Loading page...

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

Subscribe|Login

Energy & Environment

Transelectrica has made an open list with 20 strategic projects 

Thursday, August 12, 2021

The national electricity transporter Transelectrica has announced that they made up an open list of strategic projects, which will allow the flexibility of the Electrical Grid for Transport and the company proposes 20 projects at minimum, some of them being underway already, for which the acceleration of the implementation rhythm is necessary.     ‘The present level of development of the ...

EnviMin Tanczos: Two cases of letters of formal notice addressed to Romania, closed

Thursday, August 12, 2021

Minister of Environment, Waters and Forests Tanczos Barna said on Wednesday, after the Government meeting, that two cases of letters of formal notice addressed to Romania have been formally closed through the adoption of simple Ordinances on waste storage, and on packaging management, respectively."I presented in the Government meeting two simple Ordinances - one on waste storage and another on ways to manage packaging and packaging waste. Both legislative ...

Ten new fueling stations opened by Rompetrol throughout the country

Thursday, August 12, 2021

210812105413Statie_Zetarilor.jpg

The distribution division of the KMG International Group (Rompetrol) recently opened 10 new gas stations in several regions of the country, the company informs. Two of them were opened under the auspices of the Kazakh-Romanian Energy Investment Fund (FIEKR) - the station on Zetarilor Street in Bucharest, respectively the second station in Lugoj, Timis County.   They will serve heavily trafficked areas, ...

Senate plenary session, to tackle Gov't Ordinance on disconnection of gas&electricity debtors

Thursday, August 12, 2021

The Standing Bureau of the Senate has summoned the plenum, on Tuesday, starting with 14:00, in an extraordinary session for an information regarding the adoption by the Government, on August 5, during the parliamentary holiday, of OUG (Government Emergency Ordinance) 84/2021, through which provisions are repealed regarding disconnection of gas and electricity debtors.Through the OUG 84, article 72, paragraph 1, of OUG 70/2020 is canceled, namely the ...

ROMATOM: Romania's nuclear industry could provide 20,000 jobs thanks to new planned projects

Thursday, August 12, 2021

Romania's nuclear industry currently provides 11,000 jobs, and this number could increase to 20,000 as a result of the new nuclear construction projects planned, the Romanian Atomic Forum (ROMATOM) said in a statement.Also, the Romanian nuclear industry contributes 5.7 billion euros annually to the national GDP, acting as a driver for sectoral growth, development of education, research and nuclear innovation.On the sidelines of the recent official ...

Transelectrica SA starts carrying out 400 kV Gutinas-Smardan OHL project

Thursday, August 12, 2021

CNTEE Transelectrica SA has started carrying out a project called "Overhead line (OHL) 400 kV double circuit (d.c.) Gutinas-Smardan", financed from European non-reimbursable funds under operational programme large infrastructure (POIM) 2014 - 2020, the company announced on Friday."Works on the 400 kV OHL Gutinas-Smardan facility started this week with a meeting to start the execution activities. Together with the project team of CNTEE Transelectrica SA and the ...

Ministry of Energy: Romania, strengthening cooperation with Canada in nuclear field

Thursday, August 12, 2021

210812105816VDP_716x393.jpg

Romania strengthens nuclear cooperation with Canada after Energy Minister and Canadian Ambassador to Romania signed the Memorandum of Understanding between Romania's Ministry of Energy and Canada's Department of Natural Resources on consolidating Civilian Nuclear Cooperation, reads a press release of the ministry.The Memorandum was signed by Energy Minister Virgil Popescu and Canadian Ambassador to Romania Annick Goulet, on behalf of Canada's Minister of Natural ...

EnergMin Popescu after working meeting with Rompetrol: There are no problems with fuel stockpiles

Thursday, August 12, 2021

 Energy Minister Virgil Popescu said on Thursday that there are no problems with fuel stockpiles, after a working meeting with representatives of the Rompetrol company.OMV Petrom increased its diesel production and tripled its kerosene production to cover the market deficit after the closure of the Petromidia Refinery. The Petromidia Refinery, the largest in Romania, has been closed for almost a month, following an explosion."There are no problems ...

BRUA gas pipeline project phase 1 completed with 21 pct economy over value auctioned

Thursday, August 5, 2021

210805105329desc__rcare__20_.jpeg

The project of the BRUA gas pipeline, the first phase, concluded at the value of 377.4 million euro, 21 pct, or 101.1 million euro, more economical than the value at auction, according to a release of Transgaz sent on Wednesday to the Bucharest Stock Exchange (BVB)."The 'Development on Romanian territory of the National System for Natural Gas Transport on the Bulgaria-Romania-Hungary-Austria' project (BRUA project - phase 1) was completed on November 30, 2020 and ...

Rovina gold mining project in Romania close to getting final permits

Thursday, August 5, 2021

The operator of the gold project Rovina in central Romania, the Canadian company Euro Sun Mining (formerly Carpathian Gold), announces that it is still waiting for the construction permit to go ahead with the planned USD 400 mln ...

ENEL X ROMANIA BUILDS TWO PHOTOVOLTAIC POWER PLANTS WITH A TOTAL CAPACITY OF 2 MW, FOR NIMET

Thursday, August 5, 2021

210805105440enel_x_nimet.jpg

Enel X Romania, part of Enel X, the advanced energy services division of the Enel Group, is building two photovoltaic power plants with a total installed capacity of about 2 MWp, for Nimet Targoviste, chromed steel bars and pipes producer, the company informs.    The project has a value of about 1.5 million euros and involves the turnkey delivery of two systems that integrate over 4,100 ...

MET Group acquires a second wind park in Bulgaria

Thursday, August 5, 2021

Swiss-based energy company MET Group has acquired a 100% stake in a 60-megawatt wind park in Bulgaria, after signing a share purchase agreement with Spanish Grupo Enhol. The transaction is an important step in achieving MET’s renewables growth targets in the CEE region of 500 MW in operation by 2023 – with this acquisition MET will expand its operating wind portfolio in Bulgaria to 102 MW. Romania is another important market where the company is looking for ...

Volker Raffel is the new CEO of E.ON Romania

Thursday, August 5, 2021

Volker Raffel is the new CEO of the E.ON Romania Group starting with August 1, taking over the attributions from Manfred Paasch, who retired from the position he held for almost two years. From the same date, Mirko Strube became CFO of the group, and Dragos ...

Bodea (CRE): Energy will become an increasingly expensive product

Thursday, August 5, 2021

According to Corneliu Bodea, chairman of the Romanian Energy Centre (CRE) and CEO of Adrem , energy in general will continue to become an increasingly expensive product because we must begin to own its unsustainable use in the last 50-60 years."We've been talking so much about resilience in recent years, and I think that's good, because we're living times of development that are coming at us with a surplus of instability and difficult prediction. In such ...

Coal production dropped 25.7pct in first half of 2021

Thursday, August 5, 2021

Romania's net coal production totaled 1.287 million tonnes of oil equivalent in the first half of this year, up 25.7pct (263,000 toe), higher than in the same period last year, according to data centralized by the National Institute of Statistics (INS).Romania imported 161,600 toe of net coal in the reference period, with 14,500 toe (9.9pct) more than the quantity imported in the similar period of the previous year.The National Commission for ...

IFC Supports Climate Finance In Romania And Serbia To Drive Sustainable Growth

Thursday, August 5, 2021

IFC invested €42.5 million in a €500 million green bond issued by CTP N.V. (CTP), a sustainable European industrial and logistics property owner-developer. The green bond was issued under CTP’s €4 billion Euro Medium Term Note program and listed on the Euronext stock exchange in Dublin to fund green assets that promote a low-carbon and climate-resilient growth model.   Developing ...

Gov’t reconsiders abandoned 1GW pumped hydropower project Tarnita

Thursday, August 5, 2021

Government is reportedly discussing with four South Korean companies about reviving the 1GW pumped hydropower project at Tantita-Lapustesti. The project was abandoned a couple of years ago as not financially viable but sketched as desirable in the latest version of the national energy strategy draft. The project is estimated to cost around EUR 1 ...

Electrica pays EUR 13.2 mln for three wind park projects

Thursday, August 5, 2021

Romanian electricity group Electrica, with a focus on electricity supply and distribution, announced that it signed, as buyer three shares sales and purchase agreements for three wind farms from the Romanian-Swedish businessmen Emanuel Muntmark and Catalin Mrejeru, for a total price of EUR 13.2 mln.  The farms have a planned installed capacity of 207MW. One of the farms has a storage capacity ...

Cristina Pruna: Offshore wind investments, dependent on unblocking the legislation

Thursday, August 5, 2021

Offshore wind investments represent a strategic way for Romania to reach its future targets for renewables, but, unfortunately, they remain blocked by several administrative aspects, USR (ruling party) deputy Cristina Pruna told Energynomics.   Thus, “the first step towards unblocking investments is the elaboration by the government of the Maritime Spatial Planning Plan, which is also a European ...

The European Commission closed the investigation regarding the possible set up of a cartel between Transgaz and other companies

Thursday, July 29, 2021

The European Commission announced that they closed the investigation started in 2017 which regarded the possible establishment of a cartel between Transgaz and other companies in the domain of natural gas with the purpose of dividing the market, informs the natural gas transporter in a report sent to the Stock Exchange Bucharest on Tuesday.‘The National Society for Natural Gas Transport ‘ Transgaz’ SA informs on the fact that, starting with ...

Premium News

Daily

Friday, May 20, 2022

Financial & Banking

Monday, May 16, 2022

Economic

Tuesday, May 17, 2022

Companies

Wednesday, May 18, 2022

Energy & Environment

Thursday, May 19, 2022