EBRD invested 707 mln. euro in Romania last year, up 7% from 2023
EBRD investments in Romania increased to 707 million euros in 2024, up 7.44% from the 658 million euros injected into…
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General Interest
Greenvolt Group consolidates its European strategy with Greenvolt Next Ireland
Greenvolt Group, a global leader in renewable energy, announces that its Ireland business, specialising in distributed energy solutions, Enerpower powered…
BASF Coatings and Koch International rely on electric trucks for long-distance transport
BASF Coatings, a leading partner for innovative surface solutions and Koch International, an international logistics service provider based in Osnabrück,…
Greenhouse gas emissions from the EU economy fell by 7% in 2023
Greenhouse gas (GHG) emissions from the economic activities of resident units in the European Union totalled 3.4 billion tonnes of…
Russia’s oil and gas revenues rose 26% in 2024
Russia’s oil and gas revenues to the state budget rose more than 26% in 2024, to 11,130 billion rubles ($108.22…
Gazprom to cut 40% of staff at St. Petersburg HQs
Energy giant Gazprom is planning to cut staff at its headquarters in St. Petersburg, a company spokesman said, as the…
Transelectrica announces completion of an 89 mln. lei project with European funds
The National Electricity Transmission Company has completed the investment in implementing a metering and management system for electricity measurement data…
Gazprom Neft to exit NIS stake in February
Gazprom Neft Group, the oil division of Russian giant Gazprom, will be given a 45-day grace period to exit Serbian…
Energy Minister: We have proposed to extend the operating terms of coal-fired power plants
Romania will ask the European Commission (EC) to extend the operating terms of coal-fired power plants by 2-3 years, because…
Poland’s largest investment program in history: ORLEN’s new strategy includes gas and storage
Energy security, modernisation, environmental stewardship, and product innovation form the cornerstones of ORLEN’s newly unveiled strategy, presented to the press…
Răzvan Popescu: Romgaz takes a first step in getting ready to become a direct gas supplier
Romgaz takes the first step towards supplying natural gas to household and small non-household customers, launching the tender for an…
Suspension of Russian gas supplies to Transnistria: EU denounces Russia’s ”hybrid war” against Moldova
European Union foreign policy chief Kaja Kallas accused Russia of “weaponizing gas” and waging a “hybrid war” in Moldova, where…
‘Pole tax’ becomes a battlefront for the energy industry again
The construction tax, approved by GEO 156/2024, will have a significant impact on the energy industry and other related sectors.…
Romania targets an extra 2,500 MW in the energy system in 2025
Romania targets 2,500 new MW in the energy system in 2025, with investments such as Iernut, Mintia, Răstolița, Năvodari and…
ME signs 62 contracts for solar parks worth 128 mln. lei
The Minister of Energy, Sebastian Burduja, signed 62 financing contracts for construction projects of solar parks for city halls and…
Qatar to halt gas supplies to EU if fined under EU directives
Qatar has threatened to halt vital gas supplies to the European Union if member states strictly implement a new directive…
Ciolacu 2 Government voted by Parliament; Sebastian Burduja continues Energy Minister.
The Parliament’s plenary approved the government programme and validated Ciolacu Cabinet 2, with 240 votes in favour, out of 450…
Auchan Romania integrates sustainability into business strategy
Auchan Romania demonstrates that sustainability is not just a concept, but a central pillar of its business strategy. Through its…
IOGP Europe proposes a CfD scheme for the development of CCS value chain projects
The International Association of Oil & Gas Producers Europe (IOGP Europe) has proposed a groundbreaking initiative to accelerate Carbon Capture…
Chisăliță: Functioning of the energy market must be based on public policies, the role of a Ministry of Energy is huge
The President of the Smart Energy Association, Dumitru Chisăliță, drew attention on Friday to the fact that a possible abolition…
Vertiv and Compass Datacenters: Combined air and liquid cooling system for AI apps
Data center operators are challenged to support rapidly evolving environments where legacy IT applications increasingly coexist with high-density computing deployed…
Storage capacities development program, extended
The call for projects “Supporting investments in the development of electricity storage capacities (batteries) with financing from the Modernization Fund”…