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Oil hits $71 for first time since 2014 on tighter supply and weak dollar
Oil hit $71 a barrel on Thursday for the first time since 2014, supported by OPEC-led supply curbs, a record-breaking…
Plug wars: The battle for electric car supremacy
German carmakers hope a network of high-power charging stations they are rolling out with Ford will set an industry standard…
More critical mass accumulates for energy storage in Romania (EBC, January 23)
Major global trends are being introduced in Romania through multinational companies that offer to local clients technology solutions and business…
Telekom will collect nearly 1 million euros from call center services for Electrica Muntenia Nord
Telekom Romania Communications (former Romtelecom) will provide the Muntenia Nord electricity distributor for call center services in the next two…
Big Oil flush with cash again, but no party yet
The world’s top oil companies are expected to generate more cash in 2018 than at any other time this decade…
Workers at risk from cuts at Croatian refinery to get other jobs at INA
Workers whose jobs are affected by the closure of some activities at a loss-making oil refinery in the central town…
Methodology for gas royalties calculation gets under scrutiny again
A draft order of the National Agency for Mineral Resources (NAMR), published on January 19th, establishes that the royalties for…
ABB and City of Davos, partnership for mobility for e-vehicles
For this year’s annual World Economic Forum (January 23–26, 2018), the city of Davos and ABB have teamed up in…
EximBank: 23 million dollars collateral for a Hidroconstrucția Jordan deal
EximBank issued two bank guarantee letters totaling more than $ 23 million for Hidrocontrucția, one of the largest Romanian private…
Audi testing its own Smart Energy Network home battery system
Tesla may have made waves with its Tesla Energy home batteries, but more luxury car makers are looking to do…
Saudi Energy minister urges oil producers to extend cooperation beyond 2018
Saudi Arabia’s energy minister urged global oil producing nations to extend their cooperation beyond 2018, but said this might mean…
Electrica Group recruits general managers for its electricity distribution companies Transilvania Sud and Muntenia Nord
Creativity, technical competence, commitment and high ethical standards – these are the main requirements for the managers to be recruited…
EY: EVs to reach price and performance parity with internal combustion engine vehicles by 2025
By 2022 in Europe and 2021 in Oceania, the cost of autonomous power generation and storage will be similar to…
Transelectrica, maintenance contract of 1 mln euro with its subsidiary, Teletrans
Transelectrica has concluded a contract worth 4.56 million lei without VAT with one of its subsidiaries – Society for Telecommunication…
Naftogaz says purchase of 5 billion cubic meters of gas from Gazprom is cost-efficient
National joint-stock company Naftogaz Ukrainy believes that purchase of 5 billion cubic meters (bcm) of natural gas from Russia’s Gazprom…