News about Energy
The withdrawal of the United Arab Emirates (UAE) from OPEC signals a strategic reversal and calls into question Gulf coordination and the future of the cartel.
“Moldova does not rely on one source or one route. We are building step by step a balanced and reliable energy supply portfolio that will ensure stability and predictability. It is crucial for us that this diversification is done at a sustainable price and that the security of supply for citizens remains an absolute priority,” Energy Minister Dorin Junghietu said.
EuroCucina – Technology For the Kitchen, one of the world’s main platforms for kitchen design and home appliances, was held in Milan. The Moldovan team of the Bomba chain was invited to the exhibition by Beko, with which the chain works as an official partner. Maxim Ghilca, Commercial Director of Bomba, spoke about where the market is heading and what retailers can expect in the coming years.
EU expands subsidies for businesses affected by rising fuel prices. The European Commission has allowed EU countries to increase state subsidies for businesses to cover part of the additional costs of fuel and fertilizers.
The National Energy Regulatory Agency (ANRE) has set new maximum fuel prices that will be in effect tomorrow, April 28.
Prime Minister Alexandru Munteanu will pay a working visit to Dubrovnik, Croatia, where he will participate in the 11th summit of the Three Seas Initiative (3SI). In parallel with the official program, closed sessions will be held with the participation of a limited number of investors and key decision makers from the region and beyond.
Moldovan President Maia Sandu, who is in Kiev, has spoken in favor of the earliest possible official opening of negotiations on Moldova’s and Ukraine’s membership in the European Union. At a joint press conference with Ukrainian President Volodymyr Zelensky, she emphasized that both Chisinau and Kiev had fully met all the necessary conditions for the transition to this stage.
The war in Iran has many facets. The world economy is cracking at the seams due to rising prices for energy, fertilizers, food – and on down the chain.
Households account for almost 47% of energy consumption in Moldova, and it is not always used efficiently. In this regard, the Ministry of Energy announced on April 22 the launch of a national information campaign “Where are we wasting energy?”.
By the end of 2025, Kazakhstan recorded a net inflow of foreign direct investment (FDI), excluding reinvested earnings, of $0.6 billion – for the first time in seven years.
The duration of the state of emergency is proposed to be changed: instead of the fixed 60 days, it will range from 30 to 90 days – depending on the assessment of risk indicators. This will allow the authorities to “adapt actions to the specifics and development of emergency situations”.
In January-February 2026 (cumulative since the beginning of the current year), as compared to the same period of the last year, industrial production in Moldova increased by 2.4%.
Hungary’s future Prime Minister Péter Magyar held a press conference on Monday following the first meeting of the parliamentary faction of the Tisza party. After naming the ministers of the future government, he also touched upon foreign policy issues.
Romanian Finance Minister Alexandru Nazare held meetings with investors and representatives of rating agencies in Washington and New York, during which he agreed to invest 2 billion euros. These funds will accelerate the implementation of strategic projects in the neighboring country.
Oil and natural gas prices rose sharply at the start of the week after the U.S. Navy seized an Iranian vessel during a weekend of Tehran shelling ships and reimposing controls in the Strait of Hormuz.
US President Donald Trump reacted to the announced opening of the Strait of Hormuz and thanked the Iranian leadership in a post on his Truth Social platform.
The National Energy Regulatory Agency (NERA) has set new maximum fuel prices that will be in effect from April 18-21.
There are great opportunities for cooperation between Moldova and Azerbaijan in the energy sector. This was mentioned during the meeting of Presidents of the two countries Maya Sandu and Ilham Aliyev in Antalya on the margins of the annual diplomatic forum.
The head of the International Energy Agency warned Thursday that Europe has only six weeks of jet fuel reserves because of ongoing problems in the aviation industry caused by the crisis in the Middle East.
The Romanian company MS Projects, specializing in oversized transportation and logistics management for industrial projects, has opened an office in Chisinau.
