Net investment in the Romanian economy rose by 5.7% to 17.3 billion lei in Q1
Net investments in national economy totaled 17,3 billion lei in the first quarter of this year, up 5.7% compared to…
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Doru Visan: The renewable target of 27.9% will change, we will negotiate with the EC
Bogdan Tudorache Romania will have a higher target for renewables and the 27.9% renewable energy of consumption for 2030 will…
Doru Visan: Either with the current version or with another approach, we will have at least one new nuclear group
Bogdan Tudorache Romania must have nuclear power and will have at least one new group – says State Secretary of…
The Ministry of Energy and the KEVR support the creation of a natural gas exchange in Bulgaria
“Only in case of diversification of natural gas supplies we can talk about competition and create conditions for market liberalization”,…
Russia’s Sechin accuses U.S. of using energy as a political weapon
Igor Sechin, CEO of Russian oil giant Rosneft, accused the United States of using energy as a political weapon and…
Oil at $100? Experts predict where crude could go if an Iran conflict breaks out
Oil is in the crosshairs as the prospect of confrontation brews between the U.S. and Iran. A top military aide…
Sydney Opera House has star ambitions with renewable energy PPA and sustainability
The Sydney Opera House might have “sustainability in its DNA” but there is still a huge energy bill to take…
Starbucks’ latest clean energy transaction uses PPAs
As more companies set — and approach — 100 percent clean energy targets, the range of renewable energy procurement methods…
ING contributes to sustainable development through the projects and clients it finances
The global objectives of decent work, growth, responsible consumption and production are the priorities of ING, writes Radoslav Georgiev, Sustainable…
OMV Petrom invests 46 mln. euro in the coking plant at the Petrobrazi refinery
OMV Petrom continues the modernization works at the Petrobrazi refinery. The company has invested about 46 million euros since 2017…
FPPG: Romania should cancel the price cap, adapt market conditions and interconnect faster
In the aftermath of the new regulations’ (GEO 114/2018 and GEO 19/ 2019) effects, the Romanian Oil and Gas Employers’…
OMV and Porsche Holding partner to boost CNG fuelling
OMV is investing up to EUR 10 million in the CNG network, with plans to upgrade the existing dispensers and…
Nord Stream 2 ready by 57% – Gazprom
Nord Stream 2 gas pipeline, which lies from Russia to Germany is constructed by 57%, as Gazprom’s information office informed,…
Russia’s Lukoil says Q1 net profit up 37% y/y, helped by weaker rouble
Russia’s No.2 oil producer Lukoil posted a 37 percent rise in first quarter profit to 149.2 billion roubles ($2.3 billion),…
Sanctions show US has a ‘burning interest’ in Venezuela’s energy resources – Rosneft CEO
Venezuela’s natural resources lure many companies that would like to tap them, especially American ones, and sanctions against the South…
Elizabeth Warren proposes $2 trillion clean energy plan
Sen. Elizabeth Warren (D-Mass.) on Tuesday unveiled a proposal to invest $2 trillion in federal funding in clean energy programs…
PV is changing the world of energy
The annual expansion of photovoltaics throughout the world surpassed the 100 GW mark last year. The multi-terawatt market is looming…
Trump administration approved nuclear energy transfers to Saudis after Khashoggi killing
The Trump administration approved the transfer of nuclear energy information to Saudi Arabia on two occasions after the slaying of…
UK Nuclear: Energy bills ‘used to subsidise submarines’
Energy bills in the UK are inflated partly because households are subsidising nuclear submarines, MPs have been told. Experts think…
NN holds 6.21% of Electrica’s voting rights
Bogdan Tudorache Former ING Asigurări, now NN, has reached 6.21% of Electrica’s voting rights, according to a statement issued to…
Head of AHK Romania: Romania has an enormous potential for developing the energy business
Romania has an enormous potential for energy business development and there is a major potential for developing energy efficiency, said…
Kortemeyer, German Embassy: Romania is a country with intensive economic growth
Germany is a locomotive, a leader in many technologies and on the other hand Romania is a country with intensive…
Shell plans to boost returns and become a force in power
Royal Dutch Shell outlined plans on Tuesday to boost shareholder returns after 2020, while also increasing spending on oil, gas…