Gheorghe: Petrom’s fuel sales exceeded the market average
Sales of gasoline and diesel increased by 5.6% in the first half of this year compared with the same period…
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MOL’s Panfora Oil and gas to start exploring in two oil blocks in western Romania
The Hungarian oil group MOL, through Panfora Oil and Gas, starts exploring in two oil blocks in western Romania, Voivozi…
CEZ shares fall, but the adjusted profit holds ground
CEZ AS fell the most in more than six weeks after its second-quarter profit missed all analyst estimates and the…
SolarCity gets ready for the Tesla takeover
SolarCity Corp. is facing near-term roadblocks as installations slow and the pending acquisition by Tesla Motors Inc. hinders its financing…
The world’s energy engine is slowing
China’s imports of crude oil, coal and natural gas slowed in July, offering no solace for producers hoping demand from the…
EUR 15 million in public money for over 840 electric car charging stations
The Ministry of Environment launched the user guide for financing the infrastructure development program for charging stations for electric and…
In insolvency, Astra refinery ups losses by about 20%
The refinery Astra Romana recorded in the first quarter of 2016 a gross loss of 1.57 million lei, almost 20%…
Apple is officially cleared to sell solar energy
Tech giant Apple started Apple Energy LLC back in June with the goal of selling their surplus solar energy. While…
OMV Petrom dropped out 1,200 employees in the last 12 months, with reduced Upstream operations
OMV Petrom recorded a net profit of 408 million lei, after the first six months of the year, while procedeed…
Transgaz pays 775,000 euros for security services
Transgaz pays 775.000 euros for security services The National Company for Transport of Natural Gas Transgaz Medias, will pay 3.45…
Siemens expands two Romanian factories
Siemens announced the expansion of two factories in Romania, in Sibiu and Buziaş, according to a release received by energynomics.ro.…
Romania has received 16 mln. euro in Kyoto certificates this July
State took over 15.8 million euros in July, after marketing at the auction platform of the European Union (EU) the…
OPEC: Oil prices may rise in the second half
The oil market is currently balancing, despite the recent decline in world prices, said Mohammad bin Saleh al-Sada, Minister of…
E. Perini: A national strategy for energy security should start from the energy security of each individual
This is the transcript of the message delivered by Enrico Perini, CEO Romstal, during the 2016 Energy Strategy Summit, held…
Transgaz: Gas demand will be of 6.6 mln. MWh in August
The overall demand for natural gas in August 2016 is estimated at nearly 6.6 (6.583) million MWh, according to the…
The low oil price creates new deflationary fears
The low oil price, of just USD 40 per barrel, after barely returned to 50 dollars, creates new deflationary fears,…
On gas boilers market, over a third of purchases are replacements (Ariston Thermo study)
A lot of families who choose to install a gas boiler for heating make this decision because they want independence…
Romania’s coal output dropped 12% in H1
The net production of coal in Romania in the first five months of this year totalled 1.647 million tons of…
Energy and utilities M&As dropped 4% during H1
Energy, mining and utilities mergers and acquisitions (M&As) dropped slightly to 166 billion USD at a global level in the…