Economics&Markets
Shell sets emissions targets, plans to link them to executive pay
Oil and gas major Shell has announced plans for carbon emissions targets linked to remuneration. Shell’s announcement was made at…
Valeriu Binig (EY) anticipates rapid spread of decentralized renewable energy generation in Romania
A surge in gas and renewables deals in the third quarter of 2018 saw global power and utilities year-to-date deal…
CEZ Vânzare launches CEZ Shop and enters the online commerce market
CEZ Vânzare launches the first energy online store in Romania, targeting the current customers, but also the general public. CEZ…
Over 1 bln lei worth profit for Romgaz in the first nine months this year
The Romgaz Group obtained a net profit of 1.027 billion lei in the first nine months, down from the same…
AmCham: Romania’s energy security, affected by lack of investments in power generation
The American Chamber of Commerce in Romania (AmCham Romania) closely monitors the investment flows in the Romanian economy, and in…
EximBank finances Romelectro with 150 millions lei
EximBank has granted Romelectro SA, one of the largest general contractors for energy projects in Romania, a financing worth 150…
Oil tanks while US midterm theatre reaches financial markets
Global stock markets bounced and the dollar weakened following comments from President Trump that trade discussions with China were “moving…
Cyprus urges Turkey to cooperate on energy, but peace first
Cyprus is ready to work with Turkey on exploiting the east Mediterranean’s potential oil and gas wealth, as long as…
EBRD revised its forecasts on the advance of the Romanian economy in 2018 and 2019
Romania’s economy is expected to see a 4.2% growth this year, while the economic growth will slow to 3.6% next…
