26 feb 2015

NIS Petrol, the Romanian subsidiary of Serbian oil group NIS controlled by Russia’s Gazprom, ended 2014 with 18 filling stations in Romania, after a year when investments reached EUR8 million, and more

23 feb 2015

Romanians now pay more than Germans for a fill-up, but earn 5 times less more

18 feb 2015

OMV Petrom (SNP.RO), Romania's largest oil and gas company, and US’ ExxonMobil have found a new gas deposit, following the drilling of the third exploration well in the Neptun block in the Black more

12 feb 2015

Investors may file binding bids for Enel's supply and distribution operations in Romania by the end of March, according to people close to the process. more

6 feb 2015

The start of the EUR1 billion investment in a new coal-based station in Rovinari is still being delayed as the project company is not due to be set up earlier than April. According with initial more

5 feb 2015

A US-held company registered in the Cayman Islands opened an office in Romania in 2013 with the minimum share capital required, 200 lei (almost EUR50). In December 2014 it operated the highest capital more

3 feb 2015

The cheaper crude oil will lead to better operating figures for Petromidia refinery, Romania’s biggest oil processing unit, says Catalin Dumitru, vice-president of KMG International, the former more

28 ian 2015

Investors in solar park projects got most of the green certificates awarded under Romania's government-backed clean energy support scheme last year. more

27 ian 2015

After investments of EUR380 million in wind projects, Verbund will no longer expand in Romania, says Ovidiu Pop, general manager of Verbund Romania, the local subsidiary of Austria’s biggest energy more

19 ian 2015

Major traditional utilities suppliers in Romania are “learning” how to become complex services providers as they prepare for the complete deregulation of the household energy market scheduled for more

15 ian 2015

Romania’s energy consumption reached the highest level of the past three years at the end of last week amid the low temperatures, with coal as the main production source, doubled by hydropower more

14 ian 2015

The price of energy traded on the spot market, a barometer of Romania's power market, soared in the last months of 2014, so that last year’s average was close to the 2013 one. more

12 ian 2015

Energy regulator ANRE expects electricity and natural gas consumption to stall this year or even decline slightly amid moves to boost energy efficiency, after electricity demand contracted by 3.8% and more

12 ian 2015

The price of a liter of gasoline went below the threshold of RON5 in Bucharest, after an over 20% decline from the July peak. While this is good news for drivers, analysts are warning there are also more

7 ian 2015

About 480 wind turbines should have been deployed last year, yet by the end of November only 175 of them had been installed, which means the authorities’ estimates about the clean energy market were more

6 ian 2015

Lukoil Overseas, the international exploration and production unit of the Russian oil group Lukoil, will soon complete the drilling of its first exploration well in the Est Rapsodia offshore block. more

6 ian 2015

2014 brought a new peak of energy exports, with Romania fully benefiting from the regional context and sending energy worth almost EUR250 million abroad. While, by quantity, energy exports topped the more

31 dec 2014

Romania has a natural gas pipeline network of about 53,600 kilometers, which includes the transmission network operated by Transgaz (TGN.RO) and the distribution networks, the biggest of which managed more

23 dec 2014

U.S. Weatherford group, an oil and gas industry equipment and service business, might sell one of its companies in Romania, Foserco Targu Ocna, which specializes in onshore drilling. more

22 dec 2014

Gabriel Comanescu, the Romanian businessman who controls offshore drilling company Grup Servicii Petroliere, mulls floating the company on the London stock exchange, but plans are hindered by the more

22 dec 2014

Around 58% in the price of one liter of gasoline and 54% of the diesel oil price are going to the state under the form of the excise and VAT. At this moment, gasoline prices reached some 5.25 lei, more

17 dec 2014

The energy sector, from coal mining to the sale of fuel in gas stations, is an about 136 billion lei (EUR30 billion) business, according to ZF’s calculations based on Trade Registry data. more

11 dec 2014

Energy sector was full of surprising developments again in 2014. From unexpected exits to fraud scandals, major insolvencies or historic initial public offerings, 2014 had it all, which made it one of more

11 dec 2014

A liter of gasoline can be bought in Romania for 5.52 lei, just like in October 2011, as the crude oil prices plummeted by 40% in less than half of year from the $115 high of June. more

9 dec 2014

RCS&RDS, one of the leading telecom operators in Romania, is contemplating a potential entry on the power supply market and is researching several business models. more