Burduja: Gov’t is not abandoning the capping and compensation system
Romania is approaching an 85% filling degree of its gas deposits for the cold season, which means that the country…
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General Interest
Raffel: E.ON is one of the big taxpayers, it paid around 370 mln. euro in 2022 to the budget
Last year, E.ON Romania paid 1.8 billion lei (about 371 million euro) to the state and local budgets, 80% more…
Chimcomplex builds a 690 mln. lei cogeneration plant with EU funding
Chimcomplex announced that it has signed the financing contract for the 690 million lei project “High-efficiency, flexible gas cogeneration in…
The EC adopted detailed reporting rules for the CBAM transitional phase
The European Commission adopted the rules governing the implementation of the Carbon Border Adjustment Mechanism (CBAM) during its transitional phase,…
Burduja: We expect the urgent payment of the debt to Elcen, not passing responsibility
The Minister of Energy, Sebastian Burduja, says that he prefers a constructive and transparent dialogue with the general mayor of…
The Minister of the Environment: There is a risk that in the autumn of this year the Romanian state will already suffer a first conviction at the ECJ
The Romanian state could get a conviction at the European Court of Justice this fall for a failure to fulfill…
EC: Next week there are negotiations regarding amending PNRR, also on RePowerEU
The Minister of Investments and European Projects, Adrian Câciu, had a working meeting with the Minister of Labor, Simona Bucura…
Alstom and Verkehrsverbund Mittelsachsen present a new battery-powered electric train in Germany
Alstom, a global leader in smart and sustainable mobility, and Central Saxony’s transport authority, Verkehrsverbund Mittelsachsen (VMS), presented a new…
US to stop production of batteries made with illegal labor in China
Electric vehicle batteries and other auto parts are the latest products to come under scrutiny in the US as part…
PwC: Green energy production must increase eightfold to achieve climate neutrality by 2050
To achieve climate neutrality (zero net field-effect gas emissions) globally by 2050, renewable energy production would need to increase eightfold…
Transgaz: Consolidated net profit down 60% in H1
Transgaz posted a consolidated net profit down 60% in the first half of this year, to 70.8 million lei, from…
Ministry of Energy wants to expedite the EC Oltenia projects
Ministry of Energy announced that it will set up a working group for CE Oltenia, in order to identify solutions…
Romgaz posted a net profit of about 1.7 bln. lei, down 2.3%, in H1
The Romgaz Group posted a net profit of 1.69 billion lei, after the first half of this year, down 2.34%…
“Renewables” denounce ADS’ intention to grant land concessions, lack of access to the Modernization Fund
The main associations of renewable energy producers denounce the intention of the State Lands Agency (ADS) to propose an emergency…
renergy.md – the first news portal dedicated to the renewable energy sector in Moldova
The portal www.renergy.md was created with the aim of bringing to the forefront the latest and most up-to-date news, innovations…
Ciolacu: New REPowerEu plan to focus on programs dedicated directly to Romanians
The new “REPowerEu” plan, worth a total of 1.4 billion euro, which the Government will send to the European Commission…
Roland Busch: Investors’ reluctance towards China grows, amid tensions between Washington and Beijing
German engineering and technology group Siemens has seen a change in investment behavior towards China among some clients amid rising…
Sales of new EVs up 36% in the first seven months, in Romania
New car registrations increased in Romania, in the first seven months of 2023, by 22.2%, compared to the same period…
E.ON Romania supports the Zi de Bine Association in setting up a school dental clinic in Cluj
The Zi de Bine Association sets up a school dental clinic for 1,800 children who need dental care and organizes…
Isărescu: The slowdown in energy prices, among the main factors that calmed inflation
The Governor of the National Bank of Romania (BNR), Mugur Isărescu, stated that it is very difficult to do what…
Burduja: 12 companies interested in the feasibility study for Tarnița-Lăpuşteşti
The Minister of Energy, Sebastian Burduja, announced that 12 companies from the country and abroad responded to the call of…
NBR kept key interest rate at 7% as inflation slows down
The Board of Directors of the National Bank of Romania decided, in Monday’s meeting, to maintain the monetary policy interest…
MOL Group achieved an EBITDA result of USD 1,125 million in H1
Today MOL Group announced its financial results for Q2 and H1 2023. In the first six months MOL Group delivered…