News about Energy
Large technology companies and enterprise AI users are increasingly facing unexpectedly high costs to operate generative models and AI tools. And this puts them facing a difficult choice – return to “natural intelligence” or further develop an AI-centric business model.
With constant threats to critical infrastructure, Moldova and Ukraine need to move away from the Soviet model of energy “gigantomania. A credible path to stability lies through decentralization, market-based tariffs and deep diversification.
Tehran has once again sharpened its oil rhetoric amid a new round of conflict with Washington. Ebrahim Zolfaghari, a spokesman for the Iranian military command, said that continued U.S. strikes in the Middle East could trigger a sharp jump in global oil prices.
The National Energy Regulatory Agency (ANRE) has approved the maximum fuel prices that will be valid in Moldova tomorrow, May 26.
August futures for Brent crude oil were $94.7 per barrel – 5.4% cheaper than the previous day’s close, according to data from the London-based ICE exchange. The last time Brent fell below $95 per barrel on April 24. The cost of U.S. WTI crude oil, shipped in July, fell by 5.77% – to $90.83 per barrel.
The Republic of Moldova is entering an important investment phase by investing significant financial resources in the energy efficiency of public buildings.
On the evening of May 22, weather conditions caused a power outage on a 400 kV line connecting Romania with Moldova and Ukraine. Moldovan residents continue to receive electricity, but authorities asked them not to waste it during peak hours. Romania is expected to supply power offline via 110 kV lines.
Online stores and national pavilions under the brand “Made in Moldova” may appear in China. The Chinese Minister of Agriculture Zhang Zhu proposed to open them directly on the largest Chinese trade platforms during a meeting with Moldovan Foreign Minister Mihai Popşoi.
The Home Appliance Voucher Program (EcoVoucher) continues with a new phase funded by the European Union, which will run from May 22 to June 7, 2026.
Two Chinese supertankers (VLCCs) and one vessel from South Korea crossed the strait on Tuesday. Together, they carry about 6 million barrels of crude oil, the largest daily cargo volume in more than a month.
A court in Kazakhstan has allowed the Ukrainian state-run energy company Naftohaz to enforce a ruling to recover about $1.4bn from Russia’s Gazprom in a gas transit case.
The European Commission has faced mounting pressure from a number of European politicians and EU countries after it postponed without explanation the publication of a bill to completely ban Russian oil imports.
Russian President Vladimir Putin’s two-day visit to China ended on May 20. In the morning, final negotiations between the Russian and Chinese delegations took place, which ended with the signing of more than 40 agreements and treaties between the countries.
Companies operating in the energy, industrial, aviation and maritime transportation sectors will face new costs for monitoring and verifying greenhouse gas emissions under draft regulations prepared by the Ministry of Environment.
“Ukraine’s support contributes to the security of the Republic of Moldova and the entire region,” Deputy Prime Minister and Foreign Minister Mihai Popşoi said at the high-level international conference “Energy Security – Lessons from Ukraine” held in Berlin.
The national electricity transmission system operator, SE Moldelectrica, will be reorganized into a joint stock company with fully state capital.
The Ministry of Energy, in cooperation with the Operator of the Energy Market of Moldova (OPEM), organized a new technical webinar dedicated to presenting trading opportunities on OPEM-managed platforms.
The government will consider on Wednesday, May 20, a draft law on security of petroleum product supplies, which envisages the creation of a national system of emergency stocks of gasoline, diesel fuel and liquefied gas. The initiative aims to reduce the country’s vulnerability in case of import disruptions or regional supply crises.
NEC Ukrenergo is considering the possibility of expanding interstate electricity connections, which in the long term may combine the energy systems of Ukraine and Romania through the territory of Moldova.
Moldova will establish mandatory national gasoline and diesel fuel reserves as part of a new emergency reserve system designed to ensure supply in the event of crises or disruptions in fuel imports.
