Vast Resources starts drilling at Baita Plai mine in Romania
UK-based Vast Resources said on Monday that it has commenced the drilling programme at its Baita Plai polymetallic mine in…
Drop in coal use pushes Germany closer to 2020 climate target
Germany has seen a second year of significant reductions in greenhouse gas emissions in 2019, as coal use fell by…
Targeted action needed to curb unrelenting global demand for coal power
The world’s consumption of coal as a power source will grow further until at least 2040 if no targeted action…
Memorandum by which CE Oltenia requests a loan of 1.1 billion lei from the state, at the Minister of Finance
The memorandum by which CE Oltenia will receive part of the money necessary for the payment of the emission certificates,…
Germany will cancel EU ETS allowances in framework of coal exit – state sec
Excess emissions allowances resulting from Germany’s coal phase-out will be cancelled from the EU’s emissions trading system ETS if they…
Bogdan Chirițoiu: In energy we need new market mechanisms
With the gradual decrease of coal in the mix, Romania will have to find new energy sources. But giving up…
Coal power becoming ”uninsurable”, as firms refuse cover
The number of insurers withdrawing cover for coal projects more than doubled this year and for the first time US…
EU mining regions say “clean coal” can ease transition, NGOs reject claim
Europe’s mining regions call for EU support for “clean coal” technologies to ease their transition, but climate activists warned the…
Coal exit must include cancellation of ETS allowances – climate economist Edenhofer
There are growing doubts as to whether Germany’s planned coal exit will lower emissions, writes Niklas Záboji in the Frankfurter…
CE Oltenia will get new loans for the payment of carbon certificates
The director of the Oltenia Energy Complex, Sorin Boza, told the local press that the short-term solution for the company…
Eximbank has upgraded the rating the Oltenia Energy Complex
Eximbank revised the financial rating of CE Oltenia from C to B, following the analysis of the accounting reports from…
The government gave in to the pressures of miners trapped underground for 12 days
Bogdan Tudorache The miners from Uricani and Paroșeni were blocked 12 days underground and they gave up the strike only…
D. Cimpean: EC Hunedoara will go into insolvency, Ordinance 60 will save the complex
Bogdan Tudorache The court has postponed today (Thursday, November 14) the decision on the insolvency of CE Hunedoara, but this…
Among the first Emergency Ordinances of the new Government: Guaranteeing compensatory payments for the miners from the Jiu Valley
The new prime minister, Ludovic Orban, announced on Monday evening that one of the first Ordinances to be approved by…
The court rejects the CE Hunedoara insolvency; the state can swap debt to equity
Bogdan Tudorache Following the adoption by the Deputies of the law of debt-to-equity swap for coal and thermal energy companies,…
Germany allows new coal plant to enter service despite phase-out
German utility Uniper has been given the green light to start commercial operations at its new 1.5-billion-euro Datteln 4 coal-fired…
The second day of protest for miners trapped underground in Paroșeni brings in some concessions
Bogdan Tudorache The miners from the Paroşeni and Uricani exploitations continued Tuesday, for the second day in a row, the…
The Chamber of Deputies approved the ordinance that provides for the debt write-off for thermal and coal
On Tuesday, the Chamber of Deputies approved the ordinance which stipulates the extinction of some fiscal and budgetary obligations of…
Protests of the miners in the Jiu Valley – nearly 300 could be laid-off
The miners from the Paroseni and Uricani coal mines in the Jiu Valley sparked a spontaneous protest on Monday and…
EU state aid rules could frustrate German coal plant operators’ compensation hopes – NGO
Bogdan Tudorache Compensating German coal plant operators for taking their facilities off the grid during the country’s coal exit could…
CE Hunedoara goes into insolvency, Valea Jiului Energy Complex appears
Bogdan Tudorache A final sentence of the Alba Iulia Court of Appeal opens the possibility of insolvency of the Hunedoara…
Chiriţoiu: We can find a solution to subsidize the CEO activity
The merger between Oltenia Energy Complex (CEO) and Hidroelectrica is based on a “naive” idea, said the president of the…
FP: Merger with CE Oltenia would only reduce the performance of Hidroelectrica
Bogdan Tudorache An eventual merger of the CE Oltenia with Hidroelectrica would affect the performance of the hydro energy producing…