Economics&Markets
Over 1 bln lei worth profit for Romgaz in the first nine months this year
The Romgaz Group obtained a net profit of 1.027 billion lei in the first nine months, down from the same…
AmCham: Romania’s energy security, affected by lack of investments in power generation
The American Chamber of Commerce in Romania (AmCham Romania) closely monitors the investment flows in the Romanian economy, and in…
EximBank finances Romelectro with 150 millions lei
EximBank has granted Romelectro SA, one of the largest general contractors for energy projects in Romania, a financing worth 150…
Oil tanks while US midterm theatre reaches financial markets
Global stock markets bounced and the dollar weakened following comments from President Trump that trade discussions with China were “moving…
Cyprus urges Turkey to cooperate on energy, but peace first
Cyprus is ready to work with Turkey on exploiting the east Mediterranean’s potential oil and gas wealth, as long as…
EBRD revised its forecasts on the advance of the Romanian economy in 2018 and 2019
Romania’s economy is expected to see a 4.2% growth this year, while the economic growth will slow to 3.6% next…
Aramco signals chemical ambitions beyond $70 billion Sabic deal
Saudi Aramco’s chief executive officer said he has bigger ambitions in petrochemicals beyond the planned $70 billion acquisition of a…
Bucharest Forum: Energy is a crucial part of regional security
Career diplomats, military and analysts, as well as experts from the various fields of activity (energy, biotech, IT) discussed in…
”Expensive energy is back”— and it’s threatening the global economy, IEA warns
The International Energy Agency (IEA) is concerned about a dramatic upswing in energy prices, according to its latest monthly report,…
