Energy services represent 80% of the Luxten Lighting Company SA business
With a history of over 20 years, Luxten Lighting Company SA is a company that has been through the entire…
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Moody’s grants Transelectrica a Ba1 rating, improving its outlook
The National Power Grid Company Transelectrica SA informed shareholders through a BSE statement that the International Rating Agency Moody’s Investors…
World Bank, AIIB allocate $1.2b loan to Turkey for natural gas storage facility
urkey’s ever-growing energy industry continues to draw investments from international institutions. The World Bank and Asian Infrastructure Investment Bank (AIIB)…
Energy sector, the biggest contributor to global M&As so far in 2018
A historic peak in global mergers and acquisitions (M&A) in the first half of 2018 has seen the energy and…
The transaction between KMGI and CEFC has failed
The deal for the takeover of 51% of the shares of the oil company KMG International NV, the former Rompetrol…
Japan OKs ambitious nuke energy goals
Japan on Tuesday approved an energy plan that sets ambitious targets for nuclear energy use and sustains a struggling program…
14 European countries call for stronger EU climate action
A group of European countries known as the ‘Green Growth Group’ have called on the European Commission to update the…
L. Nistoran: Romgaz could take over one of Interagro’s chemical fertilizers plant
The strategy for development of Romgaz, the most important state-owned gas producer in Romania also includes investments in the chemical…
KMGI EBITDA up 12%, Petromidia sales to non-group grow 40% in Q1
This year’s first quarter brought an improvement for KMG International, in terms of its operational and financial results, in the…
Renewables reach a share of over 40 percent in Germany’s net power generation
The net output of renewable energy sources in Germany’s power mix has reached a new record share in the first…
Siemens Energy Management: Ready for the digitalization!
Siemens is ready to cover from local resources the digitalization projects which will definitely not circumvent Romania: the rates of…
Saudi Arabia plans to pump up to 11 million bpd of oil in July, a record high (Reuters)
Saudi Arabia plans to pump up to 11 million barrels of oil per day (bpd) in July, the highest in…
EU greenhouse gas emission budget: implications for EU climate policies
Estimates of the EU’s greenhouse gas emission budgets for the rest of the century vary considerably but have one thing…
Looking for the main objective of Romania’s energy strategy? It was decided in Brussels: 32% share of renewables in 2030
The European Union’s target for the share of renewable energies in total energy consumption in 2030 is mandatory for Romania,…
The gas price on the wholesale market will be about 15% higher in December 2018 compared to December 2017
The weighted average price of natural gas from domestic production traded on the Romanian Commodities Exchange (RCE) increased in the…
The cogeneration sector has a future in Romania, despite the present (EBC, June 21)
Strong demand, especially in Bucharest, and potential new natural gas resources are the premises on which to develop appropriate business…
