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Energy & Environment

ROPEPCA requires the amendemtn of the law of oil, which has been unchanged for 15 years

Thursday, January 16, 2020

The Association of the Companies for oil exploitation and production in Romania (ROPEPCA) requires the authorities to amend significantly the law of oil, no.238/2004, which does not correspond to the present realities in the market.‘It is an law old of 15 years and it is time to modify it from several points of view. Firstly, it is about the access of oil companies to the areas, for exploitation. At present, if the owner of the area does not agree, the company can sue him, ...

Transgaz: the works on the gas pipeline Ungheni-Kishinev will be ready during the first quarter of this year

Thursday, January 16, 2020

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Transgaz assures that the works on the gas pipeline Ungheni-Kishinev are on schedule and will be ready during the first half of this year, as an answer to a series of articles appeared in the press in the Republic of Moldova, according to which the pipeline will be finalized next year, the press release says.‘Referring to the articles ‘ The Iasi-Ungheni-Kishinev pipeline will be ready in 2021 to deliver natural gas from Romania to the Republic of Moldova’ ...

Oil companies in the whole world expect the new round of bids for the areas in Romania

Thursday, January 16, 2020

Oil companies in the world expect the starting  of Round XI for oil perimeters concessions in Romania when 22 onshore areas and six offshore areas will be for bidding, stated Stephen Birell, the chairman of the Associatin of Oil Exploitation and Production Companies in Romania (ROPEPCA) in a meeting with the press. He showed that, although the National Authority for Mineral Resources (ANRM) stated as open the round IX for the bidding since last summer, the announcement has not been ...

Iohannis on Exxon's pulling out of Black Sea offshore project: A matter of concern to us

Thursday, January 16, 2020

President Klaus Iohannis said on Thursday that the opening of the new TurkStream pipeline is no problem for Romania, but emphasized that Exxon's selling its stake in the Black Sea offshore gas project is a matter of concern to our country."The opening of the TurkStream gas pipeline isn't a problem for Romania, because we don't get our supply via this line and Romania's supply isn't a problem anyway, it's a settled issue that works very well. On the other hand, the sale of Exxon's ...

OMV fuel production reaches record level in quarter 4

Thursday, January 16, 2020

The Austrian group OMV announced on Tuesday it had reached the equivalent of 500,000 barrels  of oil per day in quarter 4, 2019, thanks to the purchase of big projects in Abu Dhabi, Malaysia and New Zealand, a press release informs. Production obtained by the division in Romania grew slightly. Over October-December 2019, OMV's hydrocarbon production went up to a record equivalent  of 505,000 barrels of oil per day, from 480,000 barrels per day in quarter 3, while ...

Energy production down, population consumption up by 22.5 pct in first 11 months of 2019

Thursday, January 16, 2020

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During 1.I – 30.XI.2019, primary energy resources increased by 2.2%, while those of electricity decreased by 4.3% as compared to the same period of previous year. Energy production dropped in first 11 months of this year by 7.9 pct, a significant decline being noted also in exports of electric energy, by 39.5 pct, while the population's consumption grew by 22.5 pct, according to data of the National Institute for Statistics published on ...

Mercedes-Benz Romania and ENGIE Romania announce partnership to promote electric mobility

Thursday, January 16, 2020

Mercedes-Benz Romania and ENGIE Romania announced a new partnership at a national level, promoting the Elvi charging stations, produced by EVBox, a company owned by ENGIE. The partnership marks an attempt to facilitate access to a home charging station for Mercedes-Benz and smart EQ clients who choose to buy electric or hybrid plug-in cars. Those interested can benefit from an integrated package of consulting services, installation, maintenance, online monitoring, and technical ...

Transgaz seeks a lawyer to help it avoid major fine by competition body

Thursday, January 16, 2020

Transgaz, the company that operates the natural gas transport system in Romania, wants to purchase consultancy, assistance and legal services, as it risks a fine from the Competition Council of about 4% of its turnover. The company summoned an Extraordinary General Meeting of Shareholders (AGEA), on February 10, to give managers the approval for spending up to EUR 100,000 with such services, ...

Romanian energy projects worth 11 bln. euro through the 10d mechanism (e-nergia.ro)

Thursday, January 16, 2020

The total value of the energy projects that have already been centralized at the level of the Ministry of Economy, Energy and Business Environment in order to be selected for financing from European funds through the 10d mechanism amounts to almost 11 billion euro, according to e-nergia.ro. There are a total of 396 projects submitted. Of the 10.96 billion euros, as the total value, most are aimed at investments in the field of renewables, followed by those in gas generation ...

CE Oltenia holds second place among the top Romanian energy producers

Thursday, January 16, 2020

In 2019, CE Oltenia produced approximately 12.4 TWh and delivered in the national system over 11 TWh, covering a market share of about 22%, and in the periods of the year with low hydraulicity and wind intensity reached a market share of more than 30%, maintaining second place in the top of the Romanian energy producers. In 2019, CE Oltenia operated on average with 7 energy groups, the company announced, on its own site. The company participated in all the tenders organized by the ...

Iorgulescu: Program for prosumers, in AFM evaluation; start depends on budget approval

Thursday, January 16, 2020

The program for installing photovoltaic panels by the prosumers will start after the approval of the AFM budget by the government, and now the applications are under evaluation, told energynomics.ro Andrei Iorgulescu, Director of the General Projects Directorate, Administration of the Environmental Fund (AFM). “We start evaluating applications. Once we have the budget we will start publishing the lists with the approved ones. If we have the budget at the end of February – ...

Climate at mercy of politics in 2020, experts warn

Thursday, January 16, 2020

2020 is the most crucial year yet for humanity’s plan to dodge the bullet of catastrophic global warming, experts said Saturday, warning that the narrow path to safety was riddled with pitfalls, from the US election to Brexit, euractiv.com reads. When nations struck the 2015 Paris agreement, which aims to limit temperature rises under 2°C, they agreed on five-year periods in which climate action could be implemented, assessed and boosted. 2020 is the year the ...

Last year was Europe’s hottest ever, EU data shows

Thursday, January 16, 2020

The year 2019 was the hottest ever recorded in Europe, the European Union’s climate monitor said in its round-up of the hottest decade in history, euractiv.com informs. Data released by the Copernicus Climate Change Service (C3S) showed that worldwide temperatures were just 0.04 degrees Celsius lower than 2016, when temperatures were boosted 0.12 degrees Celsius by a once-in-a-century El Nino natural weather event. The five last years have been the hottest on record, ...

ENEL ACHIEVES THE CERTIFICATION ON ISO 37001 STANDARD - ANTI-BRIBERY MANAGEMENT SYSTEM 

Thursday, January 16, 2020

Seven companies from Enel Group in Romania certified with ISO 37001, an international standard that recognizes the existence of an effective anti-bribery management system.   At the end of 2019, seven companies part of Enel Group in Romania have obtained the ISO 37001certification, an international standard that acknowledges that companies have a solid anti-bribery management system in place, the company informs în a release sent to ...

Exxon Mobil negotiates with Lukoil and PGNiG the sale of its shares from the area Neptun Deep in the Black Sea

Thursday, January 9, 2020

The Americans of ExxonMobil negotiate with the Russians of Lukoil and the Poles in PGNIG the sale of their shares of 50% in the oil area Neptun Deep in the Black Sea, stated on Monday for AGERPRES sources in the energy sector. ‘Exxon is discussing with the two companies. The discussions with Lukoil are quite advanced’ the mentioned sources said.On 19th November Adrian Volintiru, the general manager of Romgaz stated for AGERPRES that the company ...

Russia and Ukraine agree on gas transit via Ukraine to Europe - Gazprom

Thursday, January 9, 2020

Russian gas giant Gazprom said on Friday that Russia and Ukraine have signed a protocol of agreement to continue transit of Russian gas to Europe via Ukraine. The company added that both countries have agreed to settle mutual claims over gas issues. Statement of Vice-President Maroš Šef?ovi? on the positive outcome of trilateral gas talks Brussels, 20 December ...

EurActiv Analyse: Russia and Ukraine finalise gas deal just ahead of New Year deadline

Thursday, January 9, 2020

Moscow and Kyiv on Monday (30 December) signed a five-year agreement on the transit of Russian gas to Europe via Ukraine, after months of difficult talks but just ahead of a looming New Year deadline, euractiv.com informs. The current gas transit deal between the two ex-Soviet countries expires Tuesday and ties between them have been shredded since Moscow annexed Crimea in 2014 and supported a separatist insurgency in eastern ...

Additional line to Turkish Stream would face US sanctions

Thursday, January 9, 2020

US sanctions will apply to any additional lines to the Russia-sponsored pipeline Turkish Stream, EURACTIV has learned. Serbia has already competed and Bulgaria is building expensive infrastructure to import gas from Turkish Stream and carry it to Hungary and Austria. On 20 December, US President Donald Trump imposed sanctions on two offshore pipelines designed by Moscow to bypass Ukraine and increase gas supplies via the Baltic Sea to Germany (Nord ...

How US sanctions could hit Russia’s Nord Stream 2 gas project

Thursday, January 9, 2020

US President Donald Trump imposed sanctions last December on the Nord Stream 2 pipeline designed by Moscow to bypass Ukraine and increase gas supplies via the Baltic Sea to Germany, Russia’s biggest energy customer. The United States wants to sell more of its gas to Europe and has said the pipeline would make the continent too reliant on Russia, which is at loggerheads with Washington over a series of issues, including Moscow’s interference ...

Greece, Israel, Cyprus sign EastMed gas pipeline deal

Thursday, January 9, 2020

 Greece, Cyprus and Israel on Thursday signed last Thursday, January 2, a deal to build a 1,900 km (1,180 mile) subsea pipeline to carry natural gas from the eastern Mediterranean’s rapidly developing gas fields to Europe. Although Turkey opposes the project, the countries aim to reach a final investment decision by 2022 and have the pipeline completed by 2025 to help Europe diversify its energy resources. European ...

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