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…
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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…
Petrom employees could buy shares at the privatization price
The Government is obliged to implement a decision of the High Court of Cassation and Justice (ICCJ), according to which…
Energy renovation for buildings in the education system (Mihai Maerean, CEO Bjorn Heizung)
Mihai Maerean, CEO Bjorn Heizung Not a novelty, as such, the energy renovation of public buildings, especially those in the…
BRM increases liquidity by launching the new forward market segment with central counterpart
Bogdan Tudorache Although the new instrument launched by the Romanian Commodities Exchange (BRM) does not cover all types of derivatives…
Delgaz Grid invested 9 mln. lei in the distribution development in Iasi
Delgaz Grid announced the completion of an investment program of approximately 9 million lei in the distribution development in Iasi.…
E-Distribuţie Muntenia invests over 62 million lei in medium and low voltage networks in 2019
E-Distributie Muntenia has planned for this year investment projects amounting to 62.6 million lei (approx. 13 million euros) in the…
ANRE: Final energy price for household customers will not increase
The Regulatory Committee of the Romanian regulatory body ANRE approved, at its meeting on June 24, the orders for the…
Enel Green Power to supply green energy to Mondelēz
Enel, through its US-based renewable company Enel Green Power North America, signed a 12-year power purchase agreement (PPA) with food…
When interim governance it’s the new twisted “normal” (interview Johan Meyer, Fondul Proprietatea)
For the next three years, GEO 114/2018 has potential to have a significant negative impact on the performance of companies,…