Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS

Subscribe|Login

Energy & Environment

Michele Abbate, the new GM of Enel Energie and Enel Energie Muntenia

Thursday, September 14, 2017

Michele Abbate is the new general manager of Enel Energie and Enel Energie Muntenia, the two energy providers owned by Enel Group in Romania, a press release informs quoted by romaniajournal.ro. Michele Abbate has 25 years experience within the Enel group, with a large expertize on sales and customer care. His career started in 1992 in the business area dedicated tot he customer management. He has held various key positions, such as Head of Center ...

Rovinari Mining Exploitation will be activated as of September 15, 2017 until April 30, 2018

Thursday, September 14, 2017

The Rosia Lignite warehouse within the Rovinari Mining Exploitation will be activated and partially used as of September 15, 2017 until April 30, 2018, according to a Government Decision adopted at the sitting on Wednesday. This thing will allow the ...

Final energy consumption down 1.2 pct in first seven months

Thursday, September 14, 2017

The final electricity consumption dropped by 1.2 pct in the first seven months of this year as compared to the same period in 2016, to almost 31.8 billion kWh, reads a press release of the National Institute of Statistics (INS) sent on Tuesday  "The final electricity consumption during this period was 31.796 billion kWh, 1.2 pct lower than in the ...

Competition Council is scrutinising the acquisition by Transeastern Power B.V. of OMV Petrom Wind Power S.R.L

Thursday, September 14, 2017

The Competition Council is scrutinising the acquisition by Transeastern Power B.V. of OMV Petrom Wind Power S.R.L. Transeastern Power B.V. is a holding Dutch company owning shares in various other entities. It operates ...

Prospex Oil and Gas raises £650,000 to fund Romanian drilling project

Thursday, September 14, 2017

UK-based Prospex Oil and Gas said on Friday it has raised £650,000 (709,175 euro) to fund a drilling project in Suceava county, in northeastern Romania, seenews.com informs. Prospex has raised the sum via an oversubscribed placing of 185.7 million ordinary shares of 0.001 GBP each at a price of 0.35 pence per new ordinary share, the AIM-quoted investment company said in a press release. The net proceeds of the placing will ...

Romanian Pavilion at EXPO Astana hosted a conference on energy and bio-based economy clusters

Thursday, September 14, 2017

 The energy and bio-based economy clusters, the Danube Energy Hub concept and a series of innovative energy solutions were presented at the "Bioeconomy, sustainability and economic cooperation in the Eurasian area and implications for the EU strategy for the Danube region" conference, hosted by the Romanian Pavilion at EXPO Astana, informs ...

ANRE representative criticized the Government for failing to take measures to protect vulnerable consumers

Thursday, September 14, 2017

Minister of Energy Toma Petcu's statements on the functioning of the market represent a manipulation and the politicization of the National Energy Regulatory Authority (ANRE) will surely attract an infringement procedure against Romania from the European Commission, Florin Tobescu, ANRE head of service stated at the "Energy Plugged-in" conference, organized by the Bursa ...

MEPs agree to bolster EU’s draft renewable energy target for 2030

Thursday, September 7, 2017

The European Parliament’s energy committee confirmed on Monday (4 August) that MEPs want renewable energy targets to be more ambitious than the proposal put forward by the Commission, euractiv.com reads. Monday’s meeting of the Committee on Industry, Research and Energy (ITRE) saw MEPs debate 1,300 amendments to the European Commission’s initial proposal for a new directive on promoting renewable energy sources. ITRE is the lead ...

Energy Ministry will update energy strategy project until October

Thursday, September 7, 2017

170907100748enewable_energy_fossil_fuels.jpg

The Ministry of Energy set up a work group to update Romania’s Energy Strategy Project for 2017-2030, by mid October. The document will continue a list of priority investments in the sector, as well as for reactors 3 and 4 from Cernavoda, Tarnita hydro power plant and a new group at Otlenia Energy Complex, said Andrei Marioreanu, secretary of state in the Energy Ministry. “Romania has now an energy strategy approved in 2007, which included ...

FONDUL PROPRIETATEA: UNFOUNDED AND ABUSIVE ACTION OF THE MINISTRY OF ENERGY TAKEN AT HIDROELECTRICA’S GSM ON 31 AUGUST 2017

Thursday, September 7, 2017

 At Hidroelectrica’s GSM on 31 August 2017, the Ministry of Energy, representing the Romanian State as majority shareholder of Hidroelectrica, approved its own proposal for the initiation of court proceedings against Oana Truta, Hidroelectrica Supervisory Board member, Fondul Proprietatea said în a statement sent to ACTMedia. This situation automatically triggers the revocation of Ms. Truta from her position as Board member. Fondul ...

PM Tudose on Rosia Montana: exploitation of natural resources must be done with respect for the environment by the Romanian Government

Thursday, September 7, 2017

170907100921Rosia_Montana1.jpg

Prime Minister Mihai Tudose said on Tuesday that a middle ground should be sought in the case of Rosia Montana gold mining project, noting that he does not support gold ...

Transgaz out of competition to buy Greece’s gas grid operator

Thursday, September 7, 2017

The joint venture of Romanian company Transgaz and French firm GRTgaz, which were on the short list to buy a 66% stake in Greece’s natural gas grid operator DESFA, were disqualified from the tender, romania-insider.com reports. The shareholder structure of the two groups is not completely separate, as required by a European directive, according to the Greek publication Kathimerini. “The rating ...

Romanian Energy Minister Toma Petcu in Sofia: BRUA is a project of common interest,

Thursday, September 7, 2017

17090710101608_gazoduct_brua_harta_605x.jpg

Romanian Energy Minister Toma Petcu and his Bulgarian counterpart Temenuzhka Petkova met on Tuesday in Sofia to discuss the establishment of a power contingency plan to be accessed by either state in critical situations, like that occurred in the previous winter, the Energy Ministry said in release on ...

More than 11.6 million euros collected in August from trading greenhouse gas emissions certificates

Thursday, September 7, 2017

The state collected more than 11.6 million euros in August from trading greenhouse gas emissions certificates for the stationary installations on the common auction platform of the European Union (EU), reads a document published on the website of the Ministry of Public Finance ...

"CROSSBOW" project was selected to be financed by EU

Thursday, September 7, 2017

The "CROSSBOW" (CROSS BOrder management of variable renewable energies and storage units enabling a transnational Wholesale market) project was selected to be financed by the European Commission within the Horizon 2020 Programme, the Transelectrica informs in a release sent on Friday ...

Head of Romanian Wind Energy Association (RWEA) steps down

Thursday, September 7, 2017

The head of the Romanian Wind Energy Association (RWEA) Ionel David stepped down after his term at the helm of the association expired, business-review.eu informs. David joined RWEA in 2009 and brought an important contribution to the development of the association, as well as to legislation in the field, the association said. The association is headed by Adrian Borotea, who took on the position of  interim director ...

European power grid operators cook up ‘App Store’ for smart grids

Thursday, September 7, 2017

 Grid operators from all over Europe are currently finalising plans to launch a digital information exchange platform that will serve as a basis for developing new digital applications to manage electricity flows and take up growing amounts of renewable energy, euractiv.com informs. ENTSOE-E, the pan-European electricity network operators association, is currently putting the finishing touches to an IT roadmap that will include common ...

The energy programme for the winter 2017 – 2018 costs 3.5 billion lei

Thursday, August 31, 2017

170831095457images.jpg

The winter programme in the energy sector will need a total financing of 3.5 billion lei out of which 3.1 billion lei for the fuel necessary for the production of energy between 15 November 2017 – 15 March 2018 and 412 million lei for the works of repair of the units, according to the draft decision of government initiated by the ministry of energy. Thus, the authorities show that the necessary stocks would be constituted until the 15th November ...

Over 47 million euros available to reduce carbon emissions in South-Eastern urban areas

Thursday, August 31, 2017

170831095554images__1_.jpg

Luminita Mihailov, the director of the Agency for South-Eastern Regional Development, announced on Tuesday in Galati, that the financial funds allocated on projects for carbon emission reduction in urban areas as part of POR 2014-2020 is over 47 million euros and projects can be sent over September 20, 2017 - March 20 2018. “The financial allocation devoted to projects for the reduction of carbon emissions in urban areas, based on plans of ...

PM Mihai Tudose: We will try to withdraw the Rosia Montana file from UNESCO

Thursday, August 31, 2017

Prime Minister Mihai Tudose said on Tuesday he does not believe that the Romanian state will lose in the lawsuit against Gabriel Resources, which demands damages of USD 4.4 billion for not awarding the gold mining project at Rosia Montana and has accused the Dacian Ciolos Government that in the last days of the mandate has submitted the necessary documents to UNESCO to declare the entire area naturally protected, which is why there will be no more exploitations there, if ...

Premium News

Daily

Friday, January 19, 2018

Financial & Banking

Monday, January 15, 2018

Economic

Tuesday, January 16, 2018

Companies

Wednesday, January 17, 2018

Energy & Environment

Thursday, January 18, 2018