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Energy & Environment

In Romania, the degree of filling of underground gas deposits is about 42%, the EU average being 58%

Thursday, July 7, 2022

Romania has filled just over 40% of its natural gas storage deposits, despite the broad concerns related to the disruption in the supply of Russian natural gas during the coming winter ...

Energy minister advises Romanians to turn off unnecessary lights to reduce need for imports

Thursday, July 7, 2022

Energy minister Virgil Popescu has advised the public to try to cut back on their energy consumption in order to reduce the dependency on Russian gas imports. A national campaign on energy efficiency will also be rolled out, the minister ...

Govt. prolongs until end-2023 financing of Iernut power plant

Thursday, July 7, 2022

The Government of Romania prolonged to the end of 2023 the deadline for the completion of the projects financed from the sale of the CO2 certificates distributed for free to Romania, with a view of allowing the completion of state-controlled gas company Romgaz MW gas-fired plant at ...

Gov't passes emergency ordinance on decarbonisation of Romania's energy sector

Thursday, July 7, 2022

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The government will be allowed to postpone the closure of some coal-fired energy facilities and related mining and quarrying operations or restart closed energy facilities and related mining and quarrying operations in the event of an energy crisis, according to an emergency ordinance passed on ;ast Thursday."In an energy crisis, the Romanian government, at the proposal of the Ministry of Energy, may take a decision to postpone the closure of coal-fired ...

Transelectrica prepares to welcome the new wave of renewables to the grid

Thursday, July 7, 2022

The National Transport Operator Transelectrica is preparing to welcome the new wave of renewables to the grid, said George Vi?an, Director of the company’s Energy Markets Division, at ...

CE Oltenia: The eight solar parks in collaboration with OMV Petrom and Tinmar Energy will be ready in 2024

Thursday, July 7, 2022

CE Oltenia is developing its own photovoltaic parks in collaboration with OMV Petrom and Tinmar Energy and will put them into operation in 2024, said Sorin Alecu, Director of Strategy CE Oltenia, at ...

Iohannis: Romania, the first country in Europe to implement US SMR technology

Thursday, June 30, 2022

President Klaus Iohannis said on Wednesday that Romania is the first country in Europe where the new American technology of small modular reactors (SMR) will be implemented."This selection was made because on the sidelines of the COP 26 meeting in Glasgow we had a meeting with Mr Kerry, the United States special presidential envoy for climate; meetings, contacts between ministries happened before as well, but then we decided together to go this way. Romania is the ...

Iohannis: Ensuring energy security, shared objective of Romanian-American strategic partnership

Thursday, June 30, 2022

President Klaus Iohannis congratulated the announcement of US president Joe Biden, on Twitter, on Sunday evening, regarding the financing design studies of small modular reactors (SMR) in Romania, specifying that ensuring energy security represents a common objective of the Romanian-American strategic partnership.The US Government, along with the NuScale Power LLC (Tigard, Oregon) American company, will offer 14 million dollars for supporting design and ...

Simtel Team will build photovoltaic power plants for the Carmistin Group

Thursday, June 30, 2022

Simtel Team, a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange, announces the signing of a partnership with Axell Green Energy, part of the Carmistin Group, one of the largest players in the agri-food market in Romania, which aims to build and install photovoltaic power plants for some of the group’s locations.   “The market context in which we find ...

Eurostat: Romania, among the EU countries with the largest increases in CO2 emissions generated by energy use

Thursday, June 30, 2022

Carbon dioxide (CO2) emissions generated in the European Union by burning fossil fuels – mainly oil and petroleum products, natural gas, coal and peat – increased by 6.3% in 2021, when most restrictions were lifted compared to 2020, shows data released on Friday by the European Statistical Office (Eurostat). Romania is among the countries whose emissions have increased more than the European ...

SOCAR considering options for gas supplies to Romania

Thursday, June 30, 2022

State Oil Company of Azerbaijan Republic (SOCAR) has 67 filling stations and three fuel storage facilities in Romania, SOCAR Vice President Kanan Najafov said at a meeting of Azerbaijan-Romania intergovernmental ...

Mecanica Ceahlau seeking EU financing for 0.4 MWp PV plant

Thursday, June 30, 2022

Romanian agricultural machinery manufacturer Mecanica Ceahlau [BSE:MECF] said that it is seeking financing through the National Recovery and Resilience Programme, for a 1.7 million lei ($362,434/343,635 euro) investment in a 0.4MWp photovoltaic (PV) power plant, ...

OMV Petrom to start production of aviation fuel

Thursday, June 30, 2022

Romania's top oil and gas group OMV Petrom [BSE:SNP] said on Thursday it will produce sustainable aviation fuel (SAF) at the Petrobrazi refinery by co-processing locally produced rapeseed oil.   The first test run volumes are planned in July, OMV Petrom said in a press release. This test run was based on a successfully completed first rapeseed oil co-processing pilot ...

TeraPlast Group seeking EU co-financing for 4.56 MWp PV plant

Thursday, June 30, 2022

Romanian construction materials manufacturer TeraPlast Group said that it is seeking co-financing through the National Recovery and Resilience Program, PNRR, for a 19 million lei ($4 million/3.8 million euro) investment in a 4.56 MWp photovoltaic (PV) power plant.   The photovoltaic plant will be located in TeraPlast's Saratel Industrial Parc in Bistrita-Nasaud county, the group said in a statement filed ...

BSOG's Beacom says company has no war risk insurance for Black Sea gas projects

Thursday, June 30, 2022

Black Sea Oil and Gas (BSOG) does not have war risk insurance for the Ana and Doina natural gas fields, which have recently started production, but the project moves forward, BSOG CEO Mark Beacom said on Tuesday.He participated in a ceremony at Vadu, Constanta County, to mark the start of natural gas exploitation under the Midia project operated by BSOG. The first gas from these blocks entered the national grid on June 15.According to Beacom, ...

Romania to host the climate Change Summit on October 4th and 5th

Thursday, June 30, 2022

Over 50 international speakers and 500 participants will take part in the first edition of the Climate Change Summit, to be held on October 4-5th at the Odeon Theatre in Bucharest. Researchers, entrepreneurs and decision-makers from Romania and abroad, as well as innovators from the corporate world and NGOs, will present ideas for a sustainable future. The mission of ...

Rompetrol publishes its 2021 Sustainability Report

Thursday, June 30, 2022

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Rompetrol publishes its eighth sustainability report, drafted according to international reporting standards and shows the environmental, social, governance and market performance of the Group for the 2021 interval; the report bears the assurance of an audit firm.   "2021 continued to be defined by challenges and changes, with the pandemic, deepening economic uncertainties, volatile refining margins and ...

Azomures announces the temporary suspension of ammonia production due to the price of natural gas

Thursday, June 23, 2022

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The Azomures unit has announced the temporary suspension of ammonia production due to the price of natural gas, saying that they will produce fertilisers until the depletion of existing ammonia stock. The production was already suspended from the same reason in December 2021, being resumed in April this year. At that moment,the company said that ‘ supply with natural gas is difficult, with levels of price which lead to high prices for fertilisers, even with the help of ...

Study: The state, the main beneficiary of fuel prices; the optimal solution would be to lower taxes

Thursday, June 23, 2022

The Romanian state is the main beneficiary of fuel prices, so that the best measure for the lowing of prices would be the reduction of excise and VAT, while capping would be worse than better, shows an analysis made by the Association Intelligent Energy (AEI).An analysis of the cost estimates for oil products at the pump shows that, compared to the same day in 2021, the price at the pump is 63% ...

Crude oil production falls by 6pct in first four months of 2022

Thursday, June 23, 2022

 In the first four months of 2022 Romania produced 973,500 tons of oil equivalent (toe) of crude oil, down 61,700 toe (6%) from the similar period of 2021, according to data with the National Institute of Statistics (INS).Imports of crude oil in the same period amounted to 2.13 million toe, 621,600 toe (22.6%) below those of January-April 2021.According to estimates of the National Strategy and Forecast Board, Romania's 2022 crude oil production ...

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