News
Total signs first post-sanctions Western energy deal with Iran
France’s Total has signed a deal with Iran to further develop its part of the world’s largest gas field, becoming…
Iancu: The next three years will be the hardest in the history of the energy system
Although the predictability of the legal framework is a priority for the European Commission, four new Union directives are to…
Russians hurry to finish Turkish Stream
Gazprom is planning to spend more than $595 million in the expansion of the gas pipeline system to deliver gas…
Russia sells another 19.5 percent Rosneft stake by decree
Russia published a government decree on Monday ordering the sale of a 19.5 percent stake in state-controlled oil giant Rosneft…
Decline in Romania’s attractiveness for investment in renewable energy projects (study by EY)
The European countries regain the ground they lost at the begining of the year in the ranking of investment attractiveness…
Romania-Bulgaria gas pipeline will become operational on November 11
Transgaz has completed the pulling up of the back-up pipeline under the Danube of the gas interconnector between Bulgaria and…
MOL Group will invest more than $2 billion in Upstream projects in the next five years
MOL Group announced the financial and operational objectives for the next five years, shortly after the publication of the Strategy…
Mol’s upstream segment grows in spite of shriking oil price
MOL group upgraded its 2016 operational profit (clean CCS EBITDA) guidance to around USD 2.2 bn, as the upstream third…
NBR: Economic growth of 6% in Q2, decerasing deflation
Consumption raises the economy by 6 percent in the second quarter and the inflation rate starts to grow, reveals a…
Renewables to see incremental improvement; biomass, the new hero to be (Nov 3, EBC)
The brutal reduction in subsidies for renewable industry has forced companies to hurry their passage into another stage – from…
The new renewables draft law only helps the consumers
The new draft amendment to the renewables law only helps the consumer, while the green energy producers lack advantages, argued…
Greg Konieczny (Property Fund) accuses the Ministry of Energy that violates the principle of transparency in Nuclearelectrica
Given the current situation of the electricity market and the long term forecasts, the Property Fund considers the project on…
Oil majors join forces in climate push with renewable energy fund
Top oil companies including Saudi Aramco and Shell are joining forces to create an investment fund to develop technologies to…
Romania loses investments because of bureaucracy and system bottleneck
Fragmented collaboration between the various authorities and lack of a predictable tax regime block energy investments. During the session dedicated…
Artur Stratan, ROPEPCA: Investments depend on the strategy, fiscal regime and the oil price
Romanian oil and natural gas needs investments of around one billion euros annually just to finance the current needs and…