News
2.5 MW solar plant with CSUN modules completed by Day Energy in Romania
CSUN and Day Energy announce the completion and connection of a 2.5 MW solar park project in Romania. The solar park…
Wind Turbine Makers Poised for Return to Profitability
Wind-turbine makers are poised to make their first profit in years after shutting underused factories and abandoning a drive for…
Honeywell Romania rents 3,000 more sqm offices in Upground compound in Bucharest
The Romanian subsidiary of U.S. company Honeywell has rented 20% in the biggest office building in Bucharest, UpGround BOC, which…
Poland began exploitation of shale gas
Lane Energy, a company controlled by US group ConocoPhillips, began extracting shale gas from a well near Lebork, northern Poland,…
Roșia Montană bill passed by Government; project to start in 2016
The government approved on Tuesday a draft law on Roșia Montană mining project and submits it for Parliament approval. The…
Oil gains more than $2 on possible Syria strike, Brent above $117
Oil rose more than $2 a barrel on Wednesday, with Brent pushing above $117 and the U.S. benchmark soaring to…
Nuclearelectrica IPO to start on September 9; hopes for EUR 86 million
Romania will begin the initial public offering of a 10 percent stake in state-owned nuclear power producer Nuclearelectrica on Sept.…
The Power Companies Will Install Over 100,000 Smart-Meters Units This Year
Installing smart meters is part of a discrete revolution already on the run in Romania. All electricity distributors run pilot…
LUKErg Renew will buy four wind energy companies in Bulgaria
A joint venture of the Italian energy company ERG and LUKoil, LUKErg Renew, has received approval to buy four wind…
Iulian Chifu: Romania has the chance to become the main gas supplier for Republic of Moldova and even Ukraine
###author### Not often a state happens to stumble upon the right mix of internal and external condition and to use…
Statoil could extract gas at half the cost
In a quest to tap huge gas reserves worth an estimated 30 billion dollars, the norwegian company launched in mid-August,…
RWEA presses Romania in Brussels to return to the original support scheme
Romanian Wind Energy Association (RWEA) submitted to the European Commission (EC) a complaint against Romania, on behalf of over 100…
Ukraine, Romania to sign gas trade agreement in October
The Ukrainian Government wants to import natural gas from Romania, and a trade agreement in this sense might be signed…
Brent crude stays above 109 dollars
Brent crude oil hovered near 110 dollars a barrel on Thursday as upbeat data from Europe and China kindled hopes…
Russian Stroytransgaz to build overland balkan sections of South Stream
Russian company Stroytransgaz is preparing to sign contracts for the construction of the overland sections of the South Stream gas pipeline on the…
US experience in gas and smart grid, not available for Europe
###author### In the last few years US registered a boom in natural gas production, from shale gas deposits exploitation. Of…
Ukraine region rejects Chevron shale gas deal draft
A local council in Western Ukraine voted against a draft production-sharing agreement with Chevron. The draft received critics that essentially…
Power and Utilities Q2 Global Deals Reached USD 33 billion
Q2 2013 emerged as an exciting quarter for the global power and utilities (P&U) sector. While volume remained flat, there…
The largest US bank is being investigated for manipulating power prices
US Department of Justice decided to investigate JP Morgan bank under the accusation it gamed the prices in the electricity…
Increased Profits for the State Energy Giants Ahead Stock Exchange Listings
Only three of the energy companies entered the top 10 most profitable companies listed on Bucharest Stock Exchange, based on…