ME: State-owned companies reform aims for savings of over 1 billion lei
The Ministry of Energy has launched a broad process of streamlining and restructuring state-owned companies in the field, targeting total…
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General Interest
EU to delay publication of Russian fuel phase-out strategy by a month
The European Commission may delay the date on which it is to publish its roadmap for phasing out the last…
Global EVs sales rose 14% last year
Global sales of battery electric vehicles (BEVs) rose by about 14% last year, to 10.4 million, according to a study…
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…
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…
EU’s Competitiveness Compass to seriously impact the energy sector
The European Commission’s Competitiveness Compass outlines yet another bold strategy to reinvigorate the EU’s economy, with a strong focus on…
Schneider Electric and The Mobility House Solutions partner on smart EV solutions
Schneider Electric and The Mobility House Solutions, a leader in smart charging technology, have announced a new partnership for electric…
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…
Vernești Technological High School has become a teaching material for energy efficiency in school buildings
At the Technological High School in Vernești, Buzău County, education is getting a new dimension through the energy modernization of…
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…
Ministry of Energy launches a 150 mln. euro call for energy storage projects
The Ministry of Energy will allocate another 150 million euros for electricity storage batteries, as shown in a call for…
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…
Greenvolt Group consolidates its European strategy with Greenvolt Next Ireland
Greenvolt Group, a global leader in renewable energy, announces that its Ireland business, specialising in distributed energy solutions, Enerpower powered…
BASF Coatings and Koch International rely on electric trucks for long-distance transport
BASF Coatings, a leading partner for innovative surface solutions and Koch International, an international logistics service provider based in Osnabrück,…
Greenhouse gas emissions from the EU economy fell by 7% in 2023
Greenhouse gas (GHG) emissions from the economic activities of resident units in the European Union totalled 3.4 billion tonnes of…
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…
Transelectrica announces completion of an 89 mln. lei project with European funds
The National Electricity Transmission Company has completed the investment in implementing a metering and management system for electricity measurement data…
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…
Răzvan Popescu: Romgaz takes a first step in getting ready to become a direct gas supplier
Romgaz takes the first step towards supplying natural gas to household and small non-household customers, launching the tender for an…
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…