- Oil & Gas
IEA Cuts Global Oil Demand and Price Forecasts for 2025
Growth in global oil demand in 2025 will be below previous forecasts, following weak economic activity in China and North…
Read More » - Construction
Tarnita-Lapustesti Hydropower Plant: Hurdles, Upsides and Prospects
Construction of the Tarnita-Lapustesti pumped storage hydropower plant in Cluj County, one of the most important projects for the Romanian…
Read More » - Oil & Gas
Vertical Corridor Protects Romania from a Gas Crisis
On the occasion of the first winter coordination meeting this year, Energy Minister Sebastian Burduja said that in case Romania…
Read More » - Oil & Gas
Transgaz Brings Natural Gas to Serbia
Transgaz CEO Ion Sterian recently had a meeting in Bucharest with the management of the counterpart state-owned company ‘Srbijagas’, represented…
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Transgaz Ranks 4th Among EU TSOs
Thanks to its strategic investments, Transgaz is today the fourth largest transmission system operator (TSO) in the European Union in…
Read More » - Power
Tarnita-Lapustesti Mega-hydropower Plant, a Project of National Strategic Importance
The Tarnita-Lapustesti pumped-storage hydropower plant (Cluj County), which should have a capacity of 1,000 MW, is one of the oldest…
Read More » - Power
New Significant Milestones for Nuclearelectrica
The project to build the Doicesti small modular nuclear reactors (SMRs) is moving to the next phase, after Societatea Nationala…
Read More » - Oil & Gas
‘Black Sea Shore-Podisor’ Gas Pipeline Project Launched
The National Gas Transmission Company Transgaz and Turkey’s Kalyon Insaat Sanayi Ve Ticaret Anonim Sirketi organised the launching ceremony of…
Read More » - Power
Grids for Europe Energy Transition Unprepared to Support Renewable Capacity Growth
European Union countries systematically underestimate the speed at which renewable energy sources will be added to grids in their development…
Read More » - Oil & Gas
Extended Support for the Vertical Corridor
The Vertical Corridor, a European gas pipeline system involving TSOs of seven countries – Greece, Bulgaria, Romania, Hungary, Slovakia, Moldova,…
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Transgaz in 2023: A 150% Higher than Budgeted Profit
Transgaz’s individual net profit was RON 159.9 million in 2023, 56% lower than in 2022, but 150% higher than budgeted,…
Read More » - Oil & Gas
Decoupling From Russian Gas: Vertical Corridor
An important step towards the activation of a bi-directional corridor of natural gas flows from Greece to Ukraine and vice…
Read More » - Environment
ANRE Report: Barriers to Grid Connection of New Renewable Energy Capacity
The lack of legislative levers to prevent the development of potentially speculative investments, as well as the lack of a…
Read More » - Marketplace
Electrica Group’s Activity Marked by Increased Profitability
In the first nine months of 2023, EBITDA at Electrica Group level recorded a solid increase by 13.5%, or RON…
Read More » - Renewables
European Wind Power Action Plan
As Europe’s major wind turbine manufacturers have all suffered losses on the back of project numbers, the European Commission is…
Read More » - Environment
Sustainable Energy and Climate: Trends and Projections
Greenhouse gas emissions fell by two percent last year in the European Union (EU) compared to 2021 levels, according to…
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Iernut, Mintia and Isalnita: New Hot Spots on the Energy Map in Romania
Energy Minister Sebastian-Ioan Burduja has asked Duro Felguera and Romgaz to speed up work on the new combined cycle gas…
Read More » - Renewables
European Court of Auditors Warns: Offshore RES Targets Can Be Hard to Reach
The development of offshore renewable energy (RES) in Europe yields ambiguous results, warns the European Court of Auditors (ECA) in…
Read More » - Renewables
Hidroelectrica Building a Giant Photovoltaic Park
Hidroelectrica, Romania’s largest electricity producer, has put out to tender a contract for the purchase of a feasibility study for…
Read More » - Oil & Gas
Tosçelik, Supplier for Romania’s Black Sea Gas Pipeline Project
Romania’s Transgaz this year has started work on the Tuzla – Podisor gas pipeline, which will link Black Sea gas…
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