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Our country is facing an acute crisis in the energy sector, marked by the inability to ensure the necessary domestic consumption of electricity, a situation that endangers the stability of the National Power System (SEN) and increases dependence...

Yesterday, in the plenary session in Strasbourg, the European Parliament approved the new European Commission for the 2024-2029 term, led by Ursula von der Leyen. The vote marks a landmark moment for Romania, as Roxana Mînzatu officially becomes...

The Government adopted the new Energy Strategy of Romania 2025-2035, with the perspective of 2050, a programmatic document that establishes six essential strategic objectives for the sustainable development of the national energy sector: energy...

The same electoral program is adopted by two presidential candidates, two opponents who were once together - George Simion and Călin Georgescu both support the "Food-Water-Energy" political program (see Program Summary), which...

• 1. Context: 

In 2024, two reports were published, prepared at the request of the European Commission. The first report, coordinated by Enrico Letta, is entitled "More than a Market" and refers to the transformation of the single market into a true...

The third quarter of 2024 was marked by a series of major challenges for Romania's economy. High summer temperatures have led to increased energy consumption, and the government has taken drastic measures to cover energy needs, including the...

More than half of global electricity will come from low-carbon sources by the end of this decade, according to a report published by the International Energy Agency (IEA). While this development marks major progress towards decarbonisation, the...

The dependence of our country on energy imports, in certain periods, and the need for capitalization of companies in the energy sector, so that they can increase the energy production capacity at national level, are the reasons why the Ministry...

Germany's renewable energy sector continues to expand, with electricity generated by wind, solar biomass, biomass and hydroelectric power accounting for 56% of total electricity consumption in the first nine months of this year, according to...

Environmental protection and resource saving are supported by more and more people. A Eurobarometer survey published by the European Commission highlights the strong support of European citizens for the European Union's energy policies....

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 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...

Oil and products made from this raw material represent, on average, 30% of global merchandise exports, valued at 1.5 trillion dollars annually, according to a visualcapitalist.com analysis.

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

The member states of the European Union have financed the Kremlin regime with almost 200 billion euros, from the beginning of the invasion of Ukraine until now, through the lens of fossil fuels purchased directly or indirectly from the Russian...

• "The rate of distribution of profit to dividends remained close to that of last year, with a decreasing yield, but still above the average of BSE issuers", the report states 

• Russian gas Europe's Russian gas imports have shrunk from more than 40% before the war in Ukraine to around 15%, according to the US publication 

The European Investment Bank (EIB) will provide Deutsche Bank with guarantees of 500 million euros to help the lender support Europe's wind energy industry, the two organizations and the European Commission announced yesterday, according to...

The European Commission yesterday gave the green light, in terms of technical and nuclear security aspects, to the construction of Units 3 and 4 at Cernavodă, according to a press release issued by the Ministry of Energy. The quoted source shows...

Agricultural products represented more than a third of the total value of global merchandise exports between 2019 and 2021, and the most dependent countries in the world in terms of profile exports are the island states in the Pacific Ocean,...

The energy transition appears to be at a standstill as member states need total investments in transmission and distribution networks of euro800 billion by 2030 according to a study by the Energy Round Table, a body made up of the main energy...

Political decision-makers in Bucharest continued in the last month of the first quarter of the current year to adopt decisions regarding the extension of some price capping measures and to dilute the provisions of Law 296/2023 and GEO 115/2023...

The energy system in Romania showed high dynamics during the past year, with an increase in net national energy production of 3%, mainly due to increased hydraulics. This increase, along with the decrease in energy consumption by 4.9%, as a...

Ukraine rules out any trade agreement that would allow Russian natural gas to continue to pass through its territory after the current transit agreement expires at the end of this year, Bloomberg reports, citing Kyiv's Energy Minister Herman...

Ursula von der Leyen wants a new mandate as president of the European Commission, according to the statement made yesterday by her lordship during the press conference held alongside Friedrich Merz, the president of the CDU (Christian Democratic...

Several European companies have chosen to withdraw from the continent's stock exchanges and list on the US, according to a Euronews Business analysis that shows the reasons for these departures.

High energy prices, which will become even higher after the inevitable removal of subsidies, represent the death sentence of the petrochemical industry in Europe.

The RAND Corporation, the architect of the most important economic and military strategies of the United States and NATO for more than seven decades, recently published an analysis that calls into question America's ability to maintain its...

Austria continues to get more than 50% of its natural gas supplies from Russia, despite the fact that almost two years have passed since the war against Ukraine broke out.

The value of EU trade through free trade agreements with global partners exceeded euro2 trillion for the first time in 2022, according to the European Commission's third annual report on the implementation and enforcement of EU trade policy....

The financial reporting season for the third quarter of 2023 brought particularly unpleasant "surprises," both for investors and for customers of companies producing electric vehicles (EVs), eager to showcase their progressivism and...

Students have entered the new academic year with the same baggage of hopes and high expectations. Authorities once again had "bouquets" of encouragement and promises. The Minister of Internal Affairs, Cătălin Predoiu, conveyed to the...

Humanity "feels immensely and sees monstrously" when it comes to climate change, global warming, and pollution. As with any major issue, there are two opposing camps. What's certain is that most authorities preach passionately on this...

The European Court of Auditors (ECA) warns in a report published yesterday that the EU's dependence on China for raw material supply chains, the lack of qualified personnel, as well as the damage to other branches of economic activity, such...

Victor Roncea: Professor, in your opinion, how is the COVID-19 crisis changing the world, geopolitically? What will companies do in the new context generated by the coronavirus?

OMV wants to reduce its dependence on the European market, between 2020-2025, and will focus on acquisitions in the Middle East and Asia Pacific, according to CEO Rainer Seele.

Reporter: Your Excellency, you have recently said that Russia expects from the new government an improvement in the Russian-Romanian relations, which are currently very cold. What would help the relations between Romania and Russia...

Agriculture has extraordinary energy reserves, such as biodiesel, which, in the future, will be able to eliminate the dependency on diesel oil, said Cristian Pârvan, the secretary general of the Association of Romanian Businesspeople (AOAR). In...

The London School of Economics analysts argue that only a part of Europe will be seriously affected by a possible shut-down of the gas exports, due to the stressed situation in Ukraine, reports standartnews.com.