Romanian and Hungarian companies pay the highest energy prices in the EU
Companies in Romania and Hungary pay the highest energy prices in the European Union, almost three times higher than those…
Traian Halalai: Exim Banca Românească is one of the key institutions regarding Romania’s accession to the OECD
Exim Banca Românească is one of the key institutions supporting Romania’s accession process to the Organization for Economic Cooperation and…
Inflation falls more strongly in Romania than in the EU in April
The annual inflation rate in the European Union decreased slightly in April to 8.1%, from 8.3% in March, while in…
EU: Share of fossil fuels in available gross energy stabilized at 70% in 2021
The European Union continues to depend to a large extent on fossil fuels for its energy supply, their share in…
EU Taxonomy should not divide the EU in time of crisis
The result of the current political debate on the EU Taxonomy Complementary Delegated Act will significantly shape the European energy…
EC and Romania have signed an agreement to stimulate investment in SMEs and the green transition
European Commission signed a contribution agreement with Romania on Wednesday in order to use the InvestEU Fund as a tool…
EU will allow renewable projects to be authorized in less than a year
The European Commission wants to speed up the green transition of the EU bloc and at the same time reduce…
Engie calls on the EU for clear instructions on the payment of Russian gas
French utility Engie is still paying in euro for Russian gas, according to its contracts, and hopes to receive clear…
EU adjusts plans to sanction Russian oil to persuade reluctant states
The European Commission has proposed a series of changes to its Russian oil embargo in a bid to persuade reluctant…
Intesa Leasing secures new funding for energy-saving measures in the Serbian businesses
Small and medium-sized enterprises (SMEs) in Serbia are to benefit from new funding from the European Bank for Reconstruction and…
Germany will accelerate plans to reduce its dependence on Russian gas
Germany will implement plans to build two new liquefied natural gas (LNG) terminals and also increase its natural gas reserves…
Europe wants to end Russia’s long-term gas supply contracts
The European Union intends to take a strong stance to end long-term gas import contracts, as part of its green…
Luminița Odobescu: Romania is a deeply pro-European state, the benefits of EU membership are undeniable
This week, President Klaus Iohannis signed decrees to summon several ambassadors, including Luminița Odobescu, head of Romania’s Permanent Representation to…
EU: 122m euro investment in innovative projects to decarbonise the economy
For the first time since the creation of the Innovation Fund, the European Union is investing 118 million euro in…
EU Renewable Energy bill confirms the 38-40% target for 2030
A draft EU future renewable energy directive confirms the EU bloc’s goal of obtaining 38-40% of energy from renewable sources…
Public consultation on future EU rules for reducing methane emissions
The Commission has launched a public consultation on aspects of methane emissions in the energy sector. The objective of this…
5 months till the European Commission will present its carbon border levy
The price of carbon certificates raised by 62% over the last 12 months, and the pressure on European polluting companies…
European companies urge Energy ministers to put renewable hydrogen solutions at the heart of Hydrogen Council Conclusions
About 27 companies, including Enel, have sent a letter to Energy Ministers asking them to put renewable hydrogen solutions at…
Mariusz Kawnik: Brussels is moving fast to getting gas out of the picture
Executive Director of Central Europe Energy Partners – CEEP, Mariusz Kawnik is involved in a number of regional projects and…
Hungary, Poland block 2021-2027 EU budget, recovery package
Hungary and Poland blocked on Monday the adoption of the 2021-2027 budget and recovery fund by European Union governments because…
Mihaela Toader, Romgaz: Technological neutrality must prevail
Romgaz is currently adjusting its investment strategy to take into account the new environmental policies decided in Brussels, said Mihaela…
EC: EU gas production 19% lower in H1 – Romania extracted 10% less
European Union’s gas production fell by 19% in the first half of this year (H1), and the amount extracted in…
The EC aims to at least double renovation rates in the next 10 years with higher energy efficiency
The European Commission has published today its Renovation Wave Strategy to improve the energy performance of buildings. The Commission aims…