ME: State-owned companies reform aims for savings of over 1 billion lei
The Ministry of Energy has launched a broad process of streamlining and restructuring state-owned companies in the field, targeting total…
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ANRE: The average gross basic salary within ANRE is of about 23,000 lei, not 9,000 euro
The average gross basic salary within ANRE is approximately 23,000 RON, and the organizational structure of ANRE actually includes 28…
EU to delay publication of Russian fuel phase-out strategy by a month
The European Commission may delay the date on which it is to publish its roadmap for phasing out the last…
Global EVs sales rose 14% last year
Global sales of battery electric vehicles (BEVs) rose by about 14% last year, to 10.4 million, according to a study…
Burduja on the ELCEN protests: We will not back down from efficiency measures
Reducing public spending is absolutely necessary, and my firm and direct appeal is that the protest actions of ELCEN employees…
Energy Minister Speaks on energy sovereignty: Increasing and diversifying local capacities
“Do you know the extremist lie that Romania pays the most expensive electricity and gas in Europe? And that, God…
Tanczos Barna: Change in S&P rating outlook, signal of budget deficit cut
S&P did not change the country rating, Romania is still recommended to investors, but the rating agency gave us a…
Burduja: State-owned energy companies must cut their salary expenses
The Minister of Energy, Sebastian Burduja, announced that he will not sign the discharge (revenue and expenditure budgets) for companies…
EU’s Competitiveness Compass to seriously impact the energy sector
The European Commission’s Competitiveness Compass outlines yet another bold strategy to reinvigorate the EU’s economy, with a strong focus on…
First CfD contracts have been signed – 21 companies will benefit of subsidies for 15 years
The electricity market operator OPCOM has published the list of the 21 companies with which contracts were signed after the…
Schneider Electric and The Mobility House Solutions partner on smart EV solutions
Schneider Electric and The Mobility House Solutions, a leader in smart charging technology, have announced a new partnership for electric…
Local M&A market reaches 6.6 bln. USD, PPC-Evryo and Nala-OX2 among top deals
Romanian mergers and acquisitions (M&A) market recorded robust activity in 2024, recording 265 deals with an estimated value of USD…
Delgaz Grid completes new 23 mln. lei investment in Onești
The distribution company Delgaz Grid has completed the construction and put into operation, at the end of December 2024, a…
Electromontaj signs 10-year strategic partnership with Dutch TSO cu Tennet
Electromontaj announces the signing of a 10-year partnership with Tennet BV, the electricity transmission operator in the Netherlands. The collaboration,…
Romania distances itself from Green Deal, Energy Ministry to present “negative effects” in new report
“I will present to the Government a detailed report on the negative effects of “Green Deal” policies on the Romanian…
Romania’s crude oil production down 4%, imports surge 11% in the first 11 months
Romania produced, in the first 11 months of 2024, a quantity of crude oil of almost 2.456 million tons of…
Hanga: Stock exchange market capitalization up 18%, number of trades hit new record in 2024
The Bucharest Stock Exchange (BVB) recorded the highest number of transactions in 2024, namely 2.6 million, up 32% compared to…
Environment Guard imposed fines of almost 130 mlb. lei in 2024
Last year, environmental commissioners carried out 47,566 inspections in the fields of pollution control and biodiversity, biosecurity and protected natural…
Stopping gas transit through Ukraine. Effects and prospects (analysis by Mihai Melintei)
Mihai Melintei, Energy Analytical Studies Russia’s military aggression in Ukraine has shown that energy is a fundamental part of the…
Tiraspol accepts gas delivered via Moldovagaz
The separatist leader in Tiraspol, Vadim Krasnoselski, has announced that he agrees to gas being delivered to Transnistria via Moldovagaz,…
Vernești Technological High School has become a teaching material for energy efficiency in school buildings
At the Technological High School in Vernești, Buzău County, education is getting a new dimension through the energy modernization of…
OPCOM: Energy price increased by 75% in December year-on-year
The electricity price on the OPCOM stock exchange spot market (Day-Ahead Market – PZU) had an average of 701.88 lei…
Transelectrica plans investments of over 9.4 bln. lei for the next decade
The National Electricity Transmission Company Transelectrica will implement a development plan for the Electric Transmission Network for the period 2024-2033,…