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Bulgarian state companies to invest 50% of their profits; Romanian to pay dividends
The Bulgarian government has decided that state companies have to invest 50% of their profits for 2016 on behalf of…
Increased interest for state companies, as state forces payment of 90% of profits as dividends
In the last weeks, the quotations for utilities were animated by the decision that obliges the state companies to distribute…
OMV, the largest distribution center in the western Romania, in Arad
Mayor of Arad, Gheorghe Falcă, announced an investment of 17 million euros made by OMV Petrom, which will build a…
Alexey Miller and Rainer Seele seal the deal for Nord Stream 2 pipeline
Alexey Miller, the CEO of the Russian energy giant Gazprom met Rainer Seele, the head of Austria’s OMV energy company,…
Bulgarian energy exchange to start intraday trading in January 2018
The intraday segment of the Independent Bulgarian Energy Exchange (IBEX) is expected to be operational in January 2018, Nikola Gabrovski,…
Bulgartransgaz: yearly capacity allocation procedure will take place on March 6
Bulgartransgaz highlighted that it is offering of bundled year capacity at IP Kulata/Sidirokastro in reverse flow direction, transfer point between…
Gal, ANRM: In March, a new methodology for the reference price for gas
The government could approve this spring a new methodology for calculating the reference price for natural gas, said Sorin Gal,…
Euro Insol got the removal of 663 million lei from the total debts of RAAN
The Mehedinti Court has ruled in favor of Euro Insol, the liquidator of the Autonomous Administration for Nuclear Activities (RAAN),…
ABB wins multiple orders for electric bus charging stations
ABB’s Electrification Products division has won a series of three orders to deliver its state-of-the-art fast-charging systems to customers in…
US has trouble finding enough fracking sand, as production grows
Demand for frac sand has surged in recent weeks as U.S. producers rush back to the oil patch, stoking concern…
How much does UK‘s energy watchdog chief earn
The boss of Britain’s energy watchdog has given himself a £15,000 bonus. Dermot Nolan, who earns £190,000-per-year as chief executive…
0,3 lei – the difference between bankruptcy and survival for Romanian producers of renewable energy
We were provided with an opinion paper signed by two representatives of the group “Energy for the Future”. We published…
ENEL, confirmed in ECPI sustainability indices
Enel has been included for the nineth time in the ECPI Indices, this time specifically in the ECPI Global Renewable…