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…
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Ministerul Energiei
Ministry of Energy: Romania aims to close uncompetitive mines
The closure of uncompetitive mines is a program undertaken by Romania eight years ago and targets only mines that pose…
PNL submits motion against Energy minister Anton Anton
PNL on Wednesday submitted to the Chamber of Deputies a simple motion on Energy, accusing the Ministry of Energy of…
Mayors can decide the expansion of natural gas distribution networks
The Government today approved, at the proposal of the Ministry of Energy, the Government Decision on the establishment of the…
Romania will achieve a degree of interconnection of 15-16%, works on the capacity mechanism
Bogdan Tudorache Romania will achieve a degree of 15-16% of interconnection with its neighbors, and at the present time the…
The Ministry of Energy looks carefully at biomass inclusion in the renewable target
Bogdan Tudorache While the Draft Integrated National Plan for Energy and Climate Change 2021-2030 is subject to public debate, the…
New negotiations for the 600 MW group in Rovinari
Representatives of the energy producer CE Oltenia and a team of specialists from the Ministry of Energy, headed by Andrei-Petrisor…
The Government tries to erase the debts of state-own bad payers, but it does not know how
The Government wants to erase the budget debts of electricity producers in exchange of assets and has developed a procedure…
Spring Cocktail 2019 – investments are crucial; what are the obstacles
One of the keynote speakers in the 6th edition of the Spring Cocktail began his speech by referring to OUG…
First official information on the mechanism of Contracts for Difference in Romania
The Ministry of Energy has launched in public debate a support mechanism for investors with low-carbon technologies called Contracts for…
Energy strategy: There will be support schemes for renewables, but only for prosumers
New support schemes will be in place to stimulate renewable energy investments after 2020, but „only for electricity generation capacities…
Exxon doesn’t wait: Evaluates offshore Israel energy exploration bid
American oil and gas giant ExxonMobil is considering exploring for energy off the Israeli coast, according to Reuters. Executives from…
Ministry of Energy: Romania cannot give up coal until 2030
Romania can’t abandon the production capacity of the CE Oltenia until 2030 without an acute energy risk, according to the…
New Supervisory Board at SAPE
The Ordinary General Shareholders Meeting of the of the Energy Participation Management Company (SAPE) elected five supervisors with four-year mandates…
Nicolescu: GEO 114 will either bring price increases or profit cuts for state-owned companies
Government Emergency Ordinance 114/2018 could have a very negative impact on the energy sector if it is not quickly changed…
The EC asks Romania to correctly transpose EU rules on the internal energy market; the ministry of Energy awaits for the official communication
The European Commission sent a letter of formal notice to Romania for failing to correctly implement certain requirements of the…
Romanian-Kazakh Fund approved two projects worth 230 mln. USD
The Board of Administration of the Romanian-Kazakh Energy Investment Fund met last week on their first working meeting since the…
Romgaz Energie and Titan Power were set up, companies dedicated to state investments
Romgaz Energie and Titan Power are two companies newly set up by SAPE in partnership with Romgaz and Electrocentrale Grup,…
The Ministry of Energy hints to a power-to-gas project in Oltenia
The Ministry of Energy intends to develop a project for using renewable energy to produce hydrogen and for storing it…