News about Energy
Exchange prices for gas in Europe began the new week with a noticeable growth, breaking the mark of 600 dollars per thousand cubic meters, for the first time since mid-May, follows from the data of the London exchange ICE. In the morning, the figure is 607.9 dollars (+4.6%). Dynamics of quotations is given from the estimated price of the previous trading day – 581.4 dollars per thousand cubic meters.
Moldova will modernize 20 rural model schools. 50 million euros will be allocated for renovation, digitalization and energy efficiency of educational institutions.
Nigeria, Niger and Algeria have commenced construction of the 4128 kilometer Trans-Sahara gas pipeline to reduce the European Union’s (EU) dependence on Russia.
British Airways is preparing to increase prices for air tickets due to rising fuel costs amid the conflict in the Middle East. This is reported by Bloomberg with reference to the airline’s CEO Sean Doyle.
Financing for renewable energy projects in the Baltic and Eastern European countries is now available, and the main challenge is not finding money, but power consumers.
The National Energy Regulatory Agency (NERA) reported that retail prices of major petroleum products continued to decline throughout the past week.
Following a large-scale study tour of Moldovan MPs to China, another group of MPs continues its diplomatic mission to the United States of America. The visit brought together representatives of different political factions.
This morning, Zaporizhzhya TPP came under heavy shelling. This poses a serious threat to the power supply to Zaporizhzhya NPP, which is controlled by Russian armed forces.
Moldova is actively buying technology from China to increase renewable energy production and storage capacity. However, the European Union warns that the move could be risky.
Alexei Taran, Director General of the National Energy Regulatory Agency (ANRE), was elected on June 3, 2026 as Chairman of the Energy Community Regulatory Board (ECRB) at the 65th meeting of the Board held in Athens, Greece.
The European Bank for Reconstruction and Development (EBRD) has downwardly revised Moldova’s economic growth forecast for 2026 amid risks caused by the war, energy crisis and instability of international markets.
The Government today approved amendments to the regulatory framework on the eco-design requirements for energy-saving products, in line with the latest European Union standards. The amendments affect several categories of products frequently used by citizens and businesses: household dryers, fans, heating appliances and standby electrical equipment.
Brussels intends to include Rosneft and Lukoil in the 21st package of sanctions against Russia, which the EU countries expect to agree on by the end of next week.
German businesses that continue to operate in Russia are mostly in favor of resuming purchases of Russian oil and gas.
Kazakhstan has expressed readiness to accept Iran’s stockpile of uranium enriched to 60% if the US and Iran reach an agreement on the Islamic Republic’s nuclear program.
A partial opening of the Strait of Hormuz may be imminent. But has a long-term solution to the conflict in the region become more likely?
Another large-scale PV park with a capacity of 30 MW with 60 MWh battery storage capacity is planned for Vadul-lui-Voda.
Polish group Orlen is interested in expanding its presence in Ukraine and is considering the possibility of acquiring a stake in Ukrnafta.
Premier Energy Group, an energy and gas supply and distribution and power generation and storage group indirectly controlled by Czech businessman Jiří Smějc, reported a net profit of €13.1 million in the first quarter of 2026, down 53% from the same period last year.
Moldova will have emergency stocks of petroleum products sufficient to cover domestic consumption for 61 days or equivalent to at least 90 days of net imports, depending on the higher figure.
