2 iul 2014

Five years after launching the Litro gas station brand, KazMunayGas is dropping the branding experiment conducted at only four Rompetrol gas stations on the A2 highway connecting Bucharest to more

1 iul 2014

Jan Veskrna, the man who had run CEZ’s Romanian operations since the company entered the local market in 2005, when it bought former Electrica Oltenia, decided to leave as of July 1. more

29 iun 2014

Grup Servicii Petroliere, the flagship company of the Upetrom group of Constanta businessman Gabriel Comanescu, is consolidating its position in Mexico, where it sent three offshore drilling rigs to more

23 iun 2014

Germany’s Linde group, one of the world’s largest industrial gases supplier, has started the recruitment of 300 people who will work in its regional services center Linde Global Services in more

20 iun 2014

The Romanian state is already owing almost EUR200 million to renewable energy investors, representing the value of green certificates investors should have received between July 2013 and April 2014 more

19 iun 2014

Biomass or biogas-fired power plants, which use vegetal or animal waste to generate electricity might turn from Cinderella into the queen of the renewable energy ball, people in the industry say. more

18 iun 2014

Deprived of access to hydropower at preferential prices and exposed to a falling demand, Romania’s ten largest private energy traders ended last year with revenue of around EUR1.1 billion, down 20% more

10 iun 2014

Romania’s 20 largest state-owned companies, monopolies in energy production, gas or rail transport, reported cumulated net profit of around EUR350 million in 2013, according to data centralized by more

9 iun 2014

The European Bank for Reconstruction and Development (EBRD), one of the largest institutional investors present in Romania, is likely to invest at least EUR50 million in the initial public offering more

5 iun 2014

The Black Sea depths have ‘swallowed’ more than $1.3 billion since the beginning of exploration works carried out by ExxonMobil in partnership with Romania’s largest company OMV Petrom (SNP.RO) more

4 iun 2014

Romanian energy holding CE Oltenia says it’s trying to set up an electricity trading company but it is facing difficulty as Fondul Proprietatea (FP.RO), the company’s minority shareholder, is more

3 iun 2014

Transeastern Power Trust, a Canadian investment vehicle recently listed on the Toronto stock exchange, completed the acquisition of 11 small hydropower stations with installed capacity of 5.1 MW in more

2 iun 2014

Lukoil Romania, which owns a 300 filling station network, saw revenue tumble by over 17% last year, after the Russian-held business had advanced gradually since 2009, getting beyond the level reported more

1 iun 2014

Enel, Romania’s largest private electricity distributor, in 2013 reached revenue of almost EUR1.5 billion, up 7% on the year. The figure represents the total revenue derived by the companies through more

30 mai 2014

Ploiesti-based Petrotel refinery, owned by Russia’s oil group Lukoil, refined 1.89 million tons of oil last year, 15% fewer than in 2012, according to the reports of the company. more

30 mai 2014

Final regulated prices of natural gas for non-household consumers surged 44% during the 2009-2014 period, in the context in which the industry burnt 9.5 billion cubic meters of gas in 2013, down 30% more

28 mai 2014

Romania has become the 16th most important country for Vestas, Europe’s biggest wind turbine producer, after the Danish company installed another 140 windmills locally in 2013. more

27 mai 2014

Gheorghe Ciubotaru, the Romanian businessman who owns the Botosani-based Electroalfa group operating in the energy industry, is considering selling a stake to a strategic or financial investor or even more

19 mai 2014

Romania’s six largest electricity generation companies, the state-owned Hidroelectrica, Complexul Energetic Oltenia, Nuclearelectrica, Electrocentrale Bucuresti, Complexul Energetic Hunedoara and more

14 mai 2014

Romgaz, Romania’s biggest natural gas producer, reached revenue of above 881 million euros last year, up 17% from 2009, the toughest year for the Romanian economy after the collapse of Lehman more

13 mai 2014

KazMunayGas International (the former Rompetrol), Romania's second largest oil group, says the fuel price hike has had a relatively low impact on its sales, with demand in its filling stations sliding more

13 mai 2014

The green power, the lower consumption and more energy efficient technologies have changed the look of the energy market transactions. Distributors and traders are looking at high margins on the spot more

12 mai 2014

“More and more customers, especially foreign ones, are interested in our production process,” said representatives of Supremia Grup, a food ingredients and spice business turned solar farm more

9 mai 2014

EnergoBit, a major provider of equipment and services for the energy industry, will complete a 2 million-euro project related to a biogas station in Tulcea this autumn. more

8 mai 2014

The takeover of the ENI (Agip) gas stations in central Europe will take Hungarian oil and gas group MOL’s revenue on the Romanian market to more than one billion euros. The takeover, however, does more