Tag: Romania

EC urges Romania, Hungary, Croatia to report progress on energy targets – Region, 18 July 2023

The European Commission (EC) has sent reasoned opinions to Romania, Hungary and Croatia due to their failure to report on the progress made regarding their national energy targets. According to the Commission, the member states are behind with their reporting targets. The EC has requested compreh Full article available for subscribers of Energy NEWS service […]

Bulgarian companies may hold part of their oil stocks in Romania – Bulgaria, 29 May 2023

Bulgarian Agency for state reserves and wartime stocks said that Bulgarian companies are now allowed to hold in Romania part of the crude oil and oil products stocks mandated by law. This possibility was agreed after a meeting with the Romanian Ministry of Energy. The Crude Oil and Petroleum Prod Full article available for subscribers […]

Romania, Bulgaria face high decarbonization transition risks – Region, 21 April 2023

According to a report by Fitch Ratings, Romania and Bulgaria are facing the highest decarbonization transition risks in central and eastern Europe. The report shows that National Energy and Climate Plans of the two countries estimate their investment needs at 7 % of gross domestic product (GDP) p Full article available for subscribers of Energy […]