The court rejects the CE Hunedoara insolvency; the state can swap debt to equity
Bogdan Tudorache Following the adoption by the Deputies of the law of debt-to-equity swap for coal and thermal energy companies,…
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ANRE: Gas suppliers have stored 30% more for winter than the minimum stock
Gas suppliers have deposited 2.8 billion cubic meters of gas for this winter, 30% more than the mandatory minimum stock…
Greenpeace launched the 2018 Report of Illegal Forest Cuts
Bogdan Tudorache Greenpeace Romania yesterday launched the Report of Illegal Cuts 2018, an analysis based on the official figures regarding…
RADET requested the City Hall to pay the subsidy for only 32% of the energy
Bogdan Tudorache Following investigations initiated by Sierra Quadrant, the administrator of ELCEN, it turns out that RADET requested a subsidy…
Germany allows new coal plant to enter service despite phase-out
German utility Uniper has been given the green light to start commercial operations at its new 1.5-billion-euro Datteln 4 coal-fired…
MOL Romania: Gas sales up 12%, diesel rose 7.5%
Bogdan Tudorache MOL Group revised positively its yearly current costs result, whilst in Romania, MOL’s retail fuel sales registered significant…
Transgaz inaugurated the second new compression station on the BRUA pipeline, at Jupa
Transgaz inaugurated the natural gas compression station (STC) in Podișor (Giurgiu county), an over 22 million euros worth investment. STC…
Bulgaria pledges to US Ambassador that works at the Greece pipe will finish next year
Bulgarian Energy Minister Temenuzhka Petkova and US Ambassador Extraordinary and Plenipotentiary to Bulgaria Mrs. Herro Mustafa have confirmed that they…
TeraPlast Group improves profitability and reaches RON 719 million revenue in the first nine months of 2019
Bogdan Tudorache TeraPlast Group`s EBITDA, the largest Romanian manufacturer of construction materials, rose by 29% in the first nine months…
Naftogaz takes into account the Romanian gas
Naftogaz takes into account, in case it will not reach an agreement with Gazprom for the continuation from January 1,…
ASF has approved the prospectus for the increase of the share capital of Electrica
The Financial Supervisory Authority approved on Wednesday the simplified prospectus related to the issuance of a maximum number of up…
Cornel Feruță lost the competition for the head of the International Atomic Energy Agency
Argentine diplomat Rafael Grossi was elected on Tuesday to head the International Atomic Energy Agency (IAEA), according to The New…
Bădălău: Hidroelectrica must stay owned by the Romanian state
The dismissed Minister of Economy, Niculae Bădălău (PSD), was outraged on Wednesday in Parliament by PNL’s intention to list Hidroelectrica…
Lukoil and MOL will sign a US 10 bln. contract
Russian oil group Lukoil will sign a USD 10 billion contract with Hungarian oil group MOL on oil supply, Lukoil…
Virgil Popescu: It is not incompatible to have a wife that manages Petrom petrol stations
The proposed minister for the portfolio of Economy and Energy, Virgil Popescu, does not consider that there is a state…
Romania takes a poor stand in the race for electro-mobility
In Europe there are more than 144,000 charging points for electric cars and under 150 of them are in Romania,…
On November 6, AFM resumes registration in the national program Green House Photovoltaics
The program for the installation of photovoltaic panel systems for the production of electricity, in order to cover the consumption…
Transelectrica and Transgaz could go to the Ministry of Finance
Prime Minister-designate Ludovic Orban said that Transelectrica and Transgaz will move from the Ministry of Economy to the Ministry of…
The second day of protest for miners trapped underground in Paroșeni brings in some concessions
Bogdan Tudorache The miners from the Paroşeni and Uricani exploitations continued Tuesday, for the second day in a row, the…
Frames: The district heating network risks serious damages
Bogdan Tudorache The district heating network in Bucharest is currently in a critical situation. The second most extensive urban district…
The Chamber of Deputies approved the ordinance that provides for the debt write-off for thermal and coal
On Tuesday, the Chamber of Deputies approved the ordinance which stipulates the extinction of some fiscal and budgetary obligations of…
Green light for Lukoil and Romgaz drilling at the Black Sea
The Competent Authority for Regulating Offshore Petroleum Operations (ACROPO) has given the green light for work start for the Lukoil…
Bolton (Liberty Steel): We want to become emission neutral by 2030
Bogdan Tudorache Liberty Steel Group will strengthen its businesses and considers carbon neutrality by 2030, says Jon Bolton, CEO of…