increased electricity consumption up to a maximum of 8,000…
EC Oltenia invests in solar parks and cogeneration
The Oltenia Energetic Complex wants to invest in new natural gas production capacities including cogeneration, photovoltaic power and thermal energy…
Mugur Isarescu, new mandate as BNR governor
Governor of the National Bank of Romania, Mugur Isărescu, was unanimously endorsed for a new term of office at the…
Enel Green Power begins construction on new 140 MW wind farm in South Africa
Enel, through its renewable subsidiary Enel Green Power RSA (“EGP RSA”), has started construction on its 140 MW Garob wind…
OMV Petrom invests another 30 mln. euro in offshore drilling in the Black Sea
OMV Petrom has launched a new offshore drilling campaign in shallow waters in the Istria region of the Black Sea.…
ANRE: Romania’s electricity imports increased by 80% in the first three months
Romania imported 80% more electricity in the first three months of this year, compared to the same period last year,…
Deloitte: More than half of global organizations consider blockchain technology an essential strategic direction
More than half (53%) of global organizations consider blockchain technology a key strategic direction for development, with four out of…
Competition launches Fuel Price Monitor, available online, in the App Store and Google Play
The Competition Council launched the “fuel price monitor”, the online platform that allows consumers to find out the prices of…
Nicolaescu, OMV Petrom: Competition is significant for the fuel market
The Romanian fuel market is free, competition is significant and each company independently determines the price, said Adrian Nicolaescu, chairman…
Liberty completes 740 mln. euro acquisition of ArcelorMittal assets
Liberty Steel, part of Sanjeev Gupta’s global GFG Alliance, completed the acquisition of seven major steelworks and five service centres…
Energy efficiency suppliers & solutions were featured in Brasov by energynomics.ro
The fourth edition of the series “Energy Efficiency for Big Results” – “Energy Efficiency – Suppliers, Solutions, Benefits”, brought together at Ambient…
Effect of GEO 114: When gas prices rise, the real sector takes over the burden
Although the effect of increasing the price of gas for the unregulated segment following Ordinance 114 was anticipated by specialists,…
Bulgarian Parliament adopted amendments for liberalisation of natural gas market
Sofia-based Parliament has adopted on first reading amendments to the Energy Act with 107 votes in favour, one against and…
Romgaz appoints five new members of the board
The shareholders of Romgaz have decided to appoint new members of the Board of Directors of the company. Five full-time…
Meyer: GEO 114 blocked negotiations on the sale of the FP package in Hidroelectrica
Fondul Proprietatea (FP) negotiated with some investors to sell 20% stake in owns in Hidroelectrica, but GEO 114/2018 blocked the…