MET Group delivers the 100th LNG shipment to Krk terminal
MET Group’s commitment to providing energy to end customers was symbolically marked by the delivery of the 100th shipment of…
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Economics&Markets
Romania and Germany must cooperate to maintain their competitiveness
Against the background of increasingly strong competition from regions such as Asia or America, Romania and Germany must cooperate closely…
Transelectrica and TSOs of Azerbaijan, Georgia and Hungary create the submarine cable project company
The National Electric Energy Transport Company Transelectrica and transmission system operators (OTS) Georgian State Electroystems (Georgia), AzerEnerji (Azerbaijan) and MVM…
Ukraine: An adviser to Zelenskiy backtracks on statements about stopping Russian oil transit
An adviser to the Ukrainian presidential administration, Mihailo Podoliak, backed off to the comments regarding the stoppage of Russian oil…
Bulgaria faces continued high electricity prices
Electricity prices in Bulgaria remain the highest in the region as August progresses, reports “Capital”. Despite the end of the…
Zelenskiy: The gas transit agreement with Russia will not be extended
Ukraine will not extend the Russian gas transit agreement, but is ready to consider requests from European companies, President Volodymyr…
Patrick Pouyanne, TotalEnergies: Gas market uncertainty could persist until 2027
The future of Russian natural gas transit through Ukraine remains one of the main uncertainties for gas prices in Europe,…
Romanian PM to discuss in Brussels the status of the PNRR objectives
Prime Minister Marcel Ciolacu announced on Wednesday, at the beginning of the Government session, that on Thursday he will discuss…
EU reaches a degree of filling of gas deposits of 90%, Romania exceeds 80%
The European Union’s gas storages are 90% full, reaching this level two months before the set date, which guarantees the…
Eurostat: Romania had the highest annual inflation rate in the EU in July
The annual inflation rate in the European Union increased in July to 2.8%, from a level of 2.6% in June,…
Romgaz uses an NS EDGE solution for a new standard in cyber security
Romgaz hosted an important “NS EDGE Cybersecurity Showcase” event on Tuesday, thus marking a considerable advance in strengthening the security…
Hanga, BVB: The fall of the BVB indices is a reaction to what is happening in the international markets
The drastic drops of all indices of the Bucharest stock exchange represent a reaction to what is happening on other…
MET Group accesses a credit facility worth 1.1 bln. euro
The Swiss group MET, one of the fastest growing energy companies in Europe, signed a credit facility (BBF) worth 1.1…
Overproduction of green electricity is pushing prices down to negative levels
On the background of the advance of photovoltaic and wind energy, electricity has increasingly reached the situation where it is…
Ciolacu: Romania – reliable partner of the USA, dedicated to efforts to strengthen energy security in Europe
Prime Minister Marcel Ciolacu and US Energy Secretary Jennifer M. Granholm had a meeting on Tuesday at the Victoria Palace…
Bulgaria: USTDA grants 1.5 mln. USD for East-West Corridor feasibility study
The US Trade and Development Agency (USTDA) and Bulgaria’s Transmission and System Operator (ESO) signed an agreement in Sofia on…
Lukoil stops supplying oil to Hungary after Ukraine tightened sanctions
Hungary and Russia are looking for a solution so that the Russian oil group Lukoil PJSC can resume oil deliveries…
AMEPIP management resigned; the selection for a new management team will be started
The management of the Agency for the Monitoring and Evaluation of the Performance of Public Enterprises (AMEPIP) presented its resignation,…
Saudi Arabia increased its fuel oil imports amid a hot summer
Saudi Arabia has increased its imports of fuel oil, to the highest level in the last three years, to be…
Annual inflation rate dropped to 4.94% in June
The annual rate of inflation dropped, in June 2024, to 4.94%, from 5.12% in May, as food goods rose in…
Alin Andries: MFP will launch new green bonds in 2025
The Ministry of Finance wants to launch Samurai bonds on the Japanese market this year, depending on the market context…
EU surpasses 50% renewable power share for first time in first half of 2024
Electricity industry association Eurelectric has released figures showing that 50 percent of electricity generation in the EU came from renewables…
Russia will temporarily lift restrictions on gasoline exports
Russia will allow refineries to continue exporting gasoline for another month because the domestic market remains well supplied, reports Bloomberg.…