Exxon and Energy Department team up on biofuels, plastics research
Research collaborations for cleaner, more energy-dense biofuels and recyclable plastics are at the heart of a new agreement between Exxon…
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General Interest
Bosch to be carbon neutral worldwide by 2020
Bosch is to be fully climate-neutral as early as next year. Its over 400 locations worldwide, and their engineering, manufacturing,…
VW to begin concrete talks on new factory, Romania among possible locations
Volkswagen has decided to begin concrete negotiations on a planned new multibrand production plant in Europe with the remaining potential…
Energy researchers spell out four reasons for slow emissions reduction in Germany
The rapid expansion of renewable power sources in Germany has not been matched by a parallel drop in carbon emissions…
Investment in renewables must double to reach Paris goals
The world must double spending on renewable power and slash investment in oil and coal by 2030 to keep the…
EBRD backs Romania’s first covered bond with 40 mln. euro
Romanian capital markets are getting another boost as Alpha Bank, a local lender, is issuing the country’s first covered bonds.…
Two million of cars registered in the European Union are electric or hybrid – Eurostat
In 2017, 262 million cars were registered in the European Union, of which about two million (0.8%) were electric or…
Final electricity consumption declined by 1.6% in the first quarter
Final consumption of electricity was of 14.451 billion kWh in the first quarter of this year, 1.6% lower than in…
Turkey presses banks to agree high-stakes bailout of bad energy loans
Turkey’s plan to clean up some $13 billion in bad energy loans, one of the worst hangovers from last year’s…
TeraPlast buys the minority stake and reaches 99% of Depaco
TeraPlast Group, the largest Romanian construction materials producer, increased its equity stake in Depaco with 32%, reaching 99%. Depaco is…
Hungary unveils long-term energy and climate change plan
Hungary plans to reduce its greenhouse gas (GHG) emissions by at least 52% compared to 1990 levels by 2050, but…
Amsterdam will ban fossil-fuel cars and motorcycles by 2030
Cars and motorcycles powered by gasoline or diesel will be banned in Amsterdam since 2030. Next year, diesel-powered cars older…
Bosch invests billions of euro in climate action and air quality
For the Bosch Group, the 2018 business year was a successful one. The company increased its sales revenue to a…
The EU is about to define itself a new strategic vision
Romania currently holds, for the first time in history, the presidency of the Council of the European Union. While waiting…
European elections on May 26 – 3 reasons why it is important
Between May 23rd and 26th, over 400 million European citizens will vote to establish the structure of the future European…
The Sibiu Declaration – generous principles to be tested very soon
EU leaders gathered in Sibiu, Romania, for a special summit on Europe Day to proclaim their unity before the European…
Euro zone inflation accelerates in April on energy, services
Euro zone price growth accelerated by more than expected in April, boosted by more costly energy and services and the…
Turkey’s energy sector has $12-13 bln worth of problem loans
Turkey’s energy sector has $12-13 billion worth of loans that require restructuring, out of a total $70 billion total sector…
Global battery energy storage market to grow by 7% to reach USD 13 bn by 2023, says GlobalData
The global battery energy storage market is forecast to grow to $13.13bn by 2023. Asia-Pacific (APAC) and EMEA will be…
FP announces closing contract of Mike Sommer
Fondul Proprietatea announced the departure of one of its directors, Mike Sommer, as of May 1. ”The Investment Manager announces…
New French energy law puts off difficult climate decisions
France has set more ambitious targets to cut carbon emissions by 2050 but few measures will take effect on President…
CE Oltenia has rescheduled its debts to the Fiscal authority for four months
The Oltenia Energy Complex rescheduled January-April budget debts in order to pay for carbon credits, according to sources close to…
Romania, on the 40th position in the top of global energy transition
Romania ranks 40th, while Sweden ranks first at the top of the countries reported being the readiest for the global…