Romania imported 20% more oil in the first two months
In the first two months of 2018, Romania imported 1,453 million tons of crude oil equivalent, with 242,500 toes (20%)…
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Sanctions imposed on Russia present a ”huge risk,” Energy minister
The Russian Energy minister said that sanctions imposed on his country are economic competition measures that impact negatively on its…
KMGI extended a 360 mln. USD credit line by 2021
The KMG International Group (KMGI) has amended and extended its USD 360 million multicurrency revolving credit facility on Friday, 20…
Greece accepts Snam-led consortium’s offer for gas grid DESFA, Romania’s Transgaz loses bid
Greece has accepted a 535 million euro offer from a consortium led by Italy’s Snam for a majority stake in…
Britain’s Ovo introduces smart home batteries that buy cheap energy
Stephen Fitzpatrick—the founder and CEO of British energy upstart Ovo Energy—has an elegant vision for the future of energy. One…
The Competition Council has not opened an investigation into the green certificates market
Although the green certificates market is quasi-inoperable, with about 12 million unsold certificates, the authorities are not investigating the market…
Romanian e-cars market is growing slowly, yet maturing fast (EBC, April 17)
Technological solutions are developing at a dizzying pace, making it more difficult to decide on a large-scale investment at the…
The Ministry of Environment will change the legislation on green alternative fuels to include compressed natural gas
Although the European directives include compressed natural gas (CNG) in the list of green alternative fuels, it is not included…
Renewable energy wins over big businesses in US
Despite President Trump’s call for a coal power renaissance, companies like GM, Target and Starbucks are following Google and Apple…
E-distribuţie Muntenia invested 6 mln. lei for the modernisation of the networks in Cotroceni
E-Distribuție Muntenia invested approx. 6 million lei for the modernization of the medium and low voltage networks in Cotroceni area,…
Hong Kong families with rooftop solar panels or wind turbines could sell energy for up to five times the current electricity price
Hong Kong households and businesses that produce renewable energy through rooftop solar installations or wind systems could soon sell their…
World’s largest companies announced a total of 1,730 MW of green capacity in Q1
Large companies announced deals for at least 1,731 megawatts of capacity in renewable power during the first quarter of this…