New PNIESC at the end of the month: Changes the target for renewables, speeding up the coal exiting process
The new government plans to change the target for renewables and accelerate the coal exiting process, told energynomics.ro Alin Tanase,…
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CE Oltenia plan comprises two new hydropower plants in Oltenia, Turceni and Ișalnița
The decarbonisation program of the Oltenia Energy Complex, subject to the attention of the Government and part of the memorandum…
PwC: All forecasts for Romania indicate a slowdown in economic growth
All the forecasts for Romania, including the most optimistic one, of 4.1%, belonging to the Government, indicate a slowdown of…
Minister of Energy: I recommend Exxon that the license transfer be made by Government decision
The transfer of the license that ExxonMobil holds for the Neptun Deep perimeter of the Black Sea should be made…
Sierra Quadrant: Reorganization, the buzzword in business in 2020
The year 2020 will be, for many of the Romanian companies, one in which the reorganization of the business will…
The Ikea-Vestas deal, among the biggest local M&As of the year 2019
Bogdan Tudorache The transaction by which Ingka Group (which owns IKEA stores) has taken over an 80% package in seven…
The Minister of Economy has sent the Control Body to the Hunedoara Energy Complex
The Minister of Economy, Energy and Business Environment, Virgil Popescu, sent the Control Body to the Hunedoara Energy Complex and…
ExxonMobil negotiates with Lukoil and PGNiG to sell the stake in the Neptun Deep perimeter
ExxonMobil officials are negotiating with the Russians from Lukoil and the Polish company PGNiG to sell the 50% stake in…
Oil prices top $70 a barrel amid fears over Suleimani retaliation
Oil prices climbed above $70 a barrel for the first time in four months on Monday amid fears that the…
Transport and heating tarnish Germany’s emission cuts in 2019
A sharp drop in coal use put a break on Germany’s CO2 emissions last year and pushed the country “surprisingly”…
Harald Kraft, AIK Energy: Markets will become more and more interconnected, and we are ready
2019 has been of maximum turbulence for the Romanian supply market, to which the private environment has adapted in various…
The “Oxygen” vignette attracts contraventions only from March
The City Hall of Bucharest (PMB) reminds drivers of old and polluting cars that from January 1 they have to…
Uricani and Paroşeni mines enter “greening” program
The Uricani and Paroseni mines from the Jiu Valley are entering the greening program, after they were closed at the…
Transelectrica has appointed a new provisional member in the Supervisory Board
The Supervisory Board of the National Electricity Transport Company Transelectrica announced that it decided in its Monday meeting to appoint…
Eurostat: About 10% of Romanians declare themselves vulnerable consumers
Bogdan Tudorache Almost 9.6% of the inhabitants of Romania who replied to a survey quoted by Eurostat stated that they…
Boza: CE Oltenia will invest from its own sources 590 million lei in 2020
The Oltenia Energy Complex (CEO) has planned for this year investments of 590 million lei (about 123 million euro), from…
Germany takes next nuclear plant offline according to schedule
One of Germany’s last remaining nuclear power plants, Philippsburg 2, has been successfully taken off the grid on New Year’s…
Natural gas price drops in Bulgaria by 5%
The price of Russian natural gas for Bulgarian consumers will go down about 5% due to a change in the…
Rising demand will lead Germany towards renewable power gap
Germany’s expansion of renewable energy will be unable to keep up with future demand, leading the country to miss its…
Pruna, USR: CE Oltenia and the Black Sea gas need urgent decisions
This year will mark the last chance for CE Oltenia to keep in the future a significant contribution to the…
7 wells drilled by NIS Petrol in 8 years of activity in Romania (interview Vanja Aleksic)
In recent months, more signals have been heard that NIS Petrol, one of the most active companies in the hydrocarbons…
Ukraine starts transmitting Russian gas to EU under new deal signed also by Romania
Gas TSO of Ukraine LLC, operator of the gas transmission system, has signed agreements with all neighboring operators, namely in…
F. Cîțu: The elimination of the surcharge reduced the price at the pump; increase of the classic excise duty, an update with inflation
The Ministry of Finance (MFP) has made a change that has been deemed as controversial by some specialists. Immediately after…