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information on the energy sector

OPEC EXPECTS GLOBAL ENERGY DEMAND TO SKYROCKET THROUGH 2040, THANKS TO INDIA AND CHINA / ENERGYNOMICS.RO

Global energy demand is set to skyrocket over the next two decades, OPEC said in its latest annual outlook, with India and China the most important contributors to this growth.

17.11.2018 · OPEC

E.ON TO BUILD 475 MW WIND FARM IN SWEDEN

- E.ON will build a 475-megawatt (MW) wind farm in Sweden, which will be one of the largest onshore wind farms in Europe, the German company announced Friday.

17.11.2018 · GERMAHY

BAGHDAD, ERBIL AGREE TO RESUME KIRKUK OIL EXPORTS

Iraq’s federal government and the Erbil-based Kurdish Regional Government (KRG) have reached a tentative agreement to resume oil exports from Iraq’s northern city of Kirkuk to Turkey’s Ceyhan seaport on the Mediterranean coast.

17.11.2018 · BAGHDAD

STATE CONTROL PLANNED FOR ELPE HYDROCARBON HOLDING COMPANY / ENERGYPRESS.EU

The Greek State will hold a majority 51 percent stake and ELPE (Hellenic Petroleum) 49 percent in a new hydrocarbon holding company to serve as an umbrella corporation for various firms, existing and future, with ELPE exploration and production rights in various areas, according to a government plan incorporated into ELPE’s ongoing privatization effort offering investors 50.1 percent of the petroleum firm.

17.11.2018 · GREECE

REPSOL, ELPE NEARING FINALIZED DEAL FOR NEW IONIAN SEA BLOCK / ENERGYPRESS.EU

EDEY, the Greek Hydrocarbon Management Company, and a consortium comprising Spain’s Repsol and ELPE (Hellenic Petroleum) have completed negotiations for exploration and production rights at a new Ionian Sea block on offer.

17.11.2018 · GREECE

HIDROELECTRICA ANNOUNCES RCSECORD PROFIT, 5.6 BILLION LEI WORTH INVESTMENTS, RENEWABLES INCLUDED/ ENERGYNOMICS.RO

Bogdan Badea, Chairman of the Hidroelectrica Directorate, expects the profit in 2018 to exceed 2 billion lei, despite the drought over the year, which will persist in the coming months. In the first three quarters, the company has already recorded net production and profits higher than those for the full year 2017.

10.11.2018 · ROMANIA

PHOTON ENERGY STARTED CONSTRUCTION AS EPC CONTRACTOR IN HUNGARY ON EIGHT PHOTOVOLTAIC POWER PLANTS 5.5 MWP IN TOTAL / ENERGYNOMICS.RO

Photon Energy announces that its subsidiary Photon Energy Solutions HU Kft started construction as EPC contractor on eight photovoltaic power plants with a total capacity of 5.5 MWp in Almásfüzitő, Hungary.

10.11.2018 · ROMANIA

RWEA: 1,200 MW BY 2030- TOO LITTLE; ENERGY STRATEGY – A CONTRADICTORY THEORY, EXPENSIVE FOR CONSUMERS / ENERGYNOMICS.RO

RWEA – Romanian Wind Energy Association expresses its concern about the Energy Strategy proposed by the Ministry of Energy, which ignores the current technical, economic and climate trends and proposes measures contrary to the stated objectives, to the detriment of consumers, the association announced.

10.11.2018 · ROMANIA

ENERGY EFFICIENCY – GOOD PRACTICES AND SERVICES AVAILABLE IN ROMANIA (OCT 17) / ENERGYNOMICS.RO

The sixth event organized by energynomics.ro in the series “Energy Efficiency for Big Results” brought together seven speakers in Craiova, representing all the relevant perspectives on the proposed theme. Over 50 participants have contributed to the success of a quality dialogue under the title „Energy Efficiency for Flexibility and Financial Sustainability”.

10.11.2018 · ROMANIA

ADDITIONAL DIVIDENDS: ROMGAZ – 500 MLN. LEI, NUCLEARELECTRICA 238 MLN. LEI / ENERGYNOMICS.RO

Romgaz announced in a notice sent to the BSE that on November 7, 2018, the Board of Directors of the Company, endorsed the request of the majority shareholder of Romgaz, the Romanian State through the Ministry of Energy, regarding the distribution in 2018 of an additional dividend 1.30 lei/share, for a total amount of approximately 501 million lei.

10.11.2018 · ROMANIA

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