CE Oltenia has rescheduled its debts to the Fiscal authority for four months
The Oltenia Energy Complex rescheduled January-April budget debts in order to pay for carbon credits, according to sources close to…
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Bulgarian fin regulator probes Eurohold over CEZ deal talks
Bulgaria’s financial regulator said on Wednesday that it is launching a probe into local financial and insurance group Eurohold Bulgaria…
Romgaz offers dividends of more than 1.2 bln. lei, pays 363 mln. for GEO 114
Romgaz reported a net profit of more than 1.3 billion lei for the year 2018 and will provide dividends of…
MDRAP receives a single offer for 68 electric buses in five cities
The Ministry of Regional Development and Public Administration (MDRAP) has received a single tender offer for the purchase of 68…
Timisoara: Electroputere VFU Pascani, Turkish firm Bozankaya and Polish Pesa filed offers for trams with batteries
Timisoara City Hall received three offers at the auction for the purchase of 40 autonomous trams. These come from Electroputere…
Romania, on the 40th position in the top of global energy transition
Romania ranks 40th, while Sweden ranks first at the top of the countries reported being the readiest for the global…
Bulgarian power distributors seek significant increase in electricity prices
An average of 15 percent will increase household electricity prices if the energy regulator approves CEZ’s proposal to increase the…
Spanish energy group Iberdrola profits rise after investment spree
Spanish utility Iberdrola said heavy investments over the last year as well as higher tariffs and better efficiency in Brazil…
Transgaz shareholders reject both dividend proposals, summon OGSM again on June 6, with the same proposals
Transgaz shareholders rejected yesterday the dividend proposals made by the company and government, but proposed the same figures for a…
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…
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…