Alexe: We have only one path that we will have to follow, that of the green economy
Romania has only one path that it should follow and that is of the green economy, said the Minister of…
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Investments in the metallurgical sector exceeded 278 million lei in 2019
The total investment expenditures in the metallurgical sector last year amounted to 278.4 million lei, increasing, in nominal terms, by…
The bill banning the sale of state-owned shares could affect the development of the capital market
The draft law banning the sale of state stakes in national companies and corporations could affect the development of the…
Eight innovative projects in Romania, qualified in the next phase of the European Danube Energy+ program
Eight Romanian projects have qualified for the next stage of the Danube Energy+ program, which addresses young people under 35…
The Q1 growth of 2.4% of the Romanian economy, based on consumption
The annual growth of the economy in the first quarter of this year (Q1), of 2.4% per gross series and…
Agreement between Alstom and Snam for the development of hydrogen trains in Italy
Alstom, a global leader in integrated solutions for sustainable mobility, and Snam, one of the world’s leading energy infrastructure companies,…
German hydrogen strategy aims for global leadership in energy transition
Germany’s government has agreed on a national hydrogen strategy with a controversial focus on hydrogen made with renewable energies to…
HPE Romania’s priorities for the new digital world
Radu Opriș, Managing Director HPE Romania Today, we are experiencing the next great inflection point in technology’s history – one…
Price reduction would follow the development of the Romanian Regional Gas Hub
This analysis is based on the PhD thesis “The Romanian Regional Gas Hub. Geographic, Economic and Geopolitical Aspects” Filip Negreanu-Arboreanu…
ROPEPCA warns with regards to a new blow against investments in the onshore Upstream
The Parliament adopted last week a draft law on the sales of agricultural lands in Romania (PL-x 336/2018). The adopted…
Alexe: All applications have been analyzed, AFM will publish the list of beneficiaries of the Green House Photovoltaic program
All 26,000 applications submitted under the ” Photovoltaic Green House” program were analyzed, said on Friday, the Minister of Environment,…
J.P. Morgan believes Brent crude could hit $190/barrel by 2025
J.P. Morgan thinks crude oil could hit $190/barrel by 2025, notes Cattle Drive Capital in an article published by seekingalpha.com.…
Polish competition watchdog sues Gazprom
Poland’s competition regulator UOKiK said on Wednesday it has started proceedings against Gazprom and could fine the Russian company some…
Oil, gas, coal could lose two-thirds of value by 2070
Business in oil, gas and coal is becoming increasingly unprofitable as global fossil reserves could lose around two-thirds of their…
Romanian state would lose 5 billion lei from excise duties in 2020 as a result of the reduction of fuel consumption by 20%
Domestic fuel demand will be reduced in 2020 by about 20%, estimates the main employer organization of oil and gas…
Virgil Popescu: Energy companies will make investments of about 12 bln. euro in five years, in line with the Green Deal
Minister of Economy Virgil Popescu issued an order asking all companies to approve by June 15 new 5-year investment plans,…
Miners could organize new protests in Bucharest
Miners are threatening to protest in Bucharest after Prime Minister Ludovic Orban said all coal groups would be closed. Manu…
Isărescu: The EU recovery package will have an important contribution in supporting our relaunch efforts
The future economic situation will depend mainly on developments in public health and their succession, and the EU recovery package…
Greenpeace: AFM postpones funding program for prosumers again
The Administration of the Environment Fund (AFM) did not publish until the end of May, as promised, the final lists…
Renewable energy sector is expected to bounce back quickly
Despite the global slowdown caused by COVID-19, the renewable energy sector is expected to bounce back quickly as the long-term…
Renewables surpass coal in US energy generation for first time in 130 years
Solar, wind and other renewable sources have toppled coal in energy generation in the United States for the first time…
Vestas secures 226 MW order for five wind energy projects in Russia
Vestas has received a 226 MW order for five wind energy projects in Russia from WEDF (Wind Energy Development Fund),…
IEA report: Quarantined countries, 25% drop in energy demand
Bogdan Tudorache Countries in full quarantine face an average 25% decrease in energy demand compared to previous levels, and countries…