Chevron profit recorded the biggest decline in the past four years
Chevron, the second largest energy company world-wide by market capitalization, recorded a 26% decline in net profit in the 2nd…
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Conpet profit rose by 25.7% in the first semester, reaching 5.8 million euro
Conpet Ploiești reported for the first semester a net profit of 5.8 million euros (25.76 million lei), up by 25.7%…
GDF SUEZ Energy assigns an extra 34 million euro to develop a wind farm in Galați
GDF SUEZ Energy Romania, part of franco-belgian group GDF SUEZ, decided to increase the social capital of a Romanian wind…
More than just a news site: the chance of a community
No shortage of news these days. Leaving apart politics, sports, and showbiz, we still have dozens of economic news each…
Energetic Resources – Blessing and Burden for the EU-Russia Relationship
The biggest hydrocarbons and hydrocarbons-based products suppliers for EU are the companies from Russia, Azerbaijan, Kazakhstan and Turkmenistan. This sheds…
Gerhard Roiss: Remember our core business – to search for oil and gas
author: Angelika Kramer OMV boss Gerhard Roiss increasingly turns to the Oil&Gas exploration. For electricity generation and gas stations there…
N. Antonescu: În Romania, we’ve started using hydraulic fracturing 50 years ago
author: Elena Ratcu What are, in your opinion, the most important aspects for natural gas market dynamic, including the liberalizing…
Energy storage – an insufficiently assumed priority for Romania
Romania is facing for many months already, a considerable excess in electricity power production, keeping in mind a decline in…
Liberalization increases gas prices at a slow pace. So far.
[one_half] So far, three steps for gas market liberalization were taken, and the impact the consumers feel is roughly an…
Securing Tomorrow’s Energy Today
Peste opt milioane de turişti străini vizitează anual Japonia. Printre cele mai interesante locuri ce merită văzute în Ţara Soarelui…
One more step towards a unique regional electricity market
The Romanian State-Owned Transelectrica (the owner of electricity infrastructure in Romania) signed a Memorandum of Understanding regarding the cooperation for…
Big cement producers reduce the dependency on fossil fuels
The cement factories have the opportunity to change their business model and become companies that have activities connected to de-polluting…
Three solar energy producers enter the shade of insolvency
The German firms Gehrlicher Solar and Conergy, and the Hawaii-based Hoku have initiated the procedures for insolvency. Gehrlicher Solar and…
Croatia’s accession in the EU rises the importance of South-Eastern Europe for energy security
Croatia’a treaty for accession to the EU entered into force in July 1st 2013, after the document in question was…
Green energy still lures companies in Romania. By dozens.
Green energy continues to be an interesting field for capital placement, even though the total investments drawn so far reached…
Transelectrica will issue 45 million € worth of corporate bonds
Transelectrica (the Romanian TSO) will lauch this November a 5-year maturity bond issue, according to a press release. Thus, Transelectrica…
Construction of the world’s biggest laser has started in Măgurele, Romania
Extreme Light Infrastructure Project (ELI) will be a center for high level research in the field of high-power lasers, laser-mater…
Is the party over for renewable energy in Romania?
autor: Ștefan Botezatu Recent proposals from Romania’s energy regulatory authority and projected legislative changes could have a negative impact on…
Government still needs to show its commitment to attracting new investments in E&P
Recently, the newly-established Romanian Association of Oil Exploration and Production Companies ROPEPCA initiated an honest and complete communication with the…