Electrica Group reports a major increase in net profit, by 313%, in H1
Electrica Group’s net profit increased fourfold (412.7%) in the first half of the year, to RON 421.4 million, up by…
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Premier Energy Group reports 63% revenue growth, net profit triples in H1
Premier Energy Group reports continued solid growth in the first half of 2025 (H1). Normalized revenue increased by 49% year-on-year…
Coal imports drop by over 60%, local production – by almost 3% in H1
Romania’s coal production amounted to 902,400 tons of oil equivalent (toe) in the first six months of 2025, being 2.9%…
Ivan: We have five measures that should lead to a reduction in energy prices by 20-25%
The Ministry of Energy has five points that it has put together, measures that should be implemented starting next week…
Competition analyzes the full takeover of Heliolux by Econergy International
The Competition Council is analyzing the transaction through which Econergy International Limited intends to take over other 50 percent of…
Serbia starts works on 205 mln. euro power transmission project
Serbia has started works on a 205 million euro ($238 million) power transmission project that aims to strengthen the country’s…
E.ON issues green bonds worth 1.1 bln. euro
On August 27, E.ON successfully issued two tranches of green bonds with a combined volume of 1.1 billion euro: a…
Russian oil supplies to Hungary and Slovakia have resumed
Russian oil supplies to Hungary and Slovakia via the Drujba pipeline have resumed after a disruption caused last week by…
Energy Minister: Romanian gas storage facilities have reached a filling rate of 81%
Romanian gas storage facilities have reached a filling rate of 81.07%, above the European average, this result providing solid premises…
Gas-fired power plant at Palas Constanta will also be able to operate with hydrogen
The new power plant at Palas Constanta will operate with gas and also with hydrogen in a mixture, announced the…
Cristina Chiriac, CONAF: Romania should increase royalties progressively to 15-20%
A progressive increase in royalties towards 15-20%, establishing a predictable and equitable framework for all actors involved and strict monitoring…
OMV Petrom strengthens its presence in the Romanian bitumen market
OMV Petrom, the largest energy producer in South-Eastern Europe, is expanding its activity in the bitumen field, through two strategic…
US again postpones sanctions against NIS
Washington has granted a new 30-day reprieve from the sanctions regime for the Serbian oil company Naftna Industrija Srbije (NIS),…
AFEER: Heatwaves, end of subsidies and VAT increase made electricity more expensive
Electricity bills for consumption in July and, partially, in August reflect an increase compared to previous periods determined by three…
Romania asks EC to accelerate the development of interconnection capacity
Romania asks the European Commission and neighboring states to accelerate the increase in interconnection capacity for electricity, as the decrease…
PPC Renewables installs first turbines in Vaslui’s largest wind farm, of 140 MW
The construction work of the largest wind farm in Moldova, in Vaslui County, which belongs to PPC Renewables Romania, has…
Renewable investment falls 36% in US due to Trump’s policy
Investment in renewable energy projects in the US has collapsed this year as developers responded to the White House’s policy…
INS: Romania’s oil imports increase by almost 30% amid falling production
In the first six months of 2025, Romania produced 1.25 million tons of oil equivalent (toe), 103,200 toe less (-7.6%)…
Andrei Cionca: Transforming Fondul Proprietatea into an investment fund can contribute to the objectives set by the Draghi Report
Fondul Proprietatea risks becoming completely irrelevant in size and operationally unsustainable, if future portfolio capitalizations are not replaced with new…
Opel drops goal to sell only electric cars from 2028
German carmaker Opel, a subsidiary of the Stellantis group, has dropped plans to exclusively sell electric vehicles in Europe from…
Top 25 most profitable companies in Transylvania and Banat, dominated by energy
The economy of Transylvania and Banat continues to confirm its status as a growth pole for Romania. The top 25…
Ariston: Less than half of Romanians perform annual boiler inspections
The percentage of those who perform boiler inspections remains below that recorded in the EU, according to Ariston data. The…
Daniel Dragomir (WALDEVAR): the “Nufărul” project marks a turning point for solar energy in RomaniT
The Nufărul Pilot Project marks a milestone for the Romanian energy market: it is the first floating photovoltaic system implemented…