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World Bank pulls plug on oil and gas
The World Bank has announced it will stop funding oil and gas projects from 2019. Annie Pickering, a campaigner at…
Germany: Offshore wind farms deliver power on 363 days a year
Offshore wind farms produce electricity more reliably than previously thought, a study by research institute Fraunhofer IWES has shown. Wind…
Mihai Darie leaves Nuclearelectrica and joins Electrica SA as CFO
A few months before the end of the term of financial director at Nuclearelectrica, Mihai Darie decided to join the…
Issues of major importance for the future of the Romanian energy industry
The rethinking of the regulatory framework in the entire energy and mineral resources field is in process of redefinition, with…
Romgaz Director, Virgil Metea, fired 6 months after confirmed for a new four-year term
The Board of Directors of Romgaz decided to revoke Virgil Metea’s mandate as director general. The revocation reasons, as presentedin…
Greg Konieczny, Fondul Proprietatea: Interim mandates of political appointees should cease immediately
Romania faces a pushback in the corporate governance of the state companies, in the current political regime. There is a…
Hungary plans big boost in solar power generation
Hungary will relax rules on the construction of small solar power plants and subsidize loans to landowners as part of…
EIB offers Transgaz 50 million euro in lei, first loan in national currency
The European Investment Bank (EIB) is providing the first loan to a corporate in Romania that can be disbursed in…
Enel builds 146 MW of new wind capacity in Canada
Enel, through its US-based renewables subsidiary Enel Green Power North America (EGPNA), has been awarded two 20-year Renewable Energy Support…
UPS-as-a-Reserve Service from Eaton to Support the Power Grid in Frequency Containment Reserve
Power management company Eaton is building an energy service for data centers that will enable organizations to participate in grid…
The shares of the energy companies – between unprecedented growths and political decisions
The most consistent advance of quotations for the energy titles listed at the Bucharest Stock Exchange has been recorded this…
Gazprom to participate in LNG project in Iran
Russia’s top gas producer Gazprom has signed a roadmap on implementation of projects in Iran and a memorandum of understanding…
Economy Ministry: Transgaz doesn’t give up the buyout of Moldovian gas operator
The Ministry of Economy continues to support Transgaz’s takeover of Moldova’s Vestmoldtransgaz gas operator, and the vote in the company’s…
The operators lose yet another percentage point from the regulated power distribution tariffs
The Regulatory Committee of the National Regulatory Authority for Energy – ANRE approved on Tuesday, December 12, 2017, the specific…
Italy declares state of emergency after the Austrian gas terminal explosion
Italy has declared the state of emergency regarding energy supplies after the explosion at the Baumgarten gas terminal in eastern…
E-Distribuţie Muntenia invested 14.5 mln. lei into Cotroceni primary station
E-Distribuție Muntenia invested approx. 14.5 million lei (3.15 million euros) for the first stages of the modernization of the Cotroceni…