The government wants to set up a national fund to invest in energy efficiency

The Ministry of Economy commissioned a study on the „mechanism for setting up, organizing and operating at a national level a Specialized Energy Efficiency Investment Fund”.

Source: Economica, E-nergia

OMV Petrom sells 60 deposits to finance the Black Sea exploitation

OMV Petrom, the only local oil and gas producer, will drop another 50-60 deposits, the company now having a portfolio of about 200 perimeters. The reconfiguration of the portfolio in the exploration and production area also takes place in the context in which the bulk of the company’s investments are concentrated in the deep seas of the Black Sea, in Neptun Deep, operated in partnership with ExxonMobil Americans.

Source: Ziarul Financiar

ANRE: Almost 90% of the gas consumed in Romania was traded on the stock exchange in may 2018

The quantities of natural gas traded on the stock exchange in May 2018 reached 89.5% of the total consumption of the final customers, according to the latest monthly report of the National Regulatory Authority for Energy (ANRE) regarding the gas market in Romania, respectively that for may 2018.

Source: Agerpres

Moody’s reconfirms Romania’s Baa3 issuer ratings with stable outlook

Moody’s Investors Service (Moody’s) maintained the BBB- / A-3 rating for Romania’s long-term and short-term government debt in foreign currency and local currency, thus reconfirming the country rating with a stable outlook, a release of the Public Finance Ministry (MFP) sent to AGERPRES on Saturday informed. „Moody’s announcement shows the fact that our country has a solid economic growth, that will maintain in the coming years. This growth outlook and the moderate level of public debt are reasons for the investors to have confidence in the Romanian economy, ” Finance Minister Eugen Teodorovici stated.

Source: Agerpres