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Energy & Environment
Electrogrup starts installing 16 recharging e-charging stations in Oradea
Thursday, August 26, 2021
The constructor and supplier Electrogrup has taken over the location and will soon begin the execution of the contract for the installation of 16 charging stations for electric vehicles in the public parking lots in ...
Restart Energy One in Romania concluded a private round of investments of 21 million euros
Thursday, August 19, 2021
Restart Energy One, one of the biggest independent suppliers of electricity and natural gas in the local market, announced on Monday the conclusion of a private round of investments with Tejas Capital (USA) for 21 million euros. „ Restart Energy One, one of the biggest independent suppliers of electricity and natural gas in the local market, announced the conclusion of a private round of ...
Rompetrol Rafinare's financial results in the first half of 2021
Thursday, August 19, 2021
Rompetrol Rafinare, member company of the KMG International Group, recorded increasing financial results in the first half of this year, compared to the same period of 2020, as a result of the increase in sales, along with the positive evolution of international quotations for petroleum products. "The relaxation of the restrictive measures, ...
Romania to adopt Single-Use Plastics Directive
Thursday, August 19, 2021
Minister of the Environment, Waters and Forestry Tanczos Barna wrote on Friday on his Facebook page that his ministry has been working for several months on implementing in Romania the European Union Directive on the reduction of the impact of certain plastic products on the environment, also known as the Single-Use Plastic (SUP) Directive and that this process will end next week with the government adopting the directive."I am glad that there are companies that ...
Romgaz records net profit worth 761.6 million RON in the first semester
Thursday, August 19, 2021
Romgaz has reported a net profit worth 761.6 million RON after the first half of this year, dropping by 4.9 pct compared to the 800.8 million RON net profit recorded in the same period of last year, according to the half-year report sent by the company to the Bucharest Stock Exchange (BVB).Romgaz had a turnover of 2.250 billion RON in the first six months of the year, a 2.58 pct increase over the similar period of 2020.The incomes of the company were ...
Nuclearelectrica registers rise in net profit by 12.3%, to 385.4 million RON, in H1
Thursday, August 19, 2021
The National Company Nuclearelectrica (SNN) registered, during the first half of this year, a net profit of 385.393 million RON, rising by 12.3%, in comparison with the similar period of 2020, according to the company's financial results, published on the Bucharest Stock Exchange (BVB).At the same time, the exploitation result (EBIT) registered a leap of 17.1%, and EBITDA a growth by 9.9% reported to the reference period.Furthermore, exploitation ...
Transelectrica reports 104 million RON net profit after first half of year, 10 pct drop
Thursday, August 19, 2021
Transelectrica reported a net profit worth 104 million RON after the first half of the year, a 10 pct drop compared to the similar period of last year, according to the Half-Yearly Report sent by the company to the Bucharest Stock Exchange (BVB).In the January - June 2021 period, the company obtained operational income worth 1.42 billion RON, an increase of 30 pct over the corresponding period in 2020, the advance being determined, mainly, by the increase in the ...
Polish oil company Serinus Energy suspends explorations in Romania
Thursday, August 19, 2021
Polish oil company Serinus Energy plc (AIM:SENX, WSE:SEN), discovered gas at Sancrai-1 exploration well in northwestern Romania perimeter it operates, on July 15, but the testing programme was unable to record the flow of gas in the selected zones. Therefore, it suspended explorations pending further technical studies to better understand the structure and evaluate the options ...
EBRD: Cernavoda - Tritium Removal Facility
Thursday, August 19, 2021
Project description The proposed project is to construct a tritium removal facility (TRF) at the Cernavoda nuclear power plant, owned by S.N. Nuclearelectrica SA, the Romanian state-owned nuclear power company. Nuclearelectrica operates two CANDU (Canada Deuterium Uranium) units at its Cernavoda Nuclear Power Plant (Cernavoda NPP): Unit ...
E-DISTRIBUTIE MUNTENIA EXPANDS THE GRID IN JILAVA PROVIDING ELECTRICITY ACCESS FOR 250 FAMILIES FROM DISADVANTAGED BACKGROUNDS
Thursday, August 19, 2021
E-Distributie Muntenia expanded its electrical grid by almost 2 kilometers, following an investment exceeding 1.7 million lei. 250 families from disadvantaged backgrounds now have access to electricity, ...
Electrical energy consumption of population up by 8.3 pct in first six months
Thursday, August 19, 2021
The final electrical energy consumption rose by 7 pct in the first six months of this year, compared to the similar period of last year, on the backdrop of an 8.3 pct increase in the consumption of the population, according to data from the National Institute for Statistics (INS) published on Thursday."The final consumption of electrical energy in this period was of 27594.3 million kWh, by 7.0 pct higher than in the corresponding period of 2020; public ...
Energy group Electrica sees 60% lower profit in first half
Thursday, August 19, 2021
Electrica, the biggest electricity distributor and supplier in Romania, recorded a 60% drop in its consolidated net profit in the first half of 2021 compared to the same period of last year. The group posted a net profit of RON 76.1 mln (EUR 15.5 mln), down from almost RON 190 mln in H1 2020. The drop was mainly due to higher purchase costs for electricity and natural gas purchased for resale by Electrica’s supply ...
The Sitemani company has become green energy producer
Thursday, August 12, 2021
E.ON Energie Romania has installed a photovoltaic unit which generates annually 155.7 MWh for the food producer Sitemani in Sibiu, which become green energy producer. ‘E.ON Energie Romania and Sitemani, one of the best known food producers in the country finalised a project for green energy production, worth over 155,000 euro. The photovoltaic electric unit generates annually 155.7 MWh and ...
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
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
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 ...