Romgaz reacts to the vote in the Senate: Liberalization will not raise prices after July 1
Largest producer and main supplier of natural gas in Romania, Romgaz states that “it did not identify any real reason…
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Europe installs a record 3.6 GW of offshore wind in 2019
Bogdan Tudorache Europe installed 3.6 GW of new offshore wind capacity in 2019, according to statistics released today by WindEurope.…
EU: Primary and final energy consumption still 5% and 3% above their 2020 targets
Bogdan Tudorache In 2018, energy consumption in the European Union of 27 Member States (EU) remained stable. Primary energy consumption…
Hidroelectrica modernizes Dăești central with 25 mln. lei, Hidroserv gets closer to exit insolvency
Bogdan Tudorache Hidroelectrica signed this week the contract for the modernization of hydro-aggregate 2 (HA2) of the Dăești Hydroelectric Power…
Electrician students from Dolj visited the first greenfield station in the Distribuție Oltenia area
The 12 students enrolled in the Apprentice Electrician project and the three young graduates who completed the paid internship of…
Iohannis, in Brussels: Transition fund towards a greener economy shoud be separated by the cohesion fund
President Klaus Iohannis said on Friday that he is determined to negotiate ”down to the last notch” for Romania to…
V. Popescu will lobby on Monday in Brussels the need for state aid for EC Oltenia
The Minister of Economy and Energy, Virgil Popescu, announced on Thursday evening that he will go to Brussels, at the…
Dacia launches its own electric model, priced at 15,000 euro
Renault’s management decided to sell in Europe the adapted version of the Renault K-ZE, under the Dacia brand, to meet…
French energy group Engie ousts CEO Isabelle Kocher
French energy group Engie said on Thursday its board decided on Thursday not to renew the mandate of chief executive…
Transgaz: The national gas transport system, in pre-alert state
The national gas transmission system (SNT) was in the pre-alert state on Friday morning, according to the indicator showing the…
Electrica Muntenia Nord purchased energy from Nuclearelectrica worth 11.8 mln. lei
Energy distribution company Electrica Muntenia Nord purchased electricity from Nuclearelectrica (SNN) worth 11.8 million lei, excluding VAT, according to a…
Industry reports and study cases on the new KELLER AG website
From February 2020, the KELLER website has got a shiny new look: fresh, user-friendly and fully accessible on the go…
Transgaz loses 435 mln. lei in operating revenues in 2020, profit decreases by 65%
Bogdan Tudorache Transgaz proposes to shareholders to approve, at the general meeting (GSM) of March 4, a budget of revenues…
OMV Petrom: net profit down by 11% in 2019, although sales increased by 13%; increased dividends
Bogdan Tudorache OMV Petrom’s revenues registered last year advanced by 13%, to about 25.5 billion lei, but the company announced…
Conpet has budgeted for 2020 revenues of 460 million lei and a profit of 55.4 million lei
Conpet Ploieşti, a national oil carrier owned by 58.7% of the Romanian state, has budgeted a net profit of 55.4…
OMV Petrom will pay 27 mln. euro to the parent company for participation in the Han Asparuh perimeter in Bulgaria
OMV Petrom will pay OMV Exploration & Production about 27 million euro for the acquisition of the shares held by…
APIA: A third of the cars registered in 2019 were Euro 6, electric and hybrid
Over one third (35%) of the total number of new and used cars entered in the national car park in…
In respect to the Neptun Deep project, OMV Petrom moves from “when” to „if” – changes to offshore law are urgent
The extraction of natural gas from the Neptun Deep perimeter of the Black Sea has become uncertain, as the offshore…
Seele: OMV does not expect Nord Stream 2 construction to resume soon
Austria’s OMV does not expect construction of Nord Stream 2 gas pipeline to resume soon, the oil and gas company’s…
EU power plant emissions in 2019 see record decline
In 2019, the EU electricity sector emitted 12 per cent less CO2 than in the previous year. At the same…
The national gas and electricity transmission system operate under normal parameters
The national gas and electricity transmission system is operating under normal parameters, and Romania is not facing any particular problems…
Romgaz asks the government to approve his participation in the Neptun Deep auction
Bogdan Tudorache Romgaz convened for March 11 the extraordinary meeting of the shareholders asking for “approval of the acquisition of…