Browsing: Romania

Romania can start the process to build the third and fourth unit of its nuclear power plant Cernavoda with US support as the European Commission (EC)…

Romania aims to meet 30.7 % of its energy demand from renewable sources by 2030, compared to current 24.4 %. According to the draft of Romania’s…

In the first nine months of 2020, oil royalties fell by 21 %, primarily due to declining oil prices said Director General of the National Agency…

The restructuring and decarbonization plan of EC Oltenia was conceived and structured over a period of five years, during which the company must become viable by…

Romanian Government abandoned the project of construction of new coal-fired power plant. According to CCE Bankwatch Network, Romanian Minister of Economy and Energy Virgil Popescu said…

The project aims to create a green hydrogen value chain connecting the renewables capacities in southeastern Europe with the growing interest in hydrogen in western Europe.…

In order to increase the bio-blending capacity and improve the infrastructure for transporting, unloading, and storing bio-components within the refinery, The largest Romanian oil and gas…

The new offshore hydrocarbon law will keep the windfall tax, but will increase the threshold over which this tax will apply, said State Secretary at the…

For its restructuring and decarbonizing plan worth 3.5 billion euros, coal-based electricity producer Energy Complex (EC) Oltenia is near to obtain the approval of the European…

The drop in EBITDA resulted from lower deliveries and lower prices – both reflecting subdued demand. According to quarterly financial report of investment fund Fondul Proprietatea,…