News about Energy
UPDATED. On May 27, the government supported a number of legislative amendments aimed at reducing the risks of fuel supply interruptions and optimizing the management of power grid capacity.
The National Energy Regulatory Agency of Moldova has decided to further reduce the tariff for the transportation of natural gas to Ukraine through the territory of the republic.
In Europe, “winter” electricity is trading at the highest premium since 2022 due to gas and hydropower shortages. Low gas reserves and shrinking hydropower reserves increase the risk of even higher energy prices for businesses and households.
The government has approved, with minor comments, a draft law on strengthening anti-crisis regulation mechanisms in the sphere of oil products. The decision was made on Wednesday, May 27, amid disagreements between the executive branch and representatives of the business community.
A legislative initiative to abolish customs duties on imports of wind turbines and energy storage systems (BESS) has been submitted to the Moldovan Parliament.
It refers to the 2013 intergovernmental agreement under which Russia indefinitely canceled export duties on supplies of natural gas, oil products and rough diamonds to Armenia. The letter says that Moscow may suspend the document or denounce it unilaterally if Yerevan continues its course of integration with the EU.
A Comprehensive Strategic Partnership Charter was signed between Armenia and the United States. The document was signed by Armenian Foreign Minister Ararat Mirzoyan and US Secretary of State Marco Rubio.
Wheat futures are down for the longest period this year. Traders returning from a long weekend in the U.S. are “wagering” on news of “progress in negotiations” in the Middle East.
SpaceX CEO Ilon Musk said that the deployment of solar generation in orbit will continue to grow at a tenfold rate over the next few years. The occasion was a post about the development of the Starlink satellite system and increasing the capacity of its orbital solar panels.
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.
