Russian oil supply to Europe via Ukraine, interrupted
Ukraine has suspended deliveries of Russian oil to three European countries, starting on August 4, when, due to Western sanctions,…
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Projects for the production of hydrogen from renewable sources can be submitted by August 16
Projects for the production of hydrogen from renewable sources can be submitted by August 16, and the maximum amount of…
C-Bank Governor expects an economic growth of 2-3% this year
Romania could register this year an economic growth of 2-3%, possibly even higher, said on Tuesday the Governor of the…
Erdogan launches new gas exploration campaign in Eastern Mediterranean
Turkish President Recep Tayyip Erdogan launched a new gas exploration campaign in the Eastern Mediterranean on Tuesday, stating that it…
GreenGroup acquires UAB Ecso of Lithuania, plans to inject 150-200 mln. euro in the region
Private equity fund Abris Capital and Green Group have completed a major new transaction by acquiring UAB Ecso, a Lithuanian…
Adjustment of the Capital’s budget directs another 80 million lei to heating
A new budgetary revision was approved today by the General Council of Bucharest, the Capital’s mayor, Nicușor Dan, wrote on…
USR: Instead of the compensation scheme, solar panels could have been subsidized
USR representatives believe that the money paid for nine months of capping energy prices could have installed solar panels “in…
PV panels for the future of mountain grazing – a project of the Intelligent Energy Association
Photovoltaic panels are already a well-known reality in the mountainous part of Vâlcea County. From Vaideeni up to Vârful lui…
Romanian PM welcomes EC approval of hydrogen aid scheme
Prime Minister Nicolae Ciucă welcomed, on Monday, the decision of the European Commission regarding the approval of a state aid…
Gorghiu: The reshuffle was not discussed within the PNL; Virgil Popescu took on a very difficult mission
The acting president of the Senate, Alina Gorghiu, said on Monday that within the PNL there was no discussion about…
Brazi plant has produced over 32 TWh of electricity in the last decade
OMV Petrom’s Brazi power plant, the largest greenfield private investment in the Romanian energy sector – of 530 million euro,…
Latvia will invest 1 bln. euro to build wind turbine parks
Latvia plans to invest around 1 billion euro to build wind turbine parks in order to increase its capacity to…
Germany’s energy U-turn: Coal instead of gas
Starting this week, German hard coal-fired power stations are restarting operations, which were being phased out because of the hugely…
BNR raises interest to 5.5%, inflation will cap in Q3, following a gradual downward trend
Board of the National Bank of Romania decided to increase the monetary policy rate to 5.50 percent per annum, from…
Switzerland: Hydroelectric plant capable of charging 400,000 car batteries
Switzerland added a welcome new element to its energy system, in the form of an underground hydroelectric plant capable of…
ANPC: The investigation on fuel prices will start in the next period
An action to evaluate the way in which fuel prices have evolved in Romania will be started in the next…
CE: Sanctions will not prevent the Siemens turbine from being sent to Moscow
The European Commission (EC) offered assurances on Friday that Western sanctions against Russia will not prevent the Siemens Energy turbine…
MOL Group: Operating profit of USD 2.18 bln. in H1
The MOL Group achieved, in the first half of this year, an EBITDA operating profit of 2.179 billion dollars, while…
Transgaz: Net profit higher by 109% (934 mln. lei), compared to the level assumed in the 2017-2021 Management Plan
Transgaz recorded, in the period 2017-2021, a 111% higher gross profit (1,133 million lei) and a 109% higher net profit…
Signify launched the most energy-efficient LED tube
Signify, a global leader in lighting has announced the expansion of its Ultra Efficient product range with its most energy-efficient…
Delgaz Grid invests 28 mln. lei in Târgu Mureș gas network
Delgaz Grid continues, during this period, in Târgu Mureș, one of the most important investment works for the modernization of…
Companies have more than 2.5 bln. euro available for investments in development or green energy
Companies have more than 2.5 billion euros at their disposal in the coming months for investments in development, re-technology, digitalization…
Timișoara receives most of the money from the budget for district heating
The total value of the funds allocated by the Ministry of Development in the previous season to ensure the heating…