All posts
Fire at Petromidia Refinery, a welder from Rominserv lost his life
On Monday evening, an fire happend on Petromidia refinery platform, in the area of the vacuum distillation plant. During the…
Ghinea: We risk blocking EU funds for environment
Romania has not fulfilled the terms agreed with the EU and risks blocking EU funds for waste management, says Minister…
Hungary plans further cuts to household energy prices
Hungary’s government is looking for ways to continue a household energy price cut programme, Development Minister Miklós Seszták told the…
World’s largest offshore wind farm receives go-ahead in UK
The world’s largest offshore wind farm has received development consent from the UK’s Department of Business Energy and Industrial Strategy…
It’s official: Expert Petroleum took over Petrofac in Romania
Competition Council greenlighted the takeover of the local subsidiary of Petrofac by Expert Petroleum, according to a press release received…
Halmai: EuroGsm believes in the long-term return of the renewables
Choosing a renewable energy provider to supply cheap energy to customers comes in the background of EuroGsm’s renewed confidence in…
Enache, Monsson: We’re not leaving Romania, we refocus to foreign markets
Romanian market’s specific difficulties and lack of investments have led shareholders to sell Monsson’s division of power works Emon Electric,…
Transgaz’s net profit drops 12% in the first six months
The National Gas Transmission Company (SNTGN) Transgaz SA Medias posted a net profit of 281,77 million lei in the first…
Enel Distribuţie Muntenia modernizes Pipera power station
Enel Distributie Muntenia has completed the rehabilitation works for the 110 kV transformation station in Pipera, from which will benefit…
Gas imports more than doubled in the first half
Romania imported in the first six months of 2016, the amount of usable natural gas of 222,400 tonnes of oil…
Mihnea Constantinescu: Investing in energy security strengthens national security
This is the transcript of the message delivered by Mihnea Constantinescu, Ambassador for Energy Security at the Ministry of Foreign…
Financing contracts worth 21 mln. Euro for modernizing Rovinari and Ișalnița
The Ministry of Energy signed with Complex Energetic Oltenia two financing contracts worth about 21 million euros for the modernization…
Electrica: Net profit up 21% in H1 due to increased supply
Electrica Group registered in the first half of 2016 a consolidated net profit of 336 million lei, up by 59…
EU allocates Euro 187 million for Finnish-Estonian gas link
The European Commission has allocated Euro 187.5 million for building a gas pipeline, the Balticconnector, between Finland and Estonia, the…
Soros Fund Management slashes gold stake in second quarter
Soros Fund Management sharply cut its shares in gold in the second quarter, when bullion prices rose to two-year highs,…
Oil, gold and investments – Q3 barrel still at 45-50 USD
Commodities were broadly unchanged for a third consecutive week but plenty of individual action was seen last week. ”We are…
Valeriu Binig: An inter-institutional cooperation between the legislative, the executive and the regulators is required
This is the transcript of the message delivered by Valeriu Binig, partner EY România, during the 2016 Energy Strategy Summit,…