Local M&A market reaches 6.6 bln. USD, PPC-Evryo and Nala-OX2 among top deals
Romanian mergers and acquisitions (M&A) market recorded robust activity in 2024, recording 265 deals with an estimated value of USD…
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Delgaz Grid completes new 23 mln. lei investment in Onești
The distribution company Delgaz Grid has completed the construction and put into operation, at the end of December 2024, a…
Electromontaj signs 10-year strategic partnership with Dutch TSO cu Tennet
Electromontaj announces the signing of a 10-year partnership with Tennet BV, the electricity transmission operator in the Netherlands. The collaboration,…
Romania distances itself from Green Deal, Energy Ministry to present “negative effects” in new report
“I will present to the Government a detailed report on the negative effects of “Green Deal” policies on the Romanian…
Romania’s crude oil production down 4%, imports surge 11% in the first 11 months
Romania produced, in the first 11 months of 2024, a quantity of crude oil of almost 2.456 million tons of…
Hanga: Stock exchange market capitalization up 18%, number of trades hit new record in 2024
The Bucharest Stock Exchange (BVB) recorded the highest number of transactions in 2024, namely 2.6 million, up 32% compared to…
Environment Guard imposed fines of almost 130 mlb. lei in 2024
Last year, environmental commissioners carried out 47,566 inspections in the fields of pollution control and biodiversity, biosecurity and protected natural…
Stopping gas transit through Ukraine. Effects and prospects (analysis by Mihai Melintei)
Mihai Melintei, Energy Analytical Studies Russia’s military aggression in Ukraine has shown that energy is a fundamental part of the…
Tiraspol accepts gas delivered via Moldovagaz
The separatist leader in Tiraspol, Vadim Krasnoselski, has announced that he agrees to gas being delivered to Transnistria via Moldovagaz,…
Vernești Technological High School has become a teaching material for energy efficiency in school buildings
At the Technological High School in Vernești, Buzău County, education is getting a new dimension through the energy modernization of…
OPCOM: Energy price increased by 75% in December year-on-year
The electricity price on the OPCOM stock exchange spot market (Day-Ahead Market – PZU) had an average of 701.88 lei…
Transelectrica plans investments of over 9.4 bln. lei for the next decade
The National Electricity Transmission Company Transelectrica will implement a development plan for the Electric Transmission Network for the period 2024-2033,…
REI Grup – More than 2 bln. euro in non-reimbursable funds in Q1 for investments
The beginning of 2025 comes with allocations of over 2 billion euros in the form of non-reimbursable funds for investments…
Burduja: We will not leave Europe’s energy security in the hands of those who used energy as a weapon of blackmail
Europe must be fair in terms of energy prices, and for this, each of the member states must fulfill its…
Russian fuel exports fall in 2024 as drone attacks, bans add to sanctions pressure
Russian seaborne oil product exports fell by almost 10% in 2024 after Ukrainian drone attacks damaged major refineries and as…
Wind power produced 27% of the mix, total production exceeded 7,200 MW on Saturday
Wind power exceeded 2,000 MW on Saturday, and total production rose to 7,200 MW, but imports continued, until covering consumption…
Ministry of Energy launches a 150 mln. euro call for energy storage projects
The Ministry of Energy will allocate another 150 million euros for electricity storage batteries, as shown in a call for…
Gas imports down almost 16% in the first 11 months of 2024
Romania imported, in the first 11 months of 2024, a quantity of usable natural gas of 1.612 million tons of…
EBRD invested 707 mln. euro in Romania last year, up 7% from 2023
EBRD investments in Romania increased to 707 million euros in 2024, up 7.44% from the 658 million euros injected into…
Transnistria to receive gas from the European spot market financed by Russia
Transnistria could purchase gas from the European spot market with Russian help between January and April, according to sources cited…
IEA: Nuclear energy to make a comeback globally
Nuclear energy is set to make a comeback globally, amid rising demand for electricity, according to a report published by…
Final electricity consumption up 1.8% in the first 11 months
Romania’s final electricity consumption in the first 11 months of 2024 was 46.029 billion kWh, 1.8% higher than the period…
Inflation rate rises, NBR maintains interest rate at 6.5%
Board of Directors of the National Bank of Romania decided yesterday to maintain the monetary policy interest rate at 6.50…