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NBR maintains the interest rate at 1.75%
The Board of the National Bank of Romania (BNR) maintained its monetary policy interest rate at 1.75% per annum and…
Britain launches $361 million clean energy auction
The U.K. government has launched an auction which will see developers of renewable energy compete for £290 million ($361 million)…
Deloitte Romania: Q1 2017 brings correction in the M&A activity
After a record breaking fourth quarter of 2016, the first quarter of 2017 has brought a correction in the value…
Konieczny, FP: Hidroelectrica needs a board appointed on a four-year mandate
Fondul Proprietatea (FP) is not satisfied with proposals made by the Ministry of Energy to set up another interim Board…
ABB acquires B&R and expands in industrial automation
ABB announced the acquisition of B&R, the largest independent provider focused on product- and software-based, open-architecture solutions for machine and…
Taxation for Romanian O&G industry rose, while international prices collapsed
The average effective rate of the royalties and other taxes imposed on the oil and gas industry in Romania has…
Enel and ENAP connect to the grid first geothermal plant in South America
South America’s first geothermal power plant Cerro Pabellón, which was built by the Enel Group’s renewable energy subsidiary Enel Green…
Gazprom: The Export to Serbia Grew by 37.6%, to Bulgaria – by 19.4%
Russia’s gas monopoly, Gazprom, in March increased supplies to countries, which may be clients of the Turkish Stream projects, Russian TASS…
Transelectrica estimates a 145.9 million lei profit in 2017, halved from that of 2016
Transelectrica, the transport and system operator on the electricity market in Romania, estimates for this year a net profit of…
