Christopher Veit, new member of the Management Board of OMV Petrom
The Supervisory Board of OMV Petrom has appointed Christopher Veit as a member of the Management Board of OMV Petrom…
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Virgil Popescu: The price of natural gas this winter will be lower than in 2019
Natural gas has become cheaper in Romania, said Virgil Popescu, Minister of Economy, Energy and Business Environment, offering assurances that…
Schneider Electric completed the low voltage power installations of the Emag logistics warehouse
Schneider Electric Romania has built the entire electricity management system of the largest logistics warehouse in South-Eastern Europe, located at…
Enel X Romania installs new electric vehicle charging stations in Timișoara
Enel X Romania, part of Enel X, the advanced energy services division of Enel Group, has put into operation two…
Austrian officials: Poisoning of Russian opposition politician Aleksei Navalny does not jeopardize the future of Nord Stream 2 gas pipeline
The poisoning of Russian opposition politician Aleksei Navalny does not jeopardize the future of the Nord Stream 2 gas pipeline,…
Energy Efficient House program offers subsidies of 60% and a maximum of 15,000 euro
About 9,000 Romanians can benefit from 15,000 euro each for energy efficiency in homes, through the Energy Efficient House financing…
IEA expects a slowdown in oil demand in 2020
International Energy Agency (IEA) has worsened its oil demand estimates for 2020 amid reduced air travel, continued long-distance work and…
Renewable energy – high expectations and on-going projects
Romania could install more than 5,000 MW in new renewable capacity in the coming years, said Sebastian Enache, Business Development…
Romgaz and GSP Power announce a new gas plant in Halânga
Romgaz announced the project to build a new gas plant inside the old thermal power plant in Halânga, Mehedinți. The…
MEPs to vote for more ambitious emission reductions target by 2030
Environment Committee MEPs voted on Friday to make climate neutrality obligatory by 2050 in both EU and member states and…
Ukrainian operator GTSO wants to sign new interconnection agreements with Transgaz
The operator of the Ukrainian gas transmission system, GTSO, intends, for the second half of this year, to sign interconnection…
Brașov will be the first big city in Romania to have 100% electric public transport
The Minister of Environment, Waters and Forests, Costel Alexe, announced that Brașov will be the first big city in Romania…
Czech company Photomate enters the Romanian market with Huawei FusionSolar inverters
Photomate is a Huawei solar inverters authorized distribution partner since 2011 and is well-experienced in Huawei inverter products in technical…
Vadim Ceban, Moldovagaz: There are requests from some Romanian suppliers, but Gazprom gas is cheaper
Moldovagaz is already receiving requests for cooperation from Romanian natural gas suppliers, but it is currently more convenient for gas…
Nuclearelectrica: Investment of 190 mln. euro in a detritification plant
Nuclearelectrica (SNN) and the EBRD are waiting for bids for a detritification plant until October 21, according to an announcement…
Orban: We will find the best solution to make the investment from the Black Sea
Prime Minister Ludovic Orban told Austrian investors that they could rely on a partnership with the Romanian government to develop…
Goldring estimates a target price for Nuclearelectrica share of over 19 lei for the next 12 months
Goldring analysts estimate a target price for Nuclearelectrica (SNN) shares, for the next 12 months, of 19.19 lei/share. The estimated…
Poland invests tens of billions of dollars in renewable and nuclear energy
Poland wants to speed up coal exit and plans to spend billions of dollars to invest in renewable and nuclear…
Annual inflation rate fell to 2.7% in August
The annual inflation rate fell to 2.7% in August this year, from 2.8% in July, given that food prices rose…
INS: Net investments in the Romanian economy increased by 1.5% in H1
Net investments made in the national economy amounted to 41.596 billion lei in the first half of 2020 (H1), up…
Virgil Popescu: The state aid scheme to support industrial energy consumers is functional
Companies active in Romania in sectors facing significant electricity costs and which are particularly exposed to international competition have begun…
Coroiu, EnergoBit: Large-scale electrification is needed to reach the 60% emission reduction target by 2050
Large-scale electrification can help meet the target of reducing greenhouse gas emissions by 60% by 2050 in the European Union,…
CE Oltenia obtained the environmental agreement for the continuation of the exploitation at Cariera Roşia
Oltenia Energy Complex (CEO) obtained the environmental agreement for the continuation of the works in the extended license perimeter of…