FOREN 2022 – The energy transition needs regional cooperation
The main economic and political decision-makers in Romania and in the Central and Eastern European region have announced their participation…
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Termoenergetica rents modular power plants from Energofor, a contract of 13 mln. lei
The Bucharest Municipal Thermal Energy Company (CMTEB) has signed with Energofor the contract for the lease of five modular heat…
KMG: Sanctions against Russia do not affect crude oil from Kazakhstan
European Union approved on June 3, 2022, the sixth package of sanctions, which provides for a phased release of crude…
EBC: EU nations spent an estimated 60 bln. euro on Russian fuels
EU nations have spent an estimated 60 billion euros on Russian coal, oil, and fossil gas since the country launched…
Gross energy consumption in the metallurgical industry increased by 12.4% last year
Gross energy consumption in the Romanian metallurgical industry last year was of 62,534.2 TJ, up 12.4% from 2020, according to…
ANRE: Some energy suppliers have artificially increased their prices in order to receive more money from the state
Some energy suppliers have artificially raised their prices in order to demand more money from the state budget through the…
OMV will review decisions made by former CEO Rainer Seele
OMV’s Board of Supervisors will not approve the 2021 actions of former CEO Rainer Seele and will launch a thorough…
CEZ and Ion Minulescu College inaugurate the Linden Court and organize the first theater event dedicated to students
Approximately 1,900 students from the “Ion Minulescu” National College in Slatina benefit from a new space for exploration and experimentation…
E.ON: Energy lessons taught by volunteers for 1,400 students in eight counties
Almost 1,400 students and 85 teachers from 20 schools in Iași, Mureș, Neamț, Sălaj, Cluj, Arad, Suceava and Alba counties…
World Environment Day celebrated by Rompetrol employees through a beach cleaning action
Rompetrol employees from Navodari and Bucharest celebrated the 50th official anniversary of the environment through a voluntary action of selective…
EU overshoots 2020 climate target, records 34% drop in emissions
The European Union slashed greenhouse gas emissions 34% below 1990 levels by 2020, overshooting the bloc’s target of 20%, according…
Favourable weather and savings lower Germany’s energy consumption by 2% in Q1
Warm weather and energy saving measures in the context of rising prices exacerbated by Russia’s war on Ukraine have reduced…
Oil barrel exceeds $120 following Saudi Arabia’s decision to raise prices
Oil prices rose on Monday, with the price of a barrel of Brent crude oil exceeding $120 after Saudi Arabia…
INVL Renewable Energy Fund I to invest 120 mln. euro in solar plants in Romania
INVL Renewable Energy Fund I, run by Lithuania’s INVL Asset Management, said on Monday it plans to invest some 120…
ANRE expects the number of prosumers to double in 2022
Based on the data and projections analysed, ANRE estimates an increase in the number of prosumers at the end of…
AHK: Romania, present at the Hannover Messe with 30 companies, also from energy
The Ministry of Entrepreneurship and Tourism, through the Export Promotion Program, financially supported, between May 30 and June 2, 2022,…
Jude: Romgaz’s strategic goal is to keep annual production decline below 2.5%
Romgaz has completed an important investment objective in the Snagov priority onshore project, which consists of the development of an…
Romania fast-forwards coal exit to 2030
The Romanian government has published an emergency law for the phase out of coal by 2030. It is expected to…
ROBOR index doubles compared to the beginning of the year
The 3-month ROBOR index, based on which the cost of consumer loans in lei with variable interest rate is calculated,…
Romgaz introduced new wells in production following an investment of 31 mln. lei
Romgaz launched the Coşereni drying plant into operation, with three new wells being opened for production, and by the first…
Azeri gas exports to Europe will reach 10 bln. cm in 2022
Azerbaijan’s gas exports to Europe will exceed 10 billion cubic meters this year, Azerbaijani Energy Minister Parviz Shahbazov announced on…
Virgil Popescu: Romania will focus on the production of renewable energy, nuclear and gas
Romania will focus on building new capacities for energy-based production using natural gas, nuclear energy and renewable resources, Energy Minister…
Romania sent EC a request for payment worth 2.6 bln. euro under MRR
On Thursday, the European Commission received from Romania the first request under the Recovery and Resilience Mechanism (MRR) for the…