Exxon agrees $4 billion sale of Norway oil and gas assets
Exxon Mobil has agreed to sell its Norwegian oil and gas assets for up to $4 billion, ending its production…
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Truță: Hidroelectrica risks to permanently lose the debt of 214 million lei to ANAF
Oana Truţă, the former administrator of Hidroelectrica of behalf of Fondul Proprietatea, sent, on September 3, to the Ministry of…
Meyer (FP): It is time for the Government to show genuine concern for the development of the capital market
The government must show a genuine concern for the development of the country’s capital market, and the listings of state-owned…
Rusnac (KMGI): For 2019-2020, we are planning to open about 25 Rompetrol fuel stations
KazMunayGaz International (KMGI) plans to open about 70 Rompetrol fuel stations in the next four years, with the opening of…
Hungary and Romania had the highest growth rates in the EU in Q2
Hungary recorded, during the period April-June 2019, compared with the previous quarter, the most significant advance of the economy in…
Enel started the process of selling its assets in Romania
Italian group Enel, the largest European utility company, has started the process of selling operations in Romania and expects assets…
German landfill operators agree to significantly lower methane emissions
Methane emissions from landfills in Germany will be gradually reduced by a total of one million tonnes of CO2 equivalents…
Croatia’s Končar KET to refurbish HPP Vacha in Bulgaria
A consortium comprising Croatia’s Končar KET and Czech ČKD Blansko Holding has signed a contract to refurbish the 14 MW…
Chinese electric bus maker eyes Bulgaria for assembly and battery plant
Chinese electric bus manufacturer Alfa Bus is eyeing the Bulgarian market for a plant to assemble electric buses and produce…
White House to relax energy efficiency rules for light bulbs
The Trump administration plans to significantly weaken federal rules that would have forced Americans to use much more energy-efficient light…
OUG 114 amendments, on the agenda in the plenary of the Chamber of Deputies on September 10-11
The draft law for the approval and modification of GEO 114/2018 and also the draft law approving GEO 19/2019 (amending…
FPPG rejects the alarmist statements about the effects of returning to a free and functional gas market
The Oil and Gas Employers’ Federation – FPPG rejects the alarmist and unfounded statements about the effects of returning to a free…
Dafora goes back in black: Profit of 1 million euro in H1, revenues increase 17%
Bogdan Tudorache Dafora Mediaș reports going back into black, with a net result for the first six months (H1) of…
Transelectrica will increase its share capital by 20 million lei
Bogdan Tudorache Transelectrica will increase its share capital by 20 million lei over the next three years, according to the…
Firea: The Government will not agree to stop of hot water in Bucharest
The capital’s mayoralty assures Bucharest that the process of supplying hot water is carried out normally, without being jeopardized by…
Mark Gitenstein has received a new term in the Committee of Shareholders’ Reps of Fondul Proprietatea
Shareholders of Fondul Proprietatea have decided to appoint former United States Ambassador to Romania Mark Henry Gitenstein as a member…
Petromidia Refinery: Investments worth 50 mln. USD in 2019
Bogdan Tudorache Petromidia Refinery Navodari will invest in 2019 50 million dollars, allocated for the alignment and continuation of installation…
Meyer, FP: Investing into Reactors 3 and 4 does’t make financial sense, we don’t see the project done with the Chinese
Bogdan Tudorache Investing into Reactors 3 and 4 of the nuclear power plant in Cernavoda does not make financial sense,…
Meyer, FP: Hidroelectrica needs political decision to get privatized; any acquisitions in Enel or CEZ would diminish its value
Bogdan Tudorache Privatization of Hidroelectrica needs a political decision, and so far we have seen uncertainty at government level, which…
There are 55 nuclear reactors under construction in the world
In 2018, the nuclear power generated 2,563 terawatt hours of electricity worldwide, which is up with 61 terawatt hours from…
Kozloduy NPP Unit 6 is expected to receive a new operating license within a month
Kozloduy NPP Unit 6 is expected to receive a new operating license within a month, which will allow it to…
Utility-linked smart thermostats to account for 36% of $75bn automated home market by 2025 – GlobalData
The automated home market exceeded $23bn in 2018 and is expected to reach $75bn by 2025, at an impressive compound…
Lungu, AFEER: The repeal of some provisions of GEO 114 is a good thing, it marks the return to a normal situation
The repeal of some provisions of GEO 114 is “a good thing”, which confirms a return to normality, said Ion…