UK green energy investment halves after policy changes
Investment in green energy fell 56% in UK in 2017 – biggest fall of any country – after ‘stop-start’ support…
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CE Oltenia plans investments of 665 mln. lei in 2018
The Energy Complex Oltenia, one of the largest energy producers in the country, has planned investments of 665 million lei…
E-Distribuţie Muntenia invested 18 million lei in 2017 in modernizing 80 substations in Bucharest
E-Distribuție Muntenia invested about 18 million lei (4.6 million Euro) in 2017 for the modernization of the power supply points…
SOCAR: $25B spent for Southern Gas Corridor so far
As of December, $25 billion have been spent for the Southern Gas Corridor (SGC) project, Khoshbakht Yusifzade, first vice-president of…
E-Distribuție Banat put into function investment projects of almost 21 million lei in 2017
E-Distribuție Banat put into function investment projects of approximately 20.7 million lei (around 4.5 million euros) in 2017, announced the…
World Bank pulls plug on oil and gas
The World Bank has announced it will stop funding oil and gas projects from 2019. Annie Pickering, a campaigner at…
E-Distribuţie Muntenia invested 14.5 mln. lei into Cotroceni primary station
E-Distribuție Muntenia invested approx. 14.5 million lei (3.15 million euros) for the first stages of the modernization of the Cotroceni…
Alro finalizes new investments in energy efficiency
Alro S.A. announced the completion of new $3.4 million in investments in the areas of energy efficiency, competitiveness and upgrading…
OMV Petrom doubled its net profit in the first nine months of 2017, compared to 2016
The OMV Petrom Group reports a net profit of 1.84 billion lei after the first nine months of the year,…
Andi Aranitasi: CEE loses green energy investments to Greece, Serbia and Turkey (energynomics.ro interview)
Romania, Bulgaria and the CEE countries (Hungary, Poland and The Czech Republic) are no longer attractive for investors in renewables…
Gazprom Neft invested 2.5 bln euro in Serbia’s NIS since 2009
Gazprom Neft has invested 2.5 billion euro ($2.9 billion) in the development of its Serbian subsidiary NIS [BEL:NIIS] since 2009,…
E-Distribuţie Dobrogea invests 12 mln. lei into a station in Constanţa
E-Distribuţie Dobrogea has begun an investment project worth about 12 million lei (2.6 million euro) in order to modernize the…
Mihai Fifor, minister of Economy: Sovereign Fund to be active starting January 2018
The Sovereign Development and Investment Fund (FSDI) will be active from January 2018 and will be a good mechanism for…