KMG International announces best-ever results since the takeover
KMG International publishes its fourth sustainability report, drafted according to international standards (Global Reporting Initiative G4), and announces the economic,…
Looking for the main objective of Romania’s energy strategy? It was decided in Brussels: 32% share of renewables in 2030
The European Union’s target for the share of renewable energies in total energy consumption in 2030 is mandatory for Romania,…
Romania faces Russian aggression on a daily basis and is fending off a wave of cyber-attacks
Romania faces Russian aggression on a daily basis in the Black Sea and is fending off a wave of cyber-attacks…
Change of paradigm on the natural gas market in the region
The Romanian oil and gas industry is enthusiastically living the dawn of a new era – the commercial exploitation of…
FOREN: Romania needs to take digitalization into account
In spite of the European Union’s insistence on moving to a 35% target for renewable energy and energy efficiency in…
Romania imported 20% more oil in the first two months
In the first two months of 2018, Romania imported 1,453 million tons of crude oil equivalent, with 242,500 toes (20%)…
ArcelorMittal confirms it is ready to sell its plant in Galați (România)
ArcelorMittal announced in a press release that it has submitted a proposed divestment package to the EC to address concerns…
FIC: Romanian bureaucracy banishes new investors and discourages the present
Foreign investors consider that the bureaucracy makes Romania uncompetitive compared to other areas in Europe where they are doing business…
An energy crisis is looming in South-East Europe
Since the dissolution of the Eastern Bloc, energy production in Southeast Europe (SEE) has been stymied by chronic underinvestment. As…
Transelectrica energized the 400 kV interconnection with Serbia
On Wednesday, at 20.49, the 400 kVA LEA double-circuit interconnector Reşiţa (Romania) – Pancevo (Serbia) was energized, Transelectrica announced in…
Natural gas trading obligations on centralized markets in Europe (a Deloitte analysis)
Romania is one of the three European states with obligations related to centralized trade of natural gas. In Europe, the…
Robert Brückmann (eclareon): Cost of capital hinders Romania’s renewable energy development
Cost competitive renewable energies can help Romania to benefit from the European Cooperation mechanism and generate additional revenues. In this…
CE will sue Romania in the case of moving all the gas trading to OPCOM
The European Commission will sue Romania at the European Court of Justice if the Bucharest Parliament adopts the amendments to…
