Micro-networks have the ability to supply electricity to half a billion people – WB
About 1.2 billion people will have to gain access to electricity in order to achieve universal access by 2030. The…
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Just 10% of fossil fuel subsidy cash ‘could pay for green transition’
Switching just some of the huge subsidies supporting fossil fuels to renewables would unleash a runaway clean energy revolution, according…
Ten 100MW-plus wind farms commissioned in July
The ten largest wind farms Windpower Intelligence has identified as coming fully online in July all have a capacity of…
Seele, OMV: Russian gas supply via Nord Stream 2 pipeline to start by end of year
The first gas flow through the Nord Stream 2 is set to start no later than December 31 this year,…
German lignite plants loss sum up to 600 mln. Euro in H1
Germany’s fleet of lignite power stations has likely lost more than 600 million euros in the first half of 2019,…
The MOL group reaches its estimates, Diesel sales surge in Romania
The MOL Group has announced that it is in the graph with pre-tax profit (EBITDA), which reached half-year to half…
The share of green cars increases to 3.5%
The share of “green” cars (electric and hybrid) registered in Romania continues to grow, reaching a market share of 3.5%…
E.ON inaugurates three other electric charging stations
E.ON Energia Romania launched three new fast charging stations for electric vehicles last month in Bacău, as well as at…
Lowest loss for Petromidia, no accidental spills – KMG report
Petromidia Refinery, KMG International Group’s main asset in Romania recorded its lowest technological loss in history, along with its lowest…
GSP signs new deals with OMVPetrom and Lukoil for Black Sea works
On July 29, GSP Offshore and OMV Petrom signed a framework contract to provide integrated offshore services for Istria’s shallow…
Bulgaria invites bids for 5-year oil, gas exploration permit for Tervel offshore block
Bulgaria’s government said on Wednesday that it will open a procedure for awarding a five-year oil and gas exploration permit…
The spot price of electricity in Romania, almost double that of the West
The average daily price of electricity on the spot market in Romania has reached the maximum of the last six…
ANRE will control the payment of compensation by distributors
ANRE has suspicions about the compensation granted by electricity distributors to consumers last year for non-compliance with the performance standard…
Oil royalties increased by about 4%, as a result of a new methodology
The oil royalties paid by OMV Petrom increased by about 4% as a result of a new methodology published in…
Ministry of Economy: Ioan Niculae – interested in importing gas from Israel
Economy Minister Niculae Bădălău met on July 9 with representatives of Delek Drilling, a company that provides over 60% of…
PATRES: AFM program for subsidized photovoltaic panels, discriminatory
Bogdan Tudorache The last-minute changes to the Program Financing Guide on the installation of photovoltaic panels for electricity generation affect…
OMV signs agreement with Gazprom for USD 1 bln. Achimov gas field
OMV signed an agreement with Russian gas producer Gazprom setting the price at $1 billion for the potential acquisition of…
OMV closes Q2 with soaring operating results
Austrian integrated oil and gas company OMV recorded a 44% increase in second-quarter operating income, revealed in its financial results…
Gazprom assesses US sanctions bill
The Nord Stream 2 natural gas pipeline project’s operator, Gazprom, said on Thursday it was assessing a US bill passed…
First contract concluded on the Gas Forward CCP platform of the Romanian Commodities Exchange
The Romanian Commodity Exchange announces the conclusion of the first transaction on its new trading platform – “Gas Forward CCP”,…
EC approves state aid for Croatia’s 233.6 mln euro KRK LNG terminal project
The European Commission said on Wednesday it has found that Croatia’s plans to support the development of a 233.6 million…
The Minister of Energy reiterates the idea of building a single reactor at SNN
Bogdan Tudorache The Minister of Energy reiterated the idea of building a single nuclear reactor in Cernavoda, in case the…
Petrom has stored three times as much gas as last year
OMV Petrom had stored at the end of the second quarter of this 3.4 billion TWh of gas, three times…