energynomics.ro has released its 2017 Energy Strategy Summit report
The Romanian energy industry is in a new historical stage, where large developments take place, even in the absence of…
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Romania approves China Energy bouyout of Rompetrol
KMG International Group (KMGI) announces the recent decisions of the Romanian authorities approving the transaction signed at the end of…
Germany recalls Porsche Cayenne models over emissions software
German Transport Minister Alexander Dobrindt on Thursday announced a recall of Porsche Cayenne models equipped with 3-litre diesel engines after…
BRUA goes ahead: ANRE to approve the Open Season Rulebook for the capacities related to the Romania–Hungary segment
The Regulatory Committee of the National Energy Regulatory Authority (ANRE) will approve on Friday the proposal to start the tender…
BVB: Romania champions growth among frontier markets as returns exceed 40%
Romania ranks first among world’s Frontier Markets considering the growth of the returns in US dollars, which have exceeded 40…
FP: Extending Hidroelectrica’s Board mandates generates a risk of corruption
Fondul Proprietatea (FP) announced it opposes the extension proposed by the Energy ministry of the mandates of the current Hidroelectrica…
OMV, Exxon and Austria – main losers of BRUA deviation, according to ICIS
While watching Hungarian authorities offering Gazprom a new deal on a platter, Americans of Exxon, that exploit new Black Sea…
Enel starts operating 190 million dollars wind farm in Brazil
Enel, through its Brazilian renewable subsidiary Enel Green Power Brasil Participações (“EGPB”), has begun operation of its Cristalandia wind farm,…
OPEC moves to cap Nigerian oil output, boost compliance
OPEC moved on Monday to cap Nigerian oil output and called on several members to boost compliance with production cuts…
EU court reinstates Gazprom’s extra access to German Opal natural gas link
Russia’s Gazprom will soon be able to bid for up to 12.8 Bcm/year of extra capacity in Germany’s 36.5 Bcm/year…
EC and Transgaz announce that BRUA will not be affected by Hungary’s blockage
Following Hungary’s decision not to participate in the construction of the BRUA gas pipeline, the Romanian national operator Transgaz announced…
Bogdan Chiritoiu: 2017 – the most intense year for Competition Council
The Competition Council has the most intense activity this year, both in terms of the carried out investigations and those…
The Petrom-Transeastern wind transaction offers the market a very low reference price – expert
Transeastern has offered Petrom for the 45 MW Dorobantu Park, a price of nearly 511.000 euros per MW, after investors…
Energy companies, among the least affected by digitalisation in Romania
Almost 67% of Romania’s energy and utilities companies say they will not undergo transformations due to the digitization, while 33%…
GE profit slumps by 60%, investors await new CEO’s targets
General Electric Co’s (GE.N) profit fell nearly 60 percent in the second quarter and it put off an expected “reset”…
Siemens retreats from Russian energy after Crimean scandal
Germany’s Siemens tried to distance itself from a Crimean sanctions scandal on Friday, halting deliveries of power equipment to Russian…