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DENISSON ENERGY GETS A $ 2 MILLION BRIDGE LOAN FROM FREE FOR DEVELOPING CNG STATIONS / ENERGYNOMICS.RO

The Romanian Energy Efficiency Fund – FREE has granted a $ 1.96 million bridge loan to Denisson Energy (Sibiu) to support a total investment of nearly $ 6 million. This is the 41st grant agreement of FREE’s, and thus the Fund reaches a volume of $26 million allocated for promoting projects for efficient energy use and capitalization of renewable energy sources.

03.02.2019 · ROMANIA

DIESEL PRICES RISE FOR THE THIRD WEEK IN A ROW, GASOLINE PRICE UNDER 5 LEI/LITER IN CONSTANȚA ALONE / ENERGYNOMICS.RO

The price of diesel has risen for the third week in a row, this time by around 0.2%, at Petrom stations monitored by energynomics.ro in eight major cities of Romania: Bucharest, Iasi, Timisoara, Cluj-Napoca, Brasov, Oradea, Constanta and Craiova. In the same interval, the average price of Petrom’s standard gasoline rose by 0.59%.

03.02.2019 · ROMANIA

ROMGAZ AND SAPE INTEND TO BUILD A NEW GAS AND ELECTRICITY SUPPLIER / ENERGYNOMICS.RO

Romgaz, one of the two largest gas producers in Romania, will build a joint-stock company in association with the the Company for the Administration of Energy Stakes – SAPE, with the supply of natural gas and electricity as main activity. The decision was made at the beginning of the week by the Ordinary General Meeting of the Shareholders of Romgaz, according to a document sent to the Bucharest Stock Exchange – BVB.

03.02.2019 · ROMANIA

GE TO INSTALL AND TEST A ‘PROTOTYPE’ OF VAST 12-MEGAWATT TURBINE IN THE NETHERLANDS / ENERGYNOMICS.RO

GE Renewable Energy has signed an agreement with Future Wind to install the first Haliade-X 12 MW wind turbine prototype in Maasvlakte-Rotterdam, the Netherlands, this summer.

03.02.2019 · THE_NETHERLANDS

A. VOLINTIRU: GEO 114/2018 CUTS 20% TO 25% FROM REVENUES AND PROFIT OF ROMGAZ IN 2019 / ENERGYNOMICS.RO

UPDATE 31.01.2019 In a press release sent to the Bucharest Stock Exchange on January 31, Romgaz comes up with some clarifications on estimates of expected earnings and profit for 2019. We selected the relevant paragraphs below. „Up until now both E.G.O. 114/2018 together with the calculations made by Romgaz specialists are in progress and Romgaz has drafted several scenarios relating to the possible impact of the legislative act on the current work context. Any possible subsequent amendments will result in a re-evaluation of these scenarios.

03.02.2019 · ROMANIA

IOT IN ENERGY – GLOBAL TRENDS ARE STRONGER THAN LOCAL SPECIFICS (EBC, JAN 29) / ENERGYNOMICS.RO

The first edition of this year’s Energy Breakfast Club series – “IoT in and for the Energy Industry”, brought together at Cesianu Racovita Palace in Bucharest four speakers representing very diverse organizations. Each of them, along with over 60 people in the audience, recognizes the importance of Internet of Things – IoT technologies, but each has brought into attention different aspects, also colored in different emotions. One conclusion after 2 hours of free and open debates is that deep trends, such as are the global trends, remain relevant in Romania, even though the situation here is and appears to faster become disconnected from the European and global realities. The first presentation came from Tomasz Wolanowski, Country Managing Director of ABB Romania.

03.02.2019 · ROMANIA

EU ENERGY EFFICIENCY RULES ADAPTED IN VIEW OF BREXIT / ENERGYNOMICS.RO

The EU is updating the energy consumption figures in the newly revised energy efficiency directive to take account of the Brexit, EU officials said.  This technical adjustment, which concerns projected EU energy consumption in 2030, was endorsed Wednesday by EU member states’ Ambassadors, paving the way for a speedy adoption. The update will enable the EU to measure its progress towards its energy efficiency and climate objectives as well as provide legal certainty for both member states and businesses in a Union of 27.

03.02.2019 · BREXIT

FRANCE TO DOUBLE RENEWABLES CAPACITY UNDER 10-YEAR ENERGY PLAN / ENERGYNOMICS.RO

France plans to double its renewable energy capacity with a system of regular tenders under a draft 10-year energy strategy plan published on Friday.

03.02.2019 · FRANCE

ISLAMIC BANK TO LEND PAKISTAN OIL WORTH $4.5 BILLION

Islamic Development Bank to lend oil worth $4.5 billion in three years, Pakistani official said

27.01.2019 · ISLAMIC_BANK

TURKEY SEIZES SMUGGLED GOODS WORTH SOME $630M IN 2018

Trade minister says value of smuggled goods captured by officials surged 20 percent on yearly basis

27.01.2019 · TURKEY

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