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Energy & Environment
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
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 ...
OMV Petrom signs transfer contract of 40 crude oil and gas deposits to Dacian Petroleum SRL
Thursday, January 9, 2020
OMV Petrom has signed a contract on the transfer of 40 onshore crude oil and gas deposits in Romania to Dacian Petroleum SRL, in the context of an activity transfer, according to a press release of the energy company sent to the Bucharest Stock Exchange (BVB). The 40 deposits to be transferred are located in the south of Romania and have a combined crude oil and gas production of approximately 1,700 barrels of oil equivalent (boe)/day, representing about 1 ...
Conpet increased by 4% the transport tariff through the National System of oil, gas, ethane
Thursday, January 9, 2020
The national transport of oil Conpet Ploiesti increased by 4% the transport tariffs through the National System of Transport of oil, gasoline and ethane and the new tariffs are valid starting with 31st December 2019. The representatives of the company stated on Friday for News.ro that the increase of 4% both for the activity of the subsystem country and for the activity of the import subsystem. For the activity of the subsystem country the ...
PM Orban wants establishment, expansion of gas networks countrywide be made on EU funds
Thursday, January 9, 2020
Prime Minister Ludovic Orban said on Sunday, in Horezu, that the establishment and expansion of gas networks is a priority for the Government and that he will negotiate with the European Union that these investments be made with European funds."I announce the Romanians, especially those from the localities that are not connected to the gas network, that we have requested that in the financial year 2021-2027 the establishment of gas networks or the expansion of ...
Saipem wins onshore drilling contracts in Romania
Thursday, January 9, 2020
Italian oil and gas industry contractor Saipem said on Friday it has been awarded new contracts and extensions on existing contracts in onshore drilling for new works that will be executed in Romania, Bolivia and Peru. The contracts related to the Onshore Drilling Division encompass 19 land-rigs located in the Middle East, with power between 1500 and 2000 HP, and their duration range from three up to ten years, Saipem said in a press ...