The Bulgarian Chamber of Commerce and Industry supports less formalities for installing PVs
Bulgarian Chamber of Commerce and Industry raised its voice on the need of diversifying the gas supply sources right after…
Romania seeks ways of cooperation with Bulgaria on the energy field
Romania is interested in getting involved in the second phase of the development of the Southern Gas Corridor alongside Bulgaria,…
Energy imports increased by 300% in the first 5 months
Romania exported, in the first five months of this year, electricity worth 450 million euros, 182.4% more compared to the…
SustainAbility Talks: Romania will have a giant batteries factory
In order for the European Union to achieve its goal of climate neutrality by 2050, all Member States need to…
Energy Strategy Summit: Investors cannot define the medium and long term rate of return (IRR)
The rate of return on new energy investment (IRR) cannot be defined in the medium and long term, as current…
Russian companies in Romania can only operate under state supervision
The Government approved in Thursday’s meeting the Emergency Ordinance to complete the Government Emergency Ordinance no. 202/2008 on the implementation…
Dărăban: Romania does not have a database of vulnerable consumers that really need help
Romania does not have a database of vulnerable energy consumers that really need to be subsidized, so the public money…
Popescu: EIB has transferred 1.4 bln. euro to finance strategic projects in the energy sector
On Wednesday, the European Investment Bank (EIB) transferred approximately 1.4 billion euros from the Modernization Fund to finance strategic projects…
Chisăliţă: Romania will never be energy independent – the sacrifices would be very high
Romania will never be energy independent, as the economic and social sacrifices would be very high, just as it happened…
Ramona Chiriac: There is a real potential for Romania to become a champion of renewable energy
There is a real potential for Romania to become a champion of renewable energy, said the head of the Representation…
Popescu: Romania and Bulgaria sign the cross-border cooperation in the field of renewables
Energy Minister Virgil Popescu and his Bulgarian counterpart Alexander Nikolov signed the “Bulgaria-Romania Declaration of Support for the Cross-Border Renewable…
Romania supports the embargo on Russia, some CEE states have objections
Representatives of the EU states did not reach an agreement on Wednesday on an embargo on oil and petroleum products…
CRE proposes a Romanian-Danish dialogue for an efficient energy transition
The Romanian Energy Center Association, in partnership with the Romanian Embassy in Denmark, with the support of the Romanian Ministry…
The European Clean Hydrogen Alliance has announced a pipeline of over 750 projects
The European Clean Hydrogen Alliance has announced a pipeline of projects that European industry is undertaking to roll out the…
The price of natural gas is rising, amid declining production and more expensive imports
Romania’s natural gas production fell below 9 billion cubic meters (bcm) in 2020, to its lowest level since 1970, since…
Foreign direct investment in Romania tripled in H1
Foreign direct investments in Romania reached 3.138 billion euro in the first half (H1) of 2021, up by 215% compared…
Denmark, Estonia, Latvia and Romania see biggest increase in EU industrial production prices in June
The prices of products coming out of factory doors increased by 1.4% in the euro area and the European Union…
The price paid by Romanians for electricity has risen faster than the European average in the last 11 years
The price paid by the population for electricity has increased by 50% since 2009; more than half of the increase…
Virgil Popescu: Bulgaria – Greece gas interconnector will be completed by July 2022
The Bulgaria-Greece gas interconnector will be completed by July 2022, so that the Romanian BRUA pipeline will be able to…
Chipirliu, Euler Hermes: Romania’s forecasts have been positively revised, inflation to calm down
Romania’s Gross Domestic Product growth forecasts for 2021 have been repeatedly revised positively during the last period, the projection of…
OMV Petrom’s hydrocarbon production decreased by 3.7% in Q2
OMV Petrom’s hydrocarbon production in the second quarter of this year (Q2) was of 133,700 barrels of oil equivalent (boe)/day,…
PeWeTe has launched in Romania its new regional hub for well services
Petro Welt Technologies (PeWeTe) officially launched its new base of operations dedicated to Romania and the Central and South-Eastern European…
EY: Two third of investors plan new operations in Romania
The COVID-19 pandemic has impacted Foreign Direct Investment levels across the globe. In 2020, investors were looking at the way…