IEA: Global oil demand to peak before 2030
World oil demand will reach its maximum level “before the end of the decade,” according to an annual report published…
OMV Petrom discovered new crude oil and natural gas resources in Romania
OMV Petrom, the largest integrated energy company in Southeast Europe, announces that it has discovered new crude oil and natural…
Dan Drăgan: No one will be left behind in the energy transition
The goal of the decarbonization initiatives and investments is to ensure that “no one is left behind” and that the…
Delgaz Grid started tests on the use of the mix of natural gas and hydrogen
The Delgaz Grid company, a member of the E.ON Romania group, began on Thursday, June 8, at the Professional Training…
Andrei Ceclan: The crisis is a good context for energy efficiency
Energy efficiency necessitates major financial investment, and an energy crisis situation is the ideal setting for it to take place,…
Mihai David (COGEN Romania): The future of energy lies in decentralized production
The future of the energy sector lies in the decentralized production of energy, in the use of a mix of…
Sebastian Staicu (BCR): Decarbonisation of the industry is impossible without subsidies
Reducing the carbon footprint of the industrial sector is impossible without subsidies from the European Commission, but banks can contribute…
Four Japanese motorcycle manufacturers team to develop hydrogen engines for small vehicles
Kawasaki Motors, Suzuki Motor Corporation, Honda Motor Co., Ltd., and Yamaha Motor Co., Ltd. have jointly announced that they have…
Virgil Popescu: Romania’s objective is independence, not just energy security
“Yes, Romania has a very clear objective of energy independence”, said the Romanian Energy Minister Virgil Popescu in a speech…
Romania and the Republic of Moldova continue the network interconnection projects
On Wednesday, at the proposal of the Ministry of Energy, the Memorandum of Understanding between the Government of Romania and…
Rompetrol Rafinare – higher turnover and profit, in spite of the drop in oil prices
Rompetrol Rafinare, member company of the KMG International Group (Rompetrol), reached, in the first quarter of 2023, a consolidated gross…
FEL Romania – analysis of the effects of the war on the energy sector
Future Energy Leaders Romania (FEL Romania) launches the analysis entitled “The effects of the war in Ukraine on the energy…
Eurostat: Demand for natural gas in the European Union decreased by 13.2% last year
After a 4.3% increase in 2021, the demand for natural gas in the European Union fell by 13.2% in 2022,…
Cogeneration and renewables work best together
Cogeneration solutions can be integrated with other sources, such as solar or wind, and they can be used both in…
Exiting natural gas it’s only feasible by 2050
Exiting natural gas is only feasible by 2050 but accelerating natural gas phase-out is the most efficient way to reduce…
Bulgarian companies ask the government to stimulate long-term power purchase contracts
Bulgaria had a very dynamic energy market last year, with exports reaching up to 40% of the country’s power generation,…
Kazakhstan’s revenue from oil exports increased by 50% in 2022
Kazakhstan’s 2022 revenue from oil exports increased by 50%, thanks to the explosion in the price of crude oil, even…
European natural gas price falls due to reduced demand
Benchmark natural gas prices in Europe fell on Tuesday, extending losses over the past four weeks, as demand in the…
Closing coal plants will increase energy price volatility
Shutting down the coal-fired power plants in the coming years and increasing commodity prices will lead to a large growth…
E-Infra: Nova Hydrogen Production starts the 5MW Nervia project
Nova Hydrogen Production, part of the E-Infra group, announces the start of the 5MW-Nervia hydrogen plant project, according to a…
Regional integration of the energy infrastructures will provide security and sustainability
Every European country should begin working on new infrastructures to use hydrogen and to integrate the national grids into a…
Romania and Bulgaria should strengthen cooperation in the energy field
Romania and Bulgaria are very good partners and should continue their cooperation, especially in the energy field and will have…
Natural gas distribution networks are prepared for the transition to hydrogen
Natural gas distribution networks can be adapted to use a mixture of methane and hydrogen, as is already happening in…