The MTO, Germany’s shale gas ban and the future unemployment of Romania
###author### The news according to which Germany gave up for good the exploration and exploitation of shale gas is circulating…
Romania, Expected to be Energy Independent Despite Ukraine Crisis (VoA)
Romania is expected to achieve energy independence by the end of the decade, due to shale gas and alternative energy…
EPG: O&G legislation should be updated in order to boost Upstream operations
Romanian legislation does not provide a stable framework for the Upstream operations to be conducted in competitive conditions, considers the…
Romania needs courage and imagination to evolve into an international player
Romania has all the necessary ingredients in order to become a significant player in the international oil and gas industry.…
1.5% hike in power transmission tariff for Transelectrica, since July 1st
The Romanian energy regulator, ANRE, has approved a 1.5% increase in the average price for electricity transmission to 22.50 lei…
Lukoil to Build $30 Billion Cash Pot After Debt Freeze
At Russia’s largest private-sector oil company, the Ukraine crisis is forcing a change of strategy. Lukoil will cut spending to…
CMS O&G Debate, FOREN: ‘Building for the future – Romania as an international player’
On June 25, energynomics.ro and CMS are organising an O&G focussed panel debate which will explore what Romania needs to…
EU energy integration demands more effort; even more urgent for Romania
Energy integration in EU is still far away. Barriers like the lack of liquid wholesale markets in the member states,…
The decrease of the green energy costs for industry mustn’t press the consumers
###author### Government of Romania adopted on Wednesday an exemption of 40 to 85% for large industry players from the payment…
Electrica goes for between 435 and 543 million euro from privatization
###author### Government approved on Wednesday the privatization of 51% of Electrica. Although initially, according to the statements of the members…
Europe Faces Green Power Curbs to Stop Grids Overloading
Europe’s drive toward a power system based on renewable energy has gone so far that output will probably need to…
LUKERG Renew gets 57 mln euro loan from EBRD, UniCredit for wind park project in Tulcea
The European Bank for Reconstruction and Development (EBRD) said on Wednesday it is providing along with UniCredit Bank a 57…