WB finances Romania’s emergency infrastructure with 50 mln. euro
The World Bank’s Board of Executive Directors approved 50 million euro ($60.48 million equivalent) for the Romania Strengthening Disaster Risk…
Kraft (ROPEPCA): Romania should encourage investment in the manufacturing industry in order to use its natural gas
The best solution for the using domestic natural gas at home would be for the Government to motivate the industry…
Romania has imported over 3.46 million tons of crude oil in the first five months of 2018
Romania has imported over 3.46 million tons of crude oil (tep), in the first five months of 2018, with 620.100…
Moise, Patres: The way in which energy is traded will undergo great mutations
Romania will go through a period of big decisions, new regulations will emerge in the market that will align the…
KMG International announces best-ever results since the takeover
KMG International publishes its fourth sustainability report, drafted according to international standards (Global Reporting Initiative G4), and announces the economic,…
Looking for the main objective of Romania’s energy strategy? It was decided in Brussels: 32% share of renewables in 2030
The European Union’s target for the share of renewable energies in total energy consumption in 2030 is mandatory for Romania,…
Romania faces Russian aggression on a daily basis and is fending off a wave of cyber-attacks
Romania faces Russian aggression on a daily basis in the Black Sea and is fending off a wave of cyber-attacks…
Change of paradigm on the natural gas market in the region
The Romanian oil and gas industry is enthusiastically living the dawn of a new era – the commercial exploitation of…
FOREN: Romania needs to take digitalization into account
In spite of the European Union’s insistence on moving to a 35% target for renewable energy and energy efficiency in…
Romania imported 20% more oil in the first two months
In the first two months of 2018, Romania imported 1,453 million tons of crude oil equivalent, with 242,500 toes (20%)…
ArcelorMittal confirms it is ready to sell its plant in Galați (România)
ArcelorMittal announced in a press release that it has submitted a proposed divestment package to the EC to address concerns…
FIC: Romanian bureaucracy banishes new investors and discourages the present
Foreign investors consider that the bureaucracy makes Romania uncompetitive compared to other areas in Europe where they are doing business…
An energy crisis is looming in South-East Europe
Since the dissolution of the Eastern Bloc, energy production in Southeast Europe (SEE) has been stymied by chronic underinvestment. As…