Britain’s Octopus Energy to pay customers who use excess green electricity supply
Britain’s Octopus Energy, a challenger to the country’s big six power utillities, has launched the first domestic tariff to pay…
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Black Sea gas and international expansion are the answers for the future of OMV Petrom
Over the past 12 years, the company has invested over 13 billion euros, said Mariana Gheorghe, CEO of OMV Petrom,…
Bucharest minicipality voted its annual budget, RADET gets 76 mln. lei for investment
The General Council of the Capital adopted the Bucharest City Budget Draft for 2018, which provides for expenditures of 6.2…
Enel, ENERTRAG and Leclanché team up to build storage plant in Germany
Enel, through its renewables subsidiary Enel Green Power Germany (EGP Germany), has signed an agreement with German wind energy company…
Petru Ion Văduva to be named CEO at Chimcomplex Borzesti
Petru Văduva, former general manager of Transgaz, will become CEO of Chimcomplex Borzeşti, after the company will take over the…
EU’s Vestager says in talks with Gazprom for ending the antitrust investigation
The EU’s competition supervisor is discussing the outcome of market feedback with Russian gas supplier Gazprom following “critical” comments from…
Gazprom to raise South Stream Serbia capital by 15 mln. euro
Russia’s Gazprom said on Monday its board of directors has approved the subscription of a 15.46 million euro ($19.2 million)…
On stock exchanges, green businesses double performance of fossil fuel peers
Clean energy investments have almost doubled the performance of fossil fuel energy stocks over the past year and a half,…
Romgaz expects additional expenses of up to 30 million lei with royalties in 2018
In the conference call to discuss the 2017 preliminary financial results, Romgaz officials estimated to 24-30 million lei the additional…
Dutch energy company Eneco to be privatized
Dutch energy company Eneco, valued at up to 4 billion euros ($5 billion), will be privatized after its municipal shareholders…
Smart metering, the first step towards energy efficiency (opinion by Lucian Anghel, EnergyPal România)
Lucian Anghel, Fondator and CEO, EnergyPal Romania The first and most important step for energy saving and increasing energy efficiency…
Hidroelectrica reopens Vidraru auction, announces profit worth 1.5 bln. lei for 2017
Hidroelectrica estimates that it has achieved a gross profit of more than one billion and a half lei last year,…
EIB Romanian financing in 2017: 1.9 bln. EUR – the highest level since 2009
The European Investment Bank Group, comprising the European Investment Bank (EIB) and its subsidiary, the European Investment Fund (EIF), provided…
The Intelligent Energy Association launched a civic initiative to rewrite the Natural Gas Network Code
In a conference organized last Thursday by the Intelligent Energy Association and online publication www.energy-center.ro, Dumitru Chisăliță, one of the…
