Rompetrol Group, opened 12 new fuel stations in Romania, Bulgaria and Georgia consolidating and developing its retail activities in the Black Sea region.
PKN ORLEN's revenues came in at 4.8 billion euros despite a year-on-year drop in oil throughput and sales and lower fuel consumption as a result of the crisis caused by COVID-19.
MOL reported a net loss of 152 million US dollars since January. April brought challenges and difficulties in all segments, showing the real and full-blown effects of the pandemic crisis.
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Investments in RES in the EU reached 66% in the first half of 2020. Hungary is stepping up green bond issuance to mobilise additional funds and the Caucasus in interested in increasing its share of RES. However, funds must support the right priorities.
Sonya Twohig has been appointed the new Secretary-General of ENTSO-E, the European Network of Transmission System Operators for Electricity.
French Prime Minister Jean Castex and his Romanian counterpart Ludovic Orban signed a declaration of intent on cooperation in the civil nuclear field, to build units 3 and 4 of the Cernavoda nuclear power plant and to upgrade unit 1.