Cristina Pruna: Romania paid the highest price in the European Union for natural gas imports; production in T1 – lower by 3%
Bogdan Tudorache In the first three months of this year, Romania paid the highest price in the European Union for…
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Carasol: Romanian 400 kV ring is ready in a 64% ratio
Transelectrica has 28 major investment projects undergoing, focusing on 4 main areas, and Romania’s 400 kV ring is done in…
Electricity and heat supply in the coming winter will cost 4.37 billion lei
The provision of electricity and heating will require a total financing of 4.37 billion lei for the period November 1…
The government approved on Thursday, without the approval of the CES, the order to cut off state debts to the state’s energy companies; Ordinance targets CE Hunedoara, can not be applied to Electrocentrale – sources
Bogdan Tudorache The government approved on Thursday the ordinance that practically deletes the debts of state-owned companies with financial problems,…
After Iulian Iancu, also Cristina Pruna contests the appointment of ANRE vice-president Marian Neacsu, which has a criminal conviction
Bogdan Tudorache After Iulian Iancu, PSD deputy and chairman of the Chamber of Deputies’ Industry Committee, publicly declared that he…
Ioan Niculae reopens Viromet
The chemical plant Viromet Victoria, owned by Interagro’s Ioan Niculae, was restarted on Thursday. It is the first chemical unit…
Manuela-Petronela Stan-Olteanu, chairman of the Board of directors of Romgaz
The Board of directors of Romgaz appointed Manuela-Petronela Stan-Olteanu as chairman on Wednesday, according to a press release issued to…
Romania has attracted 9.5 billion euro from European funds, the absorption rate – 30%
Romania has absorbed European funds worth a total of 9.25 billion euros from the 2014-2020 allocation, representing a rate of…
BNR keeps the key rate at 2.5%, inflation stays at 4%, but it may decrease
Bogdan Tudorache The National Bank of Romania (BNR) has decided to keep the key interest rate at 2.5%, the institution…
Gas pipeline of 27 mln. lei Pojorâta-Vatra Dornei, a project of national importance
At the Government meeting on Wednesday, July 3, a Government Decision was adopted by which the gas pipeline Pojorâta-Vatra Dornei…
Poland is consolidating its oil industry: PKN ORLEN aquires LOTOS Group
Bogdan Tudorache PKN ORLEN has just filed a formal application for the European Commission’s approval of its proposed acquisition of…
Ukraine’s preparations for termination of gas transit by Gazprom from 2020 under threat over fall in production by Ukrgazvydobuvannia
Ukraine should prepare for the full termination of Russian gas transit from early 2020, although the preparations are endangered over…
Tesla plans to open first supercharger in Bulgaria in 2020
US electric vehicles manufacturer Tesla said that it is planning to open its first supercharger charging station in Bulgaria next…
Bulgaria: The electricity price for companies increased by 203%
A shocking jump in the current electricity price for business took place this week. The increase is 203% compared to…
Kazakhstan to divert some oil flows from Europe to China
Kazakhstan plans to increase oil exports to China to 6-7 million tonnes a year from just 1 million tonnes at…
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…
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…