Ade Gas Oil strengthens its position in the LPG market
Romania’s competition authority said it will look into the recent takeover by Ade Gas Oil Company of some assets owned…
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ICAP: EU ETS price at about 16 euro in 2018, revenues collected at 14 billion euro
The total revenues collected in the EU by the Emissions Trading System in 2018 was of 14.2 billion euro, reveals…
First official information on the mechanism of Contracts for Difference in Romania
The Ministry of Energy has launched in public debate a support mechanism for investors with low-carbon technologies called Contracts for…
E.ON finalizes the first smart street lighting project in Arad County
A substantial reduction in electricity consumption as well as CO2 emissions and, of course, significant savings to the local budget…
Gasoline prices up by another 1% for a total of 8.55% increase in 2019
After one week of stagnation, the upward trend in gasoline prices continues, with an average price increase of 0.92%, the…
The Rabla Plus electric car program subsidized 1,400 purchases
In 2018, over 1,400 eco-vouchers were granted through the Rabla Plus program, deputy prime minister and Environment minister Gratiela Gavrilescu…
Transgaz proposes dividends worth 255 million lei
The Transgaz Board of Directors proposes to grant dividends for the year 2018 in the amount of 255.02 million lei,…
Petrom paid the Romanian government 30% more taxes in 2018
The taxes paid by Petrom last year rose substantially from those in 2017, both as a result of higher profits…
ANRE is looking for its own energy and gas supplier
The National Regulatory Authority for Energy – ANRE is looking for a supplier of electricity and natural gas for its…
Foreign direct investment rose by 88.5% in January
Foreign direct investment grew by 88.5% in the first month of this year to 362 million euro, compared with 192…
Teodorovici: The final form of GEO 114 will be discussed at coalition level
By the end of March, the Government Emergency Ordinance 114 will be amended and there is no impediment until then…
Mark Davis is the new EBRD director for Romania, investments to rise
A high level EBRD delegation led by Jurgen Rigterink, First Vice President, and Alain Pilloux, Vice President, Banking, arrived in…
Mergers and acquisitions in the European energy sector increase 2.5 times – EY
Global energy and utilities’ trading activity reached a record high in 2018, a 28% increase in total transaction value to…
Energy strategy: There will be support schemes for renewables, but only for prosumers
New support schemes will be in place to stimulate renewable energy investments after 2020, but „only for electricity generation capacities…
Alro Slatina shares, included in the BET main index as of today
Alro Slatina (ALR) today marks more than 21 years of presence at the Bucharest Stock Exchange (BVB) by entering the…
Petrom’s investments increased by 56% in 2018
OMV Petrom SA’s investments amounted to 5,495 million lei in 2018, up 56% from those in 2017. Investments in the…
F. Hajdinjak: Authorities must urgently rethink their energy poverty policies
Since publicly presented in late December 2018, GEO 114/2018 stirred massive reactions on all levels (media, industry, experts, politicians). It…
E-acumulatori.ro solutions to prevent power outages
E-acumulators.ro is the oldest online shop of electrical products on the Romanian market. Concerned about the new smart home concept…
RWEA: Romania may be “greener” at lower costs
According to a study by the Romanian Wind Energy Association (RWEA), the cost of achieving a 35% share of green…
Petrom inaugurates the 65 mln euro poli-fuels plant at Petrobrazi
Petrom will open by the end of the month the plant which converts petroleum gas into gasoline and diesel, on…
Project: The United States could allocate a billion dollars to Eastern Europe
A Republican Congressman has tabled a bill that, if adopted, will require the US Government to engage, financially and diplomatically,…
The week of heated discussions on GEO 114 starts today
Even if 114 is a number that industry will not forget too soon, there are already talks about a new…
Exxon doesn’t wait: Evaluates offshore Israel energy exploration bid
American oil and gas giant ExxonMobil is considering exploring for energy off the Israeli coast, according to Reuters. Executives from…