Natural gas and nuclear industries want to get the green label from the EU
Natural gas and nuclear industries have stepped up their lobbying efforts to change European rules that define what kind of…
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TMK Hydroenergy Power completes a new pumping station with an investment of 3 million lei
TMK Hydroenergy Power, part of the CEZ Group in Romania, recently completed one of the most important investment works, with…
RWEA: Offshore wind energy needs an ambitious and pragmatic development framework
Wind energy, both onshore and offshore, is one of the foundations on which Europe and its Member States will implement…
Rompetrol Rafinare, new type of product for the production of protective medical masks
Rompetrol Rafinare through its petrochemical division – the only polymer producer in Romania has successfully developed a new product in…
Accenture: 92% of CEOs will accelerate investment in digital transformation and technologies such as Cloud or Artificial Intelligence
As the impact of COVID-19 is felt more and more, companies are focusing on recovery, but only those that accelerate…
New emission test leads to higher average motor vehicle tax in Germany
The implementation of new emissions tests for cars has led to a large increase in average vehicle tax for newly…
Energy industry calls for fixing ambitious expansion path in reform of Germany’s renewables act
German energy industry association BDEW says a steady expansion of renewable power capacity is necessary for the country to reach…
Germany launches its first green bond issuance
Germany announced on Monday (24 August) details of its first “green” bond placing, tapping financial markets to fund environmental projects…
Hidroelectrica will purchase medical testing services for the company’s employees
Hidroelectrica wants to conclude a framework agreement for RT-PCR testing medical services of the company’s employees, in order to diagnose…
Transgaz shareholders will approve the EBRD-Vestmoldtransgaz transaction
Transgaz (TGN) shareholders were summoned on October 5 to approve the EBRD’s entry into the Vestmoldtransgaz shareholding, according to a…
Orban: Any discussion about the level of royalties must be rational
Prime Minister Ludovic Orban said the government could not set royalties without taking into account the meaning of the world…
Daniel Apostol (FPPG): Turkey can become Romania’s partner in Black Sea gas projects
Turkey could become Romania’s partner in Black Sea gas exploitation projects, with the huge discovery of gas from Turkish waters,…
Nicolescu: Romanians could take advantage of gas discoveries in Turkey
Romanians could benefit from gas discoveries in Turkey, which will increase competition in the region and determine the construction of…
4 bln. euro for Romania under the SURE Instrument
European Commission has presented to the Council proposals for decisions on granting financial support, amounting to 81.4 billion euros, under…
Private equity funds in Central Europe are at their lowest level
Central European private equity funds have reached the lowest level of confidence since the global financial crisis in the context…
Transgaz has completed works at Bibeşti natural gas compression station
Transgaz has completed the works at the third and last natural gas compression station within the BRUA project – Phase…
Bulgartransgaz buys 20% of Gastrade, gets involved in the Alexandroupolis LNG Terminal
The Greek company Gastrade SA announces the signing of the agreement for the acquisition of 20% of its share capital…
Enel X teams up with Hubject to streamline payment solutions for the e-mobility industry
Enel X, through Enel X Financial Services, its subsidiary specialized in payment solutions, has been selected by Hubject to enable…
CE Oltenia will send for approval to Brussels a restructuring plan worth 7 bln. Lei
Oltenia Energy Complex (CEO) and the Ministry of Economy will send for approval to the European Commission, through the Competition…
Delgaz Grid: Investments of 5 mln. lei in gas leak detection equipment
Delgaz Grid continues to invest in modern gas leak detection technology, recently being completed the acquisition process for 8 auto…
Electrica shareholders approved the merger of the three distribution companies
The Extraordinary General Meeting of Shareholders (EGMS) of Electrica approved, with 100% of the votes of the present shareholders, the…
E-Distribuție invests 100 mln. euro in 2020 in modernizing networks in Romania
ENEL’s E-Distribuţie subsidiaries in Romania will invest 483 million lei (approximately 100 million euros), during the current year, in the…
Erdogan says Turkey has discovered 320 billion cubic meters of natural gas in the Black Sea
Turkish President Recep Tayyip Erdogan announced on Friday that the country has discovered the largest natural gas deposits in its…