NGOs support increasing the renewables target in the energy Strategy
WWF-Romania (World Wide Fund for Nature), Declic, Bankwatch and 2Celsius sent the Ministry of Energy a series of observations and…
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Environment
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…
Renewables provided more than half of Germany’s consumption
Germany set a new record in the first half of this year, with renewable energy generation covering around 58% of…
EIB supports Raiffeisen through a new agreement of 250 mln. euro for climate actions and digitalization
The European Investment Bank (EIB) signed a new guarantee agreement with Raiffeisen Bank within the Recovery and Resilience Fund. The…
EC recognizes the thermal milestone in the PNRR, holds on green hydrogen
The European Commission adopted two decisions on Monday, issuing a positive preliminary assessment to lift the suspension of the payment…
Petrobrazi Refinery: Investments of over 2 bln. euro by 2030
The Petrobrazi refinery is celebrating its 90th anniversary, OMV Petrom announced. Petrobrazi will continue to play an essential role for…
Marinela Drăcea, CIROM: Carbon capture is the key to Romania’s climate neutrality
Carbon capture, storage and utilization is the vital technology for Romania to achieve its goal of climate neutrality while maintaining…
Antal Lorant: Time for the EU to rethink its energy transition
The elections that have just ended were important because they showed that the voices that wanted to ban the exploitation…
Everyone will pay carbon taxes in one form or another
Everyone, household consumers and businesses, will pay carbon taxes in one form or another. However, by reducing pollution from the…
OMV improved the estimates for 2030; becoming a leader in the energy transition, a priority
The Austrian group OMV, the majority shareholder of OMV Petrom, announced on Thursday that it has revised upwards its estimates…
Schneider Electric, AVEVA and IN-CORE Systèmes – partnership for EV battery production
Schneider Electric and AVEVA have announced a partnership with IN-CORE Systèmes to increase efficiency in the production of electric vehicle…
EU: Germany can grant compensations of 1.75 bln. euro for giving up coal
EU: Germany can grant compensations of 1.75 bln. euro for giving up coal The German Economy Ministry announced on Tuesday…
Ministry of Energy and SAPE announce the start of the CET Titan Heating Power Plant project
Works started On Monday at CET Titan, a fully automated plant that will be equipped with five engine-generator groups (Hydrogen…
Transgaz builds the supply pipeline of the Mintia plant, an investment of 60 mln. euro
The Minister of Energy, Sebastian Burduja and the General Director of Transgaz, Ion Sterian, signed a financing contract for the…
OMV Petrom completes the acquisition of Renovatio Asset Management
OMV Petrom, the largest integrated energy producer in Southeast Europe, has completed the acquisition of Renovatio Asset Management, the owner…
Eaton’s buy-back solution for upgrading UPS systems: Trade-In 2024
Eaton is running a campaign that aims to provide affordable solutions for modernizing uninterruptible power supply (UPS) systems by replacing…
The value of green lending for companies reached 5 bln. lei in March
The “green” credits granted to companies in Romania amounted to 5 billion lei in March of this year, an annual…
Industrial policy: EU Council approves the net-zero industry act
The EU Council has adopted a regulation on establishing a framework of measures for strengthening Europe’s net-zero technology manufacturing ecosystem,…
AFM approved financing worth 97 mln. lei through the prosumer subsidy program
Eligible requests amounting to 96.68 million lei were submitted by natural persons under the “Casa Verde Fotovoltaice” program, while religious…
Dan Bota, Intesa Sanpaolo Bank: Financing decisions are influenced by the directions taken by the business environment
Banks are only one part of the economic chain and their financing decisions are influenced by the directions taken by…
PPC: Investments of 501 mln. euro, renewables reached 4.7 GW
The PPC Group, which took over Enel in Romania, recorded in the first quarter of the year (Q1) a net…
E.ON: 77% of Romanians want to install solar panels or heat pumps
The energy efficiency of the home has become a major concern for many households, with 80% of Romanians stating that…
Webb, RetuRo: SGR is the foundation of the circular economy – over 350 mln. recipients returned to date
The Guarantee-Return system represents the foundation of the circular economy in Romania, and so far Romanian consumers have returned more…