Affordable, efficient and sustainable heat through cogeneration (May 14, Bucharest)
Cogen Europe, Cogen Romania and Ecovis Ciurtin & Associates are organizing the international conference “Affordable, Efficient and Sustainable Heat Through…
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Oil hits highest since November as U.S. tightens Iran sanctions
Oil prices hit their highest since November on Tuesday after Washington announced the end of all waivers on imports of…
EY: Romania has a good government digitalization, but we still take the papers to the counter
Digitalization has a relatively good presence on the part of governmental institutions in Romania, but there are still stages in…
CFA Romania survey sees the euro at 4.85 lei in 12 months
The Macroeconomic Confidence Indicator released by CFA Romania increased in March compared to the previous month by 0.5 points to…
CEZ invests annually in the network about 200 million lei
CEZ Romania invests annually in the network about 200 million lei, says Ondrej Safar, Country Manager CEZ Romania. „The future…
CE Oltenia increases salaries by 15%
The Oltenia Energetic Complex estimated revenues of 3.913 billion lei and a gross profit of one million lei for the…
Oltchim administrators call for the bankruptcy of the plant
The Consortium of Oltchim (OLT) Administrators composed of BDO Business Restructuring SPRL and Rominsolv SPRL filed with the Valcea Tribunal…
Delgaz Grid to invest nearly 250 mil. lei in smart grids in the coming years
The distribution company Delgaz Grid, part of the E.ON Romania group, installed approximately 315,000 smart meters, with successive programs amounting…
Atos compensates 100% of its carbon emissions through a global program of wind farms
Atos announces that it managed to compensate 100% of its CO2 emissions around the world in 2018 through a program…
The Romanian Commodities Exchange becomes a member of the FPPG
The Romanian Commodities Exchange has become a member of the Oil and Gas Employers Federation (FPPG), an association that includes…
The partial takeover plan of the National Uranium Company gets high on the agenda
Nuclearelectrica (SNN), the state operator of the Cernavoda nuclear power plant, resumed the plan to take over a part of…
ANRM wants to double its staff
The National Agency for Mineral Resources (ANRM) wants to double its maximum number of posts, from 126 to 240, the…
Electricity price in Romania, half of last week’s, due to wind
The energy price in Romania on the spot market dropped by half, compared to last week, with an average of…
Stab (Engie): 90% of the isolated villages can’t afford gas connection, as costs reach 3,000 euro
Only one in ten potential consumers in remote villages can afford gas connection, as costs rise up to 3,000 euro,…
Petrom announces an investment budget of nearly EUR 876 mln. for 2019
The Ordinary General Meeting of Shareholders approved OMV Petrom’s budget for 2019, according to a company statement. It is estimated…
PwC: The oil and gas sector is becoming attractive and offers stability, electricity is more volatile
A PwC Romania study (Valuation multiples in the context of Bucharest Stock Exchange and local M&A market), that has compared…
EY: Oil and gas are leading the M&A sector in Romania
Despite an increasingly complex geopolitical environment, global appetite for mergers and acquisitions (M&A) marks a record of the past 10…
Rainbow Warrior comes to Romania to promote renewables
Rainbow Warrior, the Greenpeace legendary ship, arrives in Romania from May 29 to June 2 to signal the link between…
OMV Petrom invested EUR 14.5 billion between 2005 and 2018
Bogdan Tudorache According to the company’s report, OMV Petrom invested 14.5 billion euros in the period 2005-2018. The company contributed…
Nuclearelectrica loses 2.3% of growth due to GEO 114 – document
Bogdan Tudorache Nuclearelectrica (SNN) could have estimated an increase in total revenue by 10.5% in 2019, instead of only 8.2%…
Microsoft increases the internal carbon tax
Microsoft announces an increase of the internal carbon tax. This commitment comes as a result of a substantial increase in…
