PwC România: BSE lost 34% since the beginning of the year, yields still over T-bonds
Bogdan Tudorache Bucharest Stock Exchange (BSE) lost from the start of the year, since the first news about Coronavirus, 34%…
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384 million lei for green lighting in Romanian cities and communes
The Ministry of Environment, Waters and Forests will launch this year, through the Administration of the Environmental Fund (AFM), a…
The FPPG has 7 proposals for the recovery of the O&G sector
Economic recovery can be achieved through large-scale projects, writes the Federation of Petroleum and Gas Employers (FPPG), in a press…
Havrileț: I do not see the danger of price increases for gas and energy; gas market liberalization will take place on July 1
Bogdan Tudorache There is no danger of rising gas and electricity prices, told energynomics.ro Niculae Havrileț, State Secretary for Energy…
Postponement of bills payment: The cash flow required for energy utilities companies would be of 600 mln. euro monthly
Bogdan Tudorache Utility companies would need a cash flow of about 600 million euro a month – or 1.8 billion…
EDPR will contribute 750,000 euro to the fight against COVID-19
EDP Renováveis, a global leader in the renewable energy sector and one of the world’s top wind energy producers, present…
Nuclearelectrica postpones planned stop of Unit 1 of Cernavoda Nuclear Power Plant
The Board of Directors of the National Nuclear Electricity Company (SNN) decided, on Monday, to postpone the planned stop of…
OMV does not exclude the possibility of resorting to lay-offs due to the coronavirus crisis
Austrian OMV Group plans to expand its current four billion euro cost reduction program, said CEO Rainer Seele, who added…
ANRE Order: Transgaz would control the connection works to the gas transmission system
A draft order of the National Energy Regulatory Authority (ANRE), about the connections to the gas transportation system, a deal…
Intelligent Energy Association: The price of natural gas could reach 2008 levels
Bogdan Tudorache In 2008, ANRM issued Order no. 21/2008 regarding the approval of the reference price for natural gas extracted…
OPCOM: OPEEDs and TSOs ensure the coupling of the day ahead and intraday markets
Bogdan Tudorache The zero priority for Designated Electricity Operators (OPEED) and System Operators (OTS) is to protect the health of…
MOL Group ensures continuous supply security with optimized operational and financial measures
MOL Group implements measures not only to mitigate the impact of the current situation on the Group, but also to…
Gas prices have remained below the regulated level, but it is hard to believe that market liberalization will actually take place from 1 July
Bogdan Tudorache Prices on the natural gas market have not yet changed, following the announcement of the Executive to impose…
IHA extends the deadline for the $1m assessment fund for sustainable hydropower projects
Bogdan Tudorache International Hydropower Association (IHA) extended to June, 1st the deadline for filing new projects for the ESG sustainability…
G20 energy ministers to hold video conference on Friday
Energy ministers from the Group of 20 major economies will convene an extraordinary meeting by video conference on Friday “to…
Businesspersons propose the Government to borrow from IMF for a public intervention of 30 billion euro in the economy
Hundreds of businesspersons in various fields such as IT, health, construction and investment funds propose the Government and the other…
Call for saving the economy from the private environment: An intervention of 15% of GDP is demanded
The largest business organizations in Romania sent an open letter to the President, Parliament and Government, which requires, among other…
The market for new cars decreased by 32% in March
The coronavirus crisis is also seen in the figures for new car registrations, the market falling by 32% in March…
Compulsory gas stocks for next winter fall by 13%
ANRE recently published the order regarding the obligatory quantities of gas to be stored for consumption in the future cold…
Romania’s GDP increased by 4.1% in 2019, compared to the previous year (INS)
The gross domestic product (GDP) of Romania increased by 4.1% in 2019, up to the value of 1,059 billion lei…
PNL challenged at the CCR the laws regarding the postponement of the utilities payment
The leader of the PNL deputies, Florin Roman, announced, on his Facebook page, that PNL has challenged to the Constitutional…
Rompetrol Bulgaria supports the efforts made by authorities in the fight against COVID-19
KMG International, through its subsidiary Rompetrol Bulgaria, made a donation of 10,000 liters of fuel to all Bulgarian authorities involved…
Have your say for the new LIFE programme – consultation launched!
The European Commission has launched an online consultation to seek input on the future content and implementation of the LIFE…