EU allocates 7.5 billion euro for mining areas and clean projects
With the European Green Pact (Green Deal), the European Commission will also allocate additional funds for the transition of carbon…
RWE can expect 2 bln. euro in lignite compensation
German utility RWE can expect around 2 billion euro ($2.22 billion) in compensation over government orders to turn off lignite…
IEA – Coal remains a major fuel, with 40% of generation
Bogdan Tudorache Coal remains a major fuel in global energy systems, accounting for almost 40% of electricity generation and more…
CE Hunedoara has enough coal to stock the winter
The coal stocks of the Hunedoara Energy Complex (CEH) amount to about 16,660 tonnes, of which 11,459 tonnes are located…
Climate activists up pressure on Siemens over Australian coal mine contract
Germany’s Fridays for Future student climate protest movement has increased the pressure on engineering conglomerate Siemens for its involvement in…
The government has launched a new program for the reconversion of miners in the Jiu Valley
The government launched on Wednesday a new program of projects regarding the reconversion of the Jiu Valley miners. About two…
The Minister of Economy has sent the Control Body to the Hunedoara Energy Complex
The Minister of Economy, Energy and Business Environment, Virgil Popescu, sent the Control Body to the Hunedoara Energy Complex and…
Uricani and Paroşeni mines enter “greening” program
The Uricani and Paroseni mines from the Jiu Valley are entering the greening program, after they were closed at the…
Boza: CE Oltenia will invest from its own sources 590 million lei in 2020
The Oltenia Energy Complex (CEO) has planned for this year investments of 590 million lei (about 123 million euro), from…
Pruna, USR: CE Oltenia and the Black Sea gas need urgent decisions
This year will mark the last chance for CE Oltenia to keep in the future a significant contribution to the…
Pruna, USR: Decision to subsidize EC Oltenia, a mistake
The Government’s decision granting state aid in the form of a 1.2 billion lei cash loan for the Oltenia Energy…
The government adopted the 1.2 bln. lei subsidy package for CE Oltenia
The Romanian Government approved on Monday, December 30, the Memorandum on the aid of the Oltenia Energy Complex (CEO) with…
Vast Resources starts drilling at Baita Plai mine in Romania
UK-based Vast Resources said on Monday that it has commenced the drilling programme at its Baita Plai polymetallic mine in…
Drop in coal use pushes Germany closer to 2020 climate target
Germany has seen a second year of significant reductions in greenhouse gas emissions in 2019, as coal use fell by…
Targeted action needed to curb unrelenting global demand for coal power
The world’s consumption of coal as a power source will grow further until at least 2040 if no targeted action…
Memorandum by which CE Oltenia requests a loan of 1.1 billion lei from the state, at the Minister of Finance
The memorandum by which CE Oltenia will receive part of the money necessary for the payment of the emission certificates,…
Germany will cancel EU ETS allowances in framework of coal exit – state sec
Excess emissions allowances resulting from Germany’s coal phase-out will be cancelled from the EU’s emissions trading system ETS if they…
Bogdan Chirițoiu: In energy we need new market mechanisms
With the gradual decrease of coal in the mix, Romania will have to find new energy sources. But giving up…
Coal power becoming ”uninsurable”, as firms refuse cover
The number of insurers withdrawing cover for coal projects more than doubled this year and for the first time US…
EU mining regions say “clean coal” can ease transition, NGOs reject claim
Europe’s mining regions call for EU support for “clean coal” technologies to ease their transition, but climate activists warned the…
Coal exit must include cancellation of ETS allowances – climate economist Edenhofer
There are growing doubts as to whether Germany’s planned coal exit will lower emissions, writes Niklas Záboji in the Frankfurter…
CE Oltenia will get new loans for the payment of carbon certificates
The director of the Oltenia Energy Complex, Sorin Boza, told the local press that the short-term solution for the company…
Eximbank has upgraded the rating the Oltenia Energy Complex
Eximbank revised the financial rating of CE Oltenia from C to B, following the analysis of the accounting reports from…