Europe enters the cold season with gas stocks at around 70%
Europe is approaching the cold season with gas storage facilities filled to only 70% capacity—compared to the 85% average recorded…
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Uniunea Europeana
Ursula von der Leyen: Europe cannot remain an industrial powerhouse if its energy prices are structurally too high
Europe cannot remain an industrial powerhouse if its energy prices are structurally too high. When Russia cut off the gas…
Bușoi: European Union will continue to finance renewables, but acceptance for nuclear increased
In the coming years, the European Union will invest and support electrification projects, especially from renewables, said Cristian Bușoi, Secretary…
OMV Petrom: 21 bln. euro investments in 25 years, yield grows 50 times
OMV Petrom (SNP) marks 25 years since its listing on the Bucharest Stock Exchange (BVB), a period in which the…
Chimcomplex: European chemical industry suffers from wrong energy policies promoted by Brussels
The European chemical industry is going through an aggressive deindustrialization phase these years, due to the wrong energy policies promoted…
Bulgaria becomes world leader in energy storage – Ember
Bulgaria has become one of the world’s leading markets for battery energy storage, with capacity added in 2025 theoretically enough…
Romania, below the EU average for the share of renewable energy in final energy consumption
Last year, energy from renewable sources represented 26.2% of the energy consumed in the European Union, increasing from 25.2% in…
EU wants an e-target for 2040 to cut oil and gas consumption
The European Union wants to propose an electrification target for the next decade, as part of a plan to strengthen…
Energy consumption for cooling in EU households doubled; in Romania it increased slightly – Eurostat
The energy consumption of households in the European Union for the operation of air conditioners has increased steadily, reaching 80,400…
European Grids Package enters negotiations: Why it matters for Romania
European Union energy ministers have agreed on the Council’s position on the European grids package, a set of legislative proposals…
Iacubowicz: We pay for every month of political uncertainty in interest, investments and postponed decisions
We pay for every month of political uncertainty in interest, investments and postponed decisions, given that we have the highest…
National Bank of Moldova, leading institution in negotiation of EU accession
The National Bank of Moldova (NBM) is a leading institution in 3 of the negotiation chapters for EU accession and…
EU to sanction Nord Stream 2 to stop Russian gas flow
The European Union is moving closer to a decision to include the Nord Stream 2 pipeline in a new package…
Anca Dragu: Republic of Moldova received approval to become part of the SEPA area
The Republic of Moldova received, on March 6, approval to become part of the SEPA area, the euro payments area,…
Russian gas era in Europe ends as Ukraine stops transit
Russian gas exports via Soviet-era pipelines running through Ukraine came to a halt on New Year’s Day, marking the end…
Russian LNG imports to Europe set to hit record in 2024
The European Union has increased its imports of Russian LNG as tensions over Russian natural gas flowing through pipelines in…
Qatar to halt gas supplies to EU if fined under EU directives
Qatar has threatened to halt vital gas supplies to the European Union if member states strictly implement a new directive…
Romania recorded the highest current account deficit in the EU in Q2
The European Union recorded a current account surplus of €130.4 billion (2.9% of GDP) in the second quarter of 2024,…
Eurostat: EU energy imports fell in the second quarter of 2024
The European Union imported, in the second quarter of 2024, energy products worth 94.9 billion euros, reaching a total amount…
EU economy is recovering, the eurozone is recording the best pace of the last year
Economic activity in the euro area recorded the fastest growth rate in April in the last year, with the advance…
EU to investigate Chinese suppliers of wind turbines in five countries, including Romania
European Commissioner Margrethe Vestager has announced that the Community Executive has opened a new investigation into the subsidies benefited by…
Kadri Simson: EU must reduce Russian liquefied gas imports this year
The European Union is putting more and more pressure on Russian liquefied natural gas importers to reduce their purchases this…
Câciu: Romania has a surplus EU funds balance of 60 bln. euro
Romania is a net beneficiary of European funds, and since its accession to the present it has a surplus balance…