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Hungary defies EU and greenlights South Stream pipeline
Hungary’s parliament approved a law that would open the way for the construction of the Russian-backed South Stream natural gas…
Victor Ponta: the chinese investment at Rovinari, 1 billion dollars
Prime Minister Victor Ponta said that the government will support all investment in developing and upgrading energy producers based on…
FT will list Fondul Proprietatea at LSE this December
Franklin Templeton (FT) will list the Romanian investment fund Fondul Proprietatea in London this December and hopes to get approval…
Gazprom announced it’s ready to resume gas deliveries to Ukraine
Russia has “fulfilled its obligations” stipulated in the agreement on the resumption of Russian gas supplies to Ukraine, concluded last…
New deadline proposed for employees interested in buying shares in energy companies – December 31, 2015
Employees of energy companies that are entitled to purchase up to 10% of the companies in which they operate will…
Government extends deadline for Tarniţa – Lăpuşteşti project until after elections
###author### Government decided to extend the deadline for submission of tenders for hydroelectric project Tarniţa with almost a month, it…
UNTRR: Fuel consumption in Romania will continue to drop
###author### Fuel consumption will continue to decline in Romania, and Romanian hauliers will increasingly buy cheaper fuel from neighboring countries,…
Moldova to receive €10 million to upgrade district heating in Bălți
Moldova has received a €7 million loan from the European Bank for Reconstruction and Development (EBRD) to modernise district heating…
Capgemini: Growing risk of power blackouts in Europe this winter
The risk of blackouts in Europe will grow in the coming winter as thermal power-generating capacity has been shuttered amid…
OPEC: Little oil output change in 2015
OPEC’s oil production is unlikely to change much in 2015 and there is no need to panic at the crude…
Schneider Electric will supply switchgears for Vestas France’ wind turbines
###author### Schneider Electric signed a new agreement with the wind turbine manufacturer Vestas for the supply and maintenance of switchgears…
Government recognizes the system services provided by EC Hunedoara; extends support
The government will extend by two and a half years, until the end of 2017, the period during which it…