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Climate change is sending shivers down the spines of governments around the world. Things are no different at the Victoria Palace either. Romania has set ambitious goals in the fight against climate change, aiming to achieve climate neutrality...

The modernization and development of the energy transport and distribution networks for which an estimated financing of between 9.2 and 11.5 billion euros is needed and the achievement of storage capacities of at least 1.2 Gigawatts (GW) by 2030,...

The Board of Governors of the European Central Bank (ECB) decided, yesterday, to reduce the reference interest rate by 0.25%, marking a new step towards the moderation of the restrictive monetary policy, according to a press release issued by the...

Modificarea legislaţiei europene privind publicitatea în mass-media audiovizuală, pentru a permite promovarea vinurilor, în contextul în care consumul se află în scădere din anul 2010 încoace, reprezintă una dintre temele de dezbatere al...

The amendment of the European legislation regarding advertising in the audiovisual media, to allow the promotion of wines, in the context in which consumption has been decreasing since 2010, is one of the topics of debate at today's scheduled...

The diesel markets in China and India, responsible for most of the Asian demand profile, are showing signs of slowing down, which could create new problems for crude oil prices, reports Bloomberg.

În ciuda faptului că multe ţări au trecut de la combustibilii fosili spre cei mai curaţi, consumul mondial de cărbune a atins 164 de Exajouli (EJ) în 2023, nivel record al tuturor timpurilor, conform unei analize Visual Capitalist care...

Despite many countries switching from fossil fuels to cleaner ones, global coal consumption will reach an all-time high of 164 Exajoules (EJ) in 2023, according to a Visual Capitalist analysis highlighting coal's role in the energy mix...

The Green Photovoltaic House program is financed with 2 billion lei and the applications will be able to be submitted during this month, said Mircea Fechet, the Minister of the Environment, Water and Forests, during a press conference held on...

The National University of Science and Technology Politehnica Bucharest (UNSTPB) signed a contract worth over 29 million lei for an ambitious project to install photovoltaic systems on 56 buildings on its campuses. Financed through the...

Faced with a shortage this summer, Athens' water management operator will activate additional sources to strengthen the supply network of the Greek capital, according to an announcement cited by AFP. The additional sources are located in...

A severe drought has made tap water undrinkable in several towns in Spain's Costa Blanca region, forcing tourists and locals to queue at bottled water dispensers to meet their needs. base, reports Reuters. Against the backdrop of the drop in...

• Europe has made substantial investments in green energy infrastructure to reduce dependence on Russian gas, according to Insider 

Putin is escalating the war to a global scale by successively adopting, over the past year, new legal norms (read...

Stopping the aging process has always been a challenge for humans. A recent study, published in the journal Nature Aging and conducted by researchers from Stanford University and Nanyang Technological University in Singapore, brings new insight...

The projects to complete the Răstoliţa and Bumbeşti-Jiu hydropower plants will continue despite the opposition of the non-governmental organizations that are sabotaging the efforts of the Romanian state, declared yesterday the Minister of Energy,...

Art can find its place anywhere. The works made within the "Art (and Ecology) at the Seashore" project were exhibited on the seafront in Eforie Sud, where they will remain until the end of August. European artists Meri The Zu and Reinier...

The International Energy Agency (IEA) yesterday kept its forecast for global oil demand unchanged in 2024, but downgraded estimates for 2025, citing the impact of Chinese consumption, according to Reuters.

The indices of the Main Market of the Bucharest Stock Exchange (BVB) had slight increases in July, before the sharp fall at the beginning of this month, caused by factors external to our country.

The middle of the calendar summer constituted a real challenge for the national energy system, in view of the increase in electricity consumption due to a prolonged period of 10 consecutive hot days, when temperatures of over 40 degrees in the...

The projects regarding the modernization of equipment and the implementation of energy management systems within several companies in our country will be started soon, after yesterday the Ministry of Energy signed 27 financing contracts in this...

Global energy consumption has significant regional variations due to differences in levels of industrialization, climatic conditions, population density and access to natural resources, as well as differences in energy policies and economic...

Temperature records are no longer uncommon, but they must be marked. July 2024 was the hottest month ever recorded in China since the beginning of meteorological measurements, Chinese state media announced, as the heat wave affects several areas...

The main indices of the Bucharest Stock Exchange (BVB) marked a succession of new historical records in the first half of the year, in a general international context conducive to risky assets, boosted by internal elements such as the financial...

• 1st January 

The social and political convulsions of the first three months of the current year left their mark on the entire semester, because the PSD-PNL coalition turned to the state piggy bank to calm them down. Thus, the Ciolacu government decided to...

George Simion, the president of the Alliance for the Union of Romanians and candidate of this party in the presidential elections of November 24, offers houses to all the people. Simion's offer? 35,000 euros for a two-room apartment of 50-52...

The Oltenia Energy Complex (CE) is preparing to put into operation two more energy groups, which will increase the company's total production to over 1200 Megawatt hours, according to Gazeta de Sud daily, citing sources from the state...

The current situation we are facing is based on several major systemic causes, claims Dumitru Chisăliţă, president of the Intelligent Energy Association.

The heatwave during this month showed the limits of the national energy system, limits that the Government seeks to solve with firefighting measures, which energy experts claim are only valid in the short term and do not solve the systemic...

This month, suppliers face huge prices on the balancing market, prices that have even reached a level of 16,000 lei per Megawatt, Laurentiu Urluescu, president of the Romanian Energy Suppliers Association (AFEER), told us.

The Federation of Associations of Energy Utility Companies (ACUE) requests the Energy Regulatory Authority (ANRE) to establish for the operators of natural gas distribution networks a remuneration rate for the invested capital different from that...

The increase in energy production in the strip, regardless of the source, represents "the discovery" of Prime Minister Marcel Ciolacu and the members of the Energy Command in order to reduce blackouts and consumers to permanently benefit...

The upward trend started by the indices of the Bucharest Stock Exchange (BVB) since the summer of last year continued in the second quarter of this year, with the main share baskets of our market setting new historical records, between April and...

• April 9 

The budget deficit continued its decline in the second financial quarter as well, its growth being a little smoother compared to the first three months of 2024. Thus, if at the end of March the budget deficit recorded for the first quarter stood...

Due to the existence of an oligopoly in the energy balancing market, which imposes ever higher prices, a significant part of the energy suppliers could close their doors in the next three months, if the Government, the Ministry of Energy or the...

Nala Renewables has signed an agreement with the Romanian renewable energy group Monsson for the acquisition of a 61 MWp photovoltaic project located in the west of the country. Construction works are expected to start in the third quarter of...

Russia has eased restrictions on capital movements, introduced to stop the significant depreciation of the ruble, Reuters reports.

The first semester of 2024 ended with real estate transactions of 419 million euros in Romania, more than twice as much as in the same period last year (when the total value of transactions in the first six months was 167 million euros), and the...