Energy Minister Speaks on energy sovereignty: Increasing and diversifying local capacities
“Do you know the extremist lie that Romania pays the most expensive electricity and gas in Europe? And that, God…
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Economics&Markets
Tanczos Barna: Change in S&P rating outlook, signal of budget deficit cut
S&P did not change the country rating, Romania is still recommended to investors, but the rating agency gave us a…
Romania distances itself from Green Deal, Energy Ministry to present “negative effects” in new report
“I will present to the Government a detailed report on the negative effects of “Green Deal” policies on the Romanian…
Hanga: Stock exchange market capitalization up 18%, number of trades hit new record in 2024
The Bucharest Stock Exchange (BVB) recorded the highest number of transactions in 2024, namely 2.6 million, up 32% compared to…
Burduja: We will not leave Europe’s energy security in the hands of those who used energy as a weapon of blackmail
Europe must be fair in terms of energy prices, and for this, each of the member states must fulfill its…
EBRD invested 707 mln. euro in Romania last year, up 7% from 2023
EBRD investments in Romania increased to 707 million euros in 2024, up 7.44% from the 658 million euros injected into…
Russia’s oil and gas revenues rose 26% in 2024
Russia’s oil and gas revenues to the state budget rose more than 26% in 2024, to 11,130 billion rubles ($108.22…
Gazprom to cut 40% of staff at St. Petersburg HQs
Energy giant Gazprom is planning to cut staff at its headquarters in St. Petersburg, a company spokesman said, as the…
Gazprom Neft to exit NIS stake in February
Gazprom Neft Group, the oil division of Russian giant Gazprom, will be given a 45-day grace period to exit Serbian…
Poland’s largest investment program in history: ORLEN’s new strategy includes gas and storage
Energy security, modernisation, environmental stewardship, and product innovation form the cornerstones of ORLEN’s newly unveiled strategy, presented to the press…
Suspension of Russian gas supplies to Transnistria: EU denounces Russia’s ”hybrid war” against Moldova
European Union foreign policy chief Kaja Kallas accused Russia of “weaponizing gas” and waging a “hybrid war” in Moldova, where…
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…
Greenvolt Group – contract with Flora Food Group to install about 5,000 photovoltaic panels in Portugal and Germany
Greenvolt Group has signed its first contract with Flora Food Group, a global leader in the branded food industry, for…
Germany: Constitutional Court approves windfall tax for energy companies
Germany: Constitutional Court approves windfall tax for energy companies Germany’s Constitutional Court ruled last week in favor of a government…
Ramona Moldovan: Energy Ministry is preparing “a unicorn factory”
The Ministry of Energy wants to set up a hub of green technologies and innovative solutions in Bucharest, said Ramona…
Green energy achievement of the year – Energynomics Awards 2024 Nomination
We continue to present the 2024 Energynomics Awards nominees of the year, with the “Green energy achievement of the year”…
Lucian Enaru: Data centres cannot run on renewable energy alone
Data centres cannot run on wind or solar power alone, but Romania has the potential in the energy production area…
Enexus Renewable Energy to deliver three times as many renewable energy projects next year
Enexus Renewable Energy will deliver over 150 MW installed in renewable energy generation and storage projects next year, said Iulia…
Călin Georgescu and Elena Lasconi enter the presidential election second round; PSD and PNL pushed towards internal reforms
The first round of the presidential election has produced unexpected results. With 99.91% of the minutes from the polling stations…
Best initiative for energy transition – Energynomics Awards 2024 Nomination
We continue to present the 2024 Energynomics Awards nominees of the year, with the “Best initiative for energy transition” section,…
Zinchuk: Romania surpasses Poland in certain criteria, there are many interested investors
Romania surpasses Poland in certain criteria, and this is not talked about in the country, said, on Wednesday, the director…
Lukoil picks Qatari-UK consortium as buyer of Bulgarian refinery
Russia’s Lukoil plans to sell its Bulgarian refinery to a Qatari-UK consortium comprising Oryx Global, controlled by Qatari businessman Ghanim…
Cosmin Tabără: Romania no longer supplies only cheap labour, but also quality products
Romania is no longer an attractive market for investors only for its cheap labour force but also for its high…