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EBRD revised its forecasts on the advance of the Romanian economy in 2018 and 2019
Romania’s economy is expected to see a 4.2% growth this year, while the economic growth will slow to 3.6% next…
Bulgaria is not a wanted partner in the EU and only cooperates with Romania, a study shows
Bulgaria is not a wanted partner within the EU, it cooperates practically only with Romania and does not participate in any informal group of countries with…
CEZ schedules for 2019 similar investments to those in the last years
Investment in the power distribution grid in Oltenia will stay at ambitious levels, said Adrian Borotea, Group Strategy and EU…
”Price and accessibility” to drive Romania’s energy agenda at EU helm
Romania intends to push “price and accessibility” of energy as the guiding principles of its EU Presidency next year –…
OMV Petrom continues deep onshore exploration in the perimeters previously shared with Repsol
The National Agency for Mineral Resources approved OMV Petrom taking over the stake of Repsol in four onshore exploration agreements.…
China is crushing Europe’s electric car dreams
Europe gave the world some of its top automakers, but it’s losing out to China in the race to define…
MOL Group: Strongest quarter in three years
MOL Group announced its financial results for the third quarter of 2018. A material increase in Clean CCS EBITDA in…
Carmakers ready to fund French trade-ins – minister
Carmakers are ready to contribute financially to an expanded trade-in programme to get older, polluting vehicles off the road, French…
EDF cannot limit nuclear energy sales to competitors: regulator
Power demand from French utility EDF’s retail subsidiaries cannot limit the amount of cheap nuclear electricity that is available for…
EBRD and Green Energy Special Fund providing €11 million joint loan to city of Bacau to modernize street lighting
The population of Bacau will benefit from a €11 million loan provided by the EBRD and the Green Energy Special…
Growing results for OMV Petrom at nine months – analysts
OMV Petrom (SNP) will report improved financial results for the first nine months of the year, analysts say, as oil…
Post-mortem: Auditors analyse EU’s failed carbon capture projects
EU-funded efforts to boost the uptake of carbon capture and storage (CCS) technologies have failed largely because of a lack…
Ringhel enters the Serbian market with IT solutions for power and natural gas suppliers
Ringhel, the leading provider of IT solutions and services dedicated to the Romanian power and gas markets, recently concluded two…
KMGI and SAPE launched the Kazakh – Romanian Energy Investment Fund with two projects in pipeline
KazMunayGas International (KMGI) and Societatea de Administrare a Participațiilor în Energie (SAPE) which is owned by the Ministry of Energy…