Most Romanian companies operating in the electricity and gas sectors – producers, transporters or distributors – expanded their businesses in 2017 and posted higher profit margins, but only two of them – state-owned Hidroelectrica and Romgaz – reached the threshold of EUR 1 billion in turnover, according to Ministry of Finance data. Published in Business […]

The Central Agency for Public Mobilisation and Statistics (CAPMAS) revealed that the electricity sector represents the main source of carbon dioxide emissions from petroleum products consumption, accounting for 43.3% of total emissions, followed by the transport sector at 18.5%, the industrial sector at 15.4%, the domestic and commercial sectors at 8.2%, and other sectors accounting […]

As Nigeria celebrated Democracy Day last week, organised labour restated the call for the reversal of the privatisation of the power sector. The United Labour Congress (ULC), reacting to President Muhammad Buhari’s speech on Democracy Day, said the power sector has failed Nigerians. President of the ULC, Joe Ajaero, said the congress restates for the […]

YERUSHALAYIM -In a history-making session, the Israeli cabinet put an end to the Israel Electric Corporation monopoly by unanimous vote on Sunday. It took 22 years and one last, stormy cabinet meeting, but the deed was finally done, scaling back the IEC and opening the sector to competition from private electricity producers. “The reform paves […]