The tax on additional profit obtained from the gas market liberalization: inaccurate statements and hidden general taxation
###author### Authorities in Romania seem to not know exactly neither the purpose nor the extent to which the money from…
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PDL lay down in Parliament a simple motion on energy
Chamber of Deputies debate s Monday at 16:00 the simple motion on energy initiated by PDL (Liberal-Democratic Party), which will…
The refurbishment of Mintia thermal power plant, done with Chinese money
Energy units 3 and 4 of Mintia thermal power plant will be refurbished during projects worth 230 million euros, money…
Corneliu Cernev, Oltchim union leader: The Government wants a takeover of Arpechim refinery this March
Oltchim’s Victoria union leader, Corneliu Cernev, told Agerpres that the government wants to take over Arpechim Pitești refinery by a…
Adrian Borotea, CEZ: The investments in power distribution network will continue
CEZ Romania will continue to invest annually between 40 and 50 million euros in power distribution networks, but the Romanian…
The Black Sea gas requires gas pipelines of nearly 1 billion euros
Transgaz Mediaş, the national gas transmission operator, stated through its managing director that it has investment programs amounting to EUR…
EximBank Romania and China, agreement for investments in energy and infrastructure
###author### EximBank Romania has signed a Financial Cooperation Agreement with China Eximbank establishing the general cooperation framework for the two…
The Grand Challenge of the Energy Transition
Energy is the key factor that drives the economy. Without abundant energy coming from sources other than human and animal…
Rompetrol to invest 350 million USD, out of a 1 bln. USD fund, after takeover from state
Rompetrol has taken “all needed measures” to invest USD 350 million in Romania, in the Petromidia central and into extending…
The Department of Energy wants to divide energy distributor Electrica SA before its privatization
Romania’s Government is trying to make the power distribution company, Electrica SA more attractive. According to a Draft Government Bill…
EU refineries must invest billions of euro to change production mix
There is widespread agreement on the problem facing Europe’s troubled oil refining sector but no consensus about how to solve…