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Energy & Environment

Rompetrol Rafinare moves to Industry 4.0, on investment estimatated at 4mln US dollars

Thursday, April 11, 2019

Rompetrol Rafinare is close to finalizing the implementation of the first phase of Advanced Process Control (APC), a digital solution with an estimated cost of about 4 million US dollars, which will allow for the improvement of the production activities of the Petromidia Navodari refinery, according to a company report sent on Tuesday to the Bucharest Stock Exchange."It is an important step in the processing of crude oil in Romania, the alignment with ...

Engie-led consortium buys Petrobras’s pipeline unit TAG for USD 8.6 bn

Thursday, April 11, 2019

Engie has won a bid for TAG, the pipeline unit of Brazil’s Petrobras, with an offer of USD 8.6 billion, boosting Engie’s presence on a fast-growing sector and helping Petrobras cut its debts, according to Reuters. Engie’s offer for a 90 percent stake in TAG was made through a consortium that includes Engie and Canada’s Caisse de Dépôt et Placement du Québec (CDPQ). TAG accounts for 47 ...

ENEL ROMANIA APPOINTS VALERIU BINIG AS REGULATORY AND ANTITRUST AFFAIRS DIRECTOR

Thursday, April 11, 2019

Enel Romania appoints Valeriu Binig as Director of the Regulatory and Antitrust Affairs Department Claudia Brandus is moving to Brussels, in the European Affairs Department of the Enel Group Enel Romania appointed Valeriu Binig as Regulatory and Antitrust Affairs Director, while Claudia Brandus, who previously coordinated the regulatory activities, joined Enel ...

Servicii Energetice Muntenia closed the insolvency proceedings

Thursday, April 11, 2019

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Electric Power Company announces the closure of the insolvency proceedings of Servicii Energetice Muntenia, part of the Electrica Group. The decision was taken by the Civil Division of the Bucharest Court, which on April 3, 2019, found the closure of the insolvency proceedings. Also, the court ordered all measures for the company’s re-entry into business activity, according to the graft certificate issued on 4 April 2019 by the Bucharest ...

Energy Union ‘completed’, as Commission’s final stocktake debuts

Thursday, April 11, 2019

EU officials are satisfied with how the bloc’s internal energy market has taken shape over the last five years, but will acknowledge in a final stocktake due later on Tuesday (9 April) that energy efficiency and renewables targets still need work. Hundreds of hours of negotiations and nearly five years later, the Energy Union is “completed” according to EU climate boss Miguel Arias Cañete, who told EURACTIV that it is now the ...

The Competition Council started an investigation regarding the possible rigging of bids organized by the Oltenia Energy Unit

Thursday, April 4, 2019

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The Competition Council announced on Wednesday that they started an investigation regarding a possible rigging of the bids organized by the Oltenia Energy Unit. ‘The Competition Council started an investigation regarding a possible rigging of some bids organized by the Oltenia Energy Unit for the acquisition of rolls and skates for conveyor belts for coal’ the press release says., The authority suspects that the ...

ANRE: Romania aims renewable energy target of 27.9pct by 2030

Thursday, April 4, 2019

Romania's target for renewable energy sources for 2030 is 27.9pct and we hope that the European Commission accepts a target below the average level of Europe, said Zoltan Nagy-Bege, Vice President of the Energy Regulatory Authority (ANRE), at the WindEurope Conference & Exhibition, in Bilbao."Our number one priority, as a country, is to finalize the Integrated National Energy and Climate Plans and to negotiate with the European Commission the target for ...

Romania must respond EC by May 25 for failing to correctly implement Gas Directive

Thursday, April 4, 2019

Romania was given a postponement to respond to the European Commission regarding the infringement procedure opened in early March for the incorrect implementation of the Gas Directive; the deadline is May 25, said vice-president of the National Energy Regulatory Authority Zoltan Nagy-Bege, attending the WindEurope Conference & Exhibition in Bilbao."An infringement procedure against Romania was voted on March 7 for failing to correctly implement the Gas ...

Commissioner Canete: EC demands that member states eliminate regulated prices

Thursday, April 4, 2019

The European Commission is demanding that the member states open their electricity and gas markets and eliminate regulated prices, with the introduction of some protection measures only for vulnerable consumers, European Commissioner for Climate Action and Energy Arias Miguel Canete told a joint press conference held in Bucharest with Romanian Energy Minister Anton Anton on Tuesday.Canete answered the questions of the journalists who told him that there is no ...

European Commissioner for Energy: BRUA gas pipeline, fundamental for EC, regardless of its route

Thursday, April 4, 2019

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The BRUA gas pipeline is fundamental for the European Commission and it is important for the gas to reach Austria regardless of the route to be decided, European Commissioner for Climate Action and Energy Miguel Arias Canete said on Tuesday in Bucharest."BRUA is a fundamental project for the European Commission because it will allow natural gas to reach Hungary and Austria from Bulgaria and Romania. At the moment we are not discussing how the gas reaches Hungary, ...

Power transmission and distribution networks need EUR 10 billion investment

Thursday, April 4, 2019

Electricity transmission and distribution networks needs investments of more than EUR 10 billion to replace infrastructure with an outdated life, according to a press release by the Association of Energy Utilities Companies (ACUE). ACUE believes that the Government’s decision to increase the ROI of invested capital is a message addressed to electricity and natural gas transmission and distribution operators to invest in networks and diversify ...

Reuters: Black Sea Oil & Gas gets Romania gas project permit, but frets over new taxes

Thursday, April 4, 2019

Romanian-based Black Sea Oil & Gas received a construction permit from the country’s energy ministry on Friday for an offshore gas project, but it said new taxes could make it hard to go ahead with the development, Reuters correspondent reports. The company, controlled by private equity firm Carlyle Group LP, discovered two wells holding an estimated 10 billion cubic meters of gas in 2008 some 120 kilometers offshore in the Black ...

Gov't caps gas price only for households and district heating plants

Thursday, April 4, 2019

The government decided at its Friday sitting to amend OUG No. 114/2018 so that the price for domestic gas be capped at 68 lei per MWh only for households and district heating plants that supply heat to households, Energy minister Anton Anton announced at the end of the meeting.OUG No. 114/2018 initially capped the gas price at 68 lei per MWh for both household and industrial consumers.The Energy minister also announced that OUG No. 114/2018 will be ...

Romania pilloried for coal power leniency

Thursday, April 4, 2019

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Romania could face legal action after environmental groups lodged a complaint with the EU over allegedly lax penalties against coal power polluters in the Eastern European country, euractiv.com informs. EU rules on industrial emissions say it is up to national governments to decide how to penalise installations that break pollution limits. According to a complaint filed by green groups ClientEarth and Greenpeace Romania, fines ...

Nuclearelectrica will pay almost 120 million dollars to the company General Electric for the maintenance of unit 1 and 2 in Cernavoda

Thursday, March 28, 2019

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Nuclearelectrica signed with General Electric Global Services GmbH/GE Global Parts&Products GmbH an agreement for the maintenance and repairs of some of the parts of unit 1 and 2 CNE Cernavoda, worth almost 120 million dollars, according to a report sent on Tuesday to the Stock Exchange Bucuresti. The agreement last for eight years.‘The National Company Nuclearelectrica SA (SNN) informs the shareholders and investors on the signing of an agreement with ...

Government to pay EUR 24 mln to close unprofitable coal mines

Thursday, March 28, 2019

Energy Ministry prepares to pay RON 113 million (EUR 24 million) this year to the two major coal energy producers in Romania, Oltenia and Hunedoara Energy Complexes, in order to finance the closure of uncompetitive coal mines. These amounts are granted on the basis of a European Commission decision approved in December 2010 on state aid to facilitate the closure of uncompetitive coal ...

PATRES: Eliminating the 2% contribution to coal energy producers is a clear discrimination

Thursday, March 28, 2019

Eliminating the 2% contribution to coal power producers represents clear discrimination against other market operators, and this tax should be canceled for everyone, says Martin Moise, vice president of the Organization of Employers for Energy Generation from Renewable Sources in Romania (PATRES). “It is obvious that the removal of the coal-only contribution is a discrimination and it may be state aid. I am ...

Romanians pay more than the European average for duty-free fuels

Thursday, March 28, 2019

The price of duty-free fuels in Romania continues to be higher than the European Union average, and in the case of gasoline, the price increase over the last four weeks was higher than that at the level of the EU block, according to the European Commission’s Oil Bulletin. In Romania, gasoline without taxes currently costs EUR 0.536 per liter, while the EU average is EUR 0.518 per liter. For comparison, in mid-February, gasoline was EUR 0.501 ...

ANRE:  household gas and electricity prices won’t increase this year

Thursday, March 28, 2019

The price of gas and electricity for household consumers won’t change before the end of this year, according to National Energy Regulation Authority vice president Zoltan Nagy-Bege. “For households, prices won’t grow. For electricity, the March 1 prices have already been approved and have not been changed, and we’ll maintain this price until the end of the year,” said Bege. He said the same thing ...

ANRE: Businesses Ioan Niculae, among domestic gas beneficiaries, at a capped price

Thursday, March 28, 2019

Only 81 companies, both gas suppliers and industrial consumers, will have something to gain as a result of the controversial emergency ordinance 114, which caps the price of gas sold by producers at RON 68/MWh, Hotnews.ro reports. The 81 companies will receive cheap gas directly from consumers, according to a decision by the National Energy Regulation Authority (ANRE). Other industrial consumers ...

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