Croatia invests 180 mln. euro to increase gas capacities
Croatia will invest 180 million euros ($182.32 million) to build a new gas pipeline and significantly increase the capacity of…
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Câciu: The Ministry of Energy currently has 131 mln. lei for settlements, not billions
At the moment, the Ministry of Energy has 131 million lei in its account for the compensation of the energy…
Germany reduces VAT on gas from 19% to 7%
Germany will temporarily reduce the VAT on natural gas, from 19% to 7%, to try to ease the burden on…
J. Popov: Accept we are at war, engage the people and allow for “chaotic” installation of renewables
Europe is at war, insists Julian Popov, a Fellow of The European Climate Foundation, and Chairman of the Buildings Performance…
Electrica reported losses of 175.5 million lei in H1
Electrica reported losses of 175.5 million lei in the first half of 2022, compared to a net profit of 76.1…
Russia threatens Europe with the “radioactive cloud” from the Zaporozhye plant
Russia’s Defense Ministry on Thursday published a map of countries that could be affected by radiation if 25 percent of…
Gov’t increased the budget of the aid scheme with the objective of stimulating investments with a major impact
Romanian Government increased the total budget of the state aid scheme with the objective of stimulating investments with a major…
AFM approved new files in the programs dedicated to prosumers and green cars
A number of 763 files were approved under the “Casa Verde Photovoltaic” prosumers’ Program, while 120 requests received favorable approval…
Năstase, Alro: It will be a terrible winter, if the Gov’t does not take measures: huge prices, closed factories and people in the dark
Next winter will be a terrible one and we will see huge energy prices, factories closing and people staying in…
Chimcomplex: 2022 – a huge challenge, we remain under price pressure
Chimcomplex reported a net profit of 165 million lei (33.5 million euro), with a turnover of 1,222 billion lei (247…
AEI: Electricity and gas prices will reach record values this winter
The prices of gas and, implicitly, of electricity will reach unprecedented values this winter and many industrial consumers will go…
Bulgaria: Electricity production increased by 16% in the first six and a half months
Electricity production in Bulgaria was of 32,632,605 megawatt-hours between January 1 and August 14, while in the same period of…
Transgaz posted a consolidated net profit up 33%
The National Natural Gas Transport Company Transgaz posted a consolidated net profit increasing by 33% after the first half of…
INS: Coal production increased by 1% in S1, imports – by 22.2%
Romania’s net coal production totaled, in the first six months of 2022, 1.459 million tons of oil equivalent, being 1%…
Eurostat: The Netherlands and Romania, highest EU economic growth in Q2
The Gross Domestic Product of the European Union and the Eurozone registered an increase of 0.6% in the second quarter…
Ministry of Energy extends the deadline for submitting projects for green hydrogen
The Ministry of Energy has extended the deadline for submitting projects for green hydrogen until the end of the current…
ACUE: Budget revision – below 25% of what is needed to finance the capping, the market at risk
The budget revision allocates insufficient funds to relevant ministries, which represent 25% of what is needed to finance the energy…
Radu Burnete, Concordia: It is baffling why the Gov’t does not allocate the necessary sums for capping
It is baffling why, in the context of higher-than-expected collection at the state budget, the Government does not allocate the…
Rompetrol Rafinare reports a profit of 58 mln. lei in H1
Rompetrol Rafinare, a member company of the KMG International Group, recorded, in the first half of this year (H1), increasing…
E. ON: 44 localities reduced their bills for public lighting by up to 60%, with the of E.ON
E.ON Energie Romania has completed, in the last four years, the installation of public lighting systems with high energy performance,…
Gas imports fell by 17.1% in the first 6 months of 2022; production decreased by 5.5%
Romania imported, in the first semester of 2022, a quantity of usable natural gas of 1.067 million tons of oil…
Gazprom warns that European gas prices could rise by 60% this winter
Gazprom announced on Tuesday that European gas prices could rise by 60% this winter, to more than $4,000 per 1,000…
SNN and Romgaz profit up, Transelectrica – in decline; roll in the management of Romgaz
The profits of SNN Nuclearelectrica and Romgaz recorded major increases in the first half of this year (H1), by 217%…