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…
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General Interest
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…
OPEC expects global energy demand to skyrocket through 2040, thanks to India and China
Global energy demand is set to skyrocket over the next two decades, OPEC said in its latest annual outlook, with…
IEA: Clean energy is surging, but not fast enough to solve global warming
Over the next two decades, the world’s energy system will undergo a huge transformation. Wind and solar power are poised…
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…
UK renewable energy capacity surpasses fossil fuels for first time
The capacity of renewable energy has overtaken that of fossil fuels in the UK for the first time, in a…
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…
Only 16 countries meet their commitment to Paris Agreement
Only sixteen countries out of the 197 that have signed the Paris Agreement have defined national climate action plan ambitious…
Top German automakers halt sales of some plug-in hybrid cars: report
Volkswagen AG, BMW AG and Daimler AG-owned Mercedes-Benz have halted sales of some of their plug-in hybrid cars in Europe…