Economics&Markets

Softronic launched Hyperion, the first Romanian electric train, with a test ride from Craiova to Bucharest

Exxon Mobil expands cooperation with Rosneft, in spite geopolitical of tensions

Texas-based oil giant ExxonMobil and Russia’s state-controlled oil company Rosneft shook hands Friday while the U.S. and European nations continue to discuss…

FIC: Special Construction Tax will create major distortions, it should be reviewed

Foreign Investors Council (FIC) argues that the introduction in the current form of a special construction tax, known as the…

Joe Biden: US is ready to help Romania secure energy independence

United States of America is ready to provide necessary help Romania to secure energy independence and cover resources that currently…

Five days prior to collection, “the pole tax” remains marked by uncertainty

###author### The energy industry will be hardest hit by the on tax special constructions of 1,5%, the so- called “pole…

FP is about to exit from Transelectrica shareholding

Fondul Proprietatea (FP) would want to sell its 13.49% stake in Transelectrica and it selected Romanian brokers to seek buyers,…

Alexei Miller (Gazprom) escapes EU’s blacklist

Alro reported a net loss, due to energy taxation and low aluminum price

###author### Alro, one of the largest aluminium producers in Central and Eastern Europe, announces today its financial results, prepared in…

S&P offers investment grade to Romania, external lending gets easier

Standard & Poor’s upgraded Romania to investment grade for the first time since 2008 as the economy grows and the…

Rompetrol Rafinare – 48% turnover growth, due to the sales increase

###author### During the first quarter of the year, the consolidated turnover of Rompetrol Rafinare, a member company of KMG International,…

Gheorghe, Petrom: “We started technical discussions with the authorities on royalties”

Gazprom asks Ukraine to pay in advance for future gas supplies

Gazprom notified the Ukrainian state company Naftogaz for the advance payment of the equivalent natural gas to be delivered in…

The risk of a Third Gas War between Russia and Ukraine

Energy Breakfast Club – Romanian Black Sea Energy (June 11)

On Wednesday, June 11th, from 9 A.M., Energy Breakfast Club proposes a new informal meeting for you to discuss with…

Omer Tetik, BT: Financing for renewables on hold, banks increase guarantees

###author### Financing investment projects in renewable energy stagneates as the guarantees required by the banks increased substantially, told energynomics.ro Omer…