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Leading Greek companies in the electricity sector in Greece and the region, PPC Group and METLEN, have signed a joint venture agreement aimed at developing, constructing and operating a portfolio of BESS (Battery Energy Storage Systems) projects up to 1500 MW / 3000 MWh in Romania, Bulgaria and Italy.

For the first time since November 2025, Ukraine started supplying electricity abroad. Specifically, on March 5, a minimum export to Moldova was recorded. Before that, the last time electricity was exported was on November 11, 2025.

China imposes temporary restrictions on exports of diesel fuel and gasoline to meet domestic needs amid regional instability. Countries in the region are trying to find alternative sources, in particular, increasing interest in Kazakh oil.

The Board of Directors of the National Energy Regulatory Agency (ANRE) has revoked the status of qualified small power producer from 13 companies that failed to fulfill the obligations set forth in the current legislation.

The director of the Romanian company Transgaz, Ion Sterian, has assured that Romania currently has no problems with natural gas supplies despite the escalation of the war in the Middle East. The head of Transgaz said that consumption is covered by domestic production and storage facilities, while gas transit to Ukraine and Moldova continues as usual.

Last year Moldova set a record for commissioning solar power plants, bringing the total capacity to 710 MW.

Against the background of expensive energy resources, Energy Minister Dorin Jungietu on a business trip to Baku was primarily interested in the construction of large wind farms in Moldova (total capacity of 170 MW) and the integration of energy storage systems (BESS).

Within the project “Promoting Inclusive Green Transition in the Republic of Moldova”, implemented by UNDP, Voluntary Waste Collection Centers will be built in Calarasi, Ungheni and Leova. The costs of construction and commissioning of the centers are covered by the European Union. The total cost of investments is estimated at 1.8 million euros.

Representatives of several large energy and construction companies from Greece, at a meeting with the leadership of the Moldovan Energy Ministry, expressed interest in investing in Moldova.

Exchange prices for gas in Europe on Monday afternoon sharply accelerated growth – up to 32%, exceeding $515 per thousand cubic meters. The main reason – the world’s largest gas supplier, Qatar’s state-owned energy company QatarEnergy announced that it would stop producing liquefied natural gas (LNG) at all of its facilities due to drone attacks on its facilities.

On February 27, the Brussels authorities announced the launch of an in-depth investigation into the Oltenia energy complex in Romania. The reason was doubts as to whether Bucharest had complied with EU conditions in the process of restructuring the complex or had abused state aid and violated competition rules on the domestic market.

Starting from Monday, March 2, 2026, the Consumer Relations Center of “Moldovagaz” JSC, located in Chisinau at 64, Pushkin St., will suspend its activity.

Crude oil on the world markets traded in multidirectional quotes all week, but maintaining rather high prices and reacting nervously to geopolitical challenges. Before the weekend, the price of the main brand Brent consolidated above $71 per barrel and indicated clear intentions for further growth.

Budapest and Belgrade have decided not to wait for the resumption of Druzhba and have moved on to the active phase of a joint energy project to build an oil pipeline to pump Russian oil bypassing Ukraine, Logos Press reported.

Moldova and 11 other Central and Southeastern European countries signed a joint declaration with the United States in Washington on strengthening the security of natural gas supplies and ensuring affordable prices in the region, Logos Press reported.

During his visit to Washington, Energy Minister Dorin Junghietu met with representatives of the World Bank (WB) and and Carlyle Group, Logos Press reported.

Excessive noise remains one of the most pressing environmental problems in Europe, affecting about 112 million people – that is, about one in five of the continent’s inhabitants, Logos Press reported.

January 2026 was a record year for imported electricity supplies to Ukraine – 894.5 thousand MWh, according to Logos Press.

Hungary has decided not to stop exporting electricity to Ukraine despite recent threats and tensions in the energy sector over the termination of oil transit through the Druzhba pipeline, Logos Press reported.

Greece expects to become the main hub for liquefied natural gas exports to Europe after the EU’s rejection of Russian gas. It has three main trump cards for this, including ties with the US.
