Nuclearelectrica – 3 major investment projects and the financing for them
At present, SNN is focusing on three major investment projects, said Cosmin Ghiță, Nuclearelectrica’s general manager, at a CNR-CME conference…
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Nuclearelectrica and CGN signed the agreement for the establishment of the project company to build Units 3 and 4
Nuclearelectrica signed on Wednesday with China General Nuclear Power Corporation and CGN Central and Eastern Europe Investment the agreement on…
Shareholders do not agree for Hidroelectrica to hire lawyers
Hidroelectrica’s plans to diversify and develop the production portfolio through new projects can be done, but only with its own…
European elections on May 26 – 3 reasons why it is important
Between May 23rd and 26th, over 400 million European citizens will vote to establish the structure of the future European…
District heating plants may be required to deliver without payment
Local heating companies will no longer have the right to interrupt the supply, nor will they have the financial resources…
The Sibiu Declaration – generous principles to be tested very soon
EU leaders gathered in Sibiu, Romania, for a special summit on Europe Day to proclaim their unity before the European…
The gasoline price in Romania has fallen below the European average
The tax-free price of gasoline on the Romanian market fell below the European average, while diesel prices are still higher…
The Government intends IPO for Hidroelectrica – 10% and CE Oltenia -15% in new shares
The government wants an IPO for 10% of Hidroelectrica’s shares and 15% of the Oltenia Energy Complex, according to the…
Enel group announces a net ordinary income up 11.3% in Q1
Enel Group announced revenues worth 20,891 million euro (as opposed to 18,946 million euro in the first quarter of 2018,…
Leaders of big oil and gas companies met in Medias – among talks, BRUA and offshore
Leaders of the most important oil and gas companies met in two closed-door meetings in Mediaş and talks focused, among…
OMV Petrom: Nothing has changed in the decision about the Black Sea exploitation – we have not taken any new decision
OMV Petrom’s new report released last week led some analysts to interpret that the company would have taken a new…
High-tech solutions for Rompetrol Rafinare’s transports
Rompetrol Rafinare, a member of the KMG International Group, together with its main partner for domestic rail transport, Romanian Rail…
Transgaz has signed the Memorandum of Understanding to take over the gas to be produced by Black Sea Oil & Gas
On Monday, May 6, SNTGN Transgaz SA signed the Memorandum of Understanding on the use and development of the natural…
MOL Group announces a global profit before tax of USD 500 mln. and rising diesel sales in Romania
Bogdan Tudorache Mol posted an EBITDA of over USD 500 million in the first quarter of 2019, the company said.…
Petrom announces sales up 11% in Q1
Bogdan Tudorache OMV Petrom announced consolidated sales increased by 11% compared to Q1/18, to 5.4 billion lei supported by higher…
Transgaz greenlighted to start the 360 mln. euro works at the Podisor pipeline
Bogdan Tudorache The Ministry of Energy has issued the decision that allows Transgaz to start the works of the Podişor…
Euro zone inflation accelerates in April on energy, services
Euro zone price growth accelerated by more than expected in April, boosted by more costly energy and services and the…
Turkey’s energy sector has $12-13 bln worth of problem loans
Turkey’s energy sector has $12-13 billion worth of loans that require restructuring, out of a total $70 billion total sector…
EU plans sharp hike in U.S. energy imports as trade lever
The European Union will seek to double imports of liquefied natural gas (LNG) from the United States by 2023, as…
U.S. seeks to challenge China’s electric-vehicle supply chain dominance
An U.S. senator plans to introduce legislation to streamline regulation and permitting requirements for the development of mines for lithium,…
Bulgaria: Electricity exports have increased by 40% in the first four months
Electricity exports from Bulgaria have increased by over 42% in the first four months of the year. This is shown…
Bulgaria’s NPP Kozloduy shuts down Unit 5 for planned annual maintenance
Bulgaria’s sole nuclear power plant (NPP) Kozloduy said that it has shut down its 1,000 MW Unit 5 on Wednesday…