Delgaz Grid announces new investments in transformation stations
Delgaz Grid develops an investment of 3.5 million lei in the transformation stations Bularga – Iasi, Câmpulung Moldovenesc – Suceava…
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MOL says that BRUA constructions works have started
Hungarian company MOL, that owns the national gas transporter FGSZ, announced that the BRUA works have started. “The construction works…
Electrica approves the dividend of 0.73 lei, rejects the management salary increase and the proposed remuneration policy for the BoD
The Ordinary General Meeting of Shareholders (AGOA) of Electrica SA, that took place on April 25, 2019, approved, with the…
Gazprom sees output falling as EU gas demand declines this year
Gazprom PJSC is sticking with a conservative natural gas production outlook for 2019 as warm weather and growing competition from…
EUR 385 million renewable energy scheme in Lithuania
The European Commission has approved a EUR385 million renewable energy scheme to support renewables generation in Lithuania. The Lithuanian government…
Despite declines for the quarter, Tesla is bullish on its overall energy business
Even as its solar business declined in step with its overall earnings, Tesla is bullish on the prospects for the…
GE unveils world’s largest wind turbine blade
GE subsidiary LM Wind Power is completing the final touches on what it says is the world’s largest wind-turbine blade…
Iraq will deliver third-biggest chunk of new oil over next decade, IEA
Iraq will be the third-biggest provider of new oil supplies over the next decade, boosting its production by almost 30…
BRM discusses with a foreign counterpart a partnership for the introduction of sophisticated instruments
While OPCOM is seeking to privatize and take over the central counterpart service from the entity to be set up…
Parliament has decided that the NBR was obliged to bring the gold reserve to the country
The majority PSD-ALDE adopted the bill initiated by PSD Chairman Liviu Dragnea and Senator PSD Şerban Nicolae, through which the…
Depogaz: Compulsory gas stocks need to grow
Compulsory gas stocks will also grow this year, after last year’s increase and, according to Depogaz officials, they have to…
Bucharest City Hall: RADET’s bankruptcy is postponed
Bucharest City Hall announced that the magistrates of the Bucharest Court of Appeal admitted the request for provisional suspension of…
Lungu, AFEER: Vulnerable consumers must be defined
The impact of OUG114 was completely unpredictable and unpleasant, which is why the problem of vulnerable consumers needs to be…
Primary energy consumption increased in Romania by almost 6% in 2017
Primary energy consumption increased in 20 Member States in 2017 as compared to the previous year, with the largest increases…
Petrom and Romgaz will supply half of domestic gas output at capped prices
The main gas producers in Romania, OMV Petrom and Romgaz, are obliged by the National Regulatory Authority for Energy (ANRE)…
Badea, Hidroelectrica: We will invest over one billion lei in 2019
Bogdan Tudorache Hidroelectrica will invest about one billion lei this year, said Bogdan Badea, president of the company’s management. „We…
E.ON and Kyuden Mirai – agreement for offshore wind projects in Japan
E.ON and Kyuden Mirai Energy signed a cooperation agreement to jointly develop offshore wind projects in Japan. The cooperation is…
Large industrial consumers claim that the price of electricity has increased by 80% since 2016
Large industrial energy consumers have 80% higher costs in 2019 than in 2016, paying more energy than companies in France.…
Affordable, efficient and sustainable heat through cogeneration (May 14, Bucharest)
Cogen Europe, Cogen Romania and Ecovis Ciurtin & Associates are organizing the international conference “Affordable, Efficient and Sustainable Heat Through…
Oil hits highest since November as U.S. tightens Iran sanctions
Oil prices hit their highest since November on Tuesday after Washington announced the end of all waivers on imports of…
EY: Romania has a good government digitalization, but we still take the papers to the counter
Digitalization has a relatively good presence on the part of governmental institutions in Romania, but there are still stages in…
CFA Romania survey sees the euro at 4.85 lei in 12 months
The Macroeconomic Confidence Indicator released by CFA Romania increased in March compared to the previous month by 0.5 points to…
CEZ invests annually in the network about 200 million lei
CEZ Romania invests annually in the network about 200 million lei, says Ondrej Safar, Country Manager CEZ Romania. „The future…