energy
Romanian minister says EU funds to drive green energy surge
European Union support schemes will drive a surge in renewable energy projects in Romania to replace outdated coal-fired power plants and help the country...
Gas prices surge in Europe over tight Russian supplies
European gas prices soared more than 30% on Tuesday as low supplies from Russia reignited concerns about an energy crunch as the region heads...
Republic of Moldova asks Romania to store gas as winter reserve
Republic of Moldova’s vice-Prime Minister, Andrei Spinu called on the Romanian authorities during his visit on Thursday and Friday to Bucharest, to store gas...
EU leaders quit without compromise on energy price hikes
The EU leaders' summit ended on Thursday with a failure to agree on common language on energy issues, forcing the topic to be dropped...
EU to propose joint gas buying in response to high energy prices
The European Commission will propose a system for EU countries to jointly procure gas to form strategic reserves of the fuel, a measure drawn...
US and Romania to build nuclear power facility
The United States and Romania announced plans to build a “first-of-a-kind” small modular reactor (SMR) plant in Romania, the White House said on Tuesday,...
Republic of Moldova declares an end to energy crisis after Gazprom extends contract
The Republic of Moldova's President Maia Sandu has declared an end to her country's energy crisis after the government and Russia's state-controlled Gazprom agreed...
Romanian President endorses bill on energy prices cap
Romania's President Klaus Iohannis on Friday endorsed a bill introducing a cap on gas and energy prices and energy subsidies for households until April...
Eurozone inflation rises to 4.1% for October, hitting a new 13-year high
Eurozone annual inflation spiked to 4.1% in October, while economic growth accelerated to 2.2% in the third quarter, preliminary Eurostat data showed on Friday,...
Romanian legislators set up committee to investigate excessive energy prices
The Romanian Parliament passed a draft decision, on Thursday, to set up a parliamentary committee of inquiry to identify the causes of the substantial...