RSS
Energy & Environment
EurActiv: Romanian refinery business airs ‘geopolitical’ fears
Thursday, June 2, 2016
The head of the Romanian company supplying crude oil to the country’s refineries has warned of a ‘geopolitical situation’ that may block the Black Sea and dry up the sector, unless the EU helps build pipelines to bring crude oil from the Italian port of Trieste. Liviu Ilasi, director general ...
Romania is losing 100 million tonnes of waste a year
Thursday, May 26, 2016
Romania is losing 100 million tonnes of waste a year that could be turned into energy, with most of the waste coming from agriculture, director general of the Ecohornet company Iuliean Hornet told a biomass and biogas conference in Bucharest on ...
CEOCOR: Fighting Corrosion of Water and Gas Pipelines for a Better Tomorrow
Thursday, May 26, 2016
Experts from across the world have come together to discuss new solutions in the field of cathodic protection and the corrosion of metal constructions and materials. Organised by Energetika.NET under the auspices of Plinovodi, the CEOCOR conference is taking place this week, for the first time in Ljubljana, Slovenia. Cathodic protection is an “active” way of protecting steel constructions from water or ground corrosion. It complements the ...
Nobel Oil Downstream opens a second filling station in Romania
Thursday, May 26, 2016
Nobel Oil Downstream is opening its second filling station in Romania. The unit, for which construction works took three months to finish, is located in Constanta, on 154 Soseaua Mangaliei, business-review.eu informs. “The opening of this gas station is a very good sign and shows that UK investors are ready to continue working in Romania. I am glad that it is a modern gas station and I’m sure it will be useful to citizens in Constanta ...
Romania's Energy Strategy 2016-2020: Romania's electricity to use various primary energy sources
Thursday, May 26, 2016
Competitiveness and modernisation in Romania's electricity generation sector could be approached by gathering the current producers that use various primary energy sources, reads a report by an electricity working group related to Romania's Energy Strategy 2016-2020, with an eye to 2050 posted for public debate on the website of the Energy ...
EurActiv:The EU needs bioenergy – and it must be sustainable
Thursday, May 26, 2016
Over the past few months, tense debates on the sustainability of biomass used for energy production have arisen. Most stakeholders seem to agree on one point: we need an EU policy to ensure the sustainability of biomass, writes Harri Laurikka (Harri Laurikka is the CEO of the Bioenergy Association of Finland). The policy is needed to secure investments, to set a level playing field among member states and to provide answers to questions and ...
Romgaz proposes the dissolution of Amgaz, gas storage operator
Thursday, May 26, 2016
Romgaz administrators propose the dissolution and liquidation of Amgaz, the company that operates Nade? gas storage unit (in Mure? county), according to a document issued by the gas producing company controlled by the Romanian state, energynomics.ro informs. The proposal will be voted by the shareholders during the meeting on 16 June. Amgaz, a company founded in 2003, is owned by ENGIE (65%) and Romgaz (35%). Romgaz management proposes to shareholders ...
Fossil fuel industry: Divest or be divested
Thursday, May 26, 2016
April marked the twelfth month in a row where a new global temperature record has been set. May has also broken records: thousands of climate activists all over the world called for an end to fossil fuels during the global “Break Free Week”, write Reinhard Bütikofer and Marjan Minnesma for EurActiv.com.( Reinhard Bütikofer is co-chair of the European Green Party and Marjan Minnesma is director of Dutch NGO ...
Ministry of Energy publishes draft law on minimum crude oil reserves
Thursday, May 19, 2016
According to lexology.com, the Ministry of Energy published the Draft Law on the establishment and maintenance of a minimum level of crude oil and petroleum product reserves (“Draft Law”). The Draft Law is necessary to replace current Law no. 360/2013, as last year the European Commission requested that Romania correctly implements Council Directive 2009/119/EC. The Draft Law aims to ensure the security of Romania’s oil and petroleum supply ...
5,163 MW at end-March 2016 from renewable sources
Thursday, May 19, 2016
The capacities producing electricity from renewable sources reached a total installed output of 5,163 MW at end-March 2016, according to the data centralized by ...
Reuters: Transelectrica Q1 net profit down 21.6 pct y/y
Thursday, May 19, 2016
Romanian state-owned power grid operator Transelectrica * Says its net profit decreased by 21.6 percent to 99 million lei ($24.99 million) in the first quarter against 126 million lei in January-March 2015. * Says fixed assets decreased by 2.2 percent at the end of the first quarter mainly after recording the tangible and intangible assets ...
Reuters: Transgaz posts 13 pct fall in Q1 net profit
Thursday, May 19, 2016
Romanian state-owned gas pipeline operator Transgaz *Says its first-quarter net profit fell 13 percent on the year to 172.5 million lei ($43.59 million), against 199.3 million lei in January-March 2015. * Says reported net profit was higher than budget estimates for the quarter. * Says operational income rose 4 percent on the year to 482.4 million lei. Earnings per share stood at 14,65 lei, down from 16,93 in the same quarter of last ...
Reuters: Electrica Q1 net profit rise 11.8 pct y/y
Thursday, May 19, 2016
Romanian state-owned power utility Electrica * Says its net profit posted a 11.8 percent rise on the year to 142 million lei ($35.84 million) in the first quarter. * Says profit rise led by the overall improved performance, despite the decrease of the finance income of 0.9 million lei or by 12.8 percent and the increase of the income tax expense of 11.7 ...
Nuclearelectrica posted in Q1 a net profit of 66.861 million lei
Thursday, May 19, 2016
National Company Nuclearelectrica posted in Q1 of this year a net (unaudited) profit of 66.861 million lei, by 88.68pct higher than in the similar period of 2015, when it stood at 35.435 million lei, according to data sent to on Friday to the Bucharest Stock Exchange. The ...
Law for Romania's joining the Convention for the establishment of a European Organization for Nuclear Researches, adopted
Thursday, May 19, 2016
President Klaus Iohannis has promulgated on Friday a law which aiming at Romania's acquiescence to conventions and protocols referring to the European Organization for Nuclear Research. According to a release by the Presidential Administration, the head of state has ...
PRIMARY ENERGY RESOURCES DECREASED BY 0.3% IN THE FIRST QUARTER OF 2016
Thursday, May 19, 2016
- In Q I 2016, as compared to Q I 2015, primary energy resources decreased by 0.3%, while those of electricity increased by 2.1%. Final electricity consumption in Romania stood at 14.336 billion KWh in the first quarter of 2016, up 8.5 percent from Q1, ...
ANRE asks gas market deregulation as of July 1
Thursday, May 19, 2016
The Regulatory Authority for Energy (ANRE) has asked the Ministry of Energy to abrogate as of July 1 the Government Decision that established the calendar for deregulating the market for natural gas for household, ANRE President Niculae Havrilet said on Thursday in a specialist ...
Romgaz official: the imported natural gas is competing with domestic production in terms of price
Thursday, May 19, 2016
Romania's natural gas company Romgaz can no longer sell its entire production, because the imported natural gas is competing with domestic production in terms of price, Vlad Pavlovschi, head of the Business Development Department of this state-owned company, said on Thursday during a specialist a ...
EurActiv: Greece freezes Poseidon pipeline talks over Turkey-Russia deadlock
Thursday, May 19, 2016
* Athens is not planning to advance talks on the Russia-backed Poseidon pipeline, seen as a direct competitor to the EU-backed TAP pipeline, during a forthcoming visit of Russian President Vladimir Putin’s to the country, EurActiv.com informs. Greece on Tuesday (17 May) launched construction on a 550-kilometre section of the Trans-Adriatic Pipeline (TAP), with Prime Minister Alexis Tsipras eager for the 8,000 jobs it will bring to the country’s ...
MOL Group Retail sales in Romania grew 20% in the first quarter of 2016
Thursday, May 12, 2016
MOL Group Retail sales in Romania (including fuels, LPG and lubricants) grew 20% in the first quarter of the year compared to the same period last year, from 121 kt to145 kt, on the back of a larger service stations network. In January-March 2016, diesel fuels sales were up 20%, at 104 kt, while gasoline sales increased 16%, at 36 kt. MOL service station network in Romania included 206 stations end-March, after the ...