8 mai 2014

Petrom, Romania’s only oil and gas producer, is set to step up exploration activities on the medium and long term after the company has focused, since privatization, on deposits already under more

6 mai 2014

The first phase of the low and intermediate-level radioactive waste storage facility of the Cernavoda nuclear power plant should be done by 2020, and the total investment in the project amounts to more

2 mai 2014

OMV Petrom (SNP.RO), the largest oil and natural gas producer in Romania, is selling about 70 pieces of property, such as land, apartments, corporate buildings, a sports center and a public swimming more

30 apr 2014

Engineering company Adrem Invest ended 2013 with 33% higher revenue and an over 8% gross margin, mainly on exports. more

29 apr 2014

Electricity distribution companies such as Enel, E.ON, CEZ or Electrica currently get about a third of the average Romanian energy bill, while the production cost accounts for less than 30% of the more

25 apr 2014

Romania's minister-delegate for energy Razvan Nicolescu said Romania will have its first draft energy strategy by October. more

23 apr 2014

The supervisory board of Hidroelectrica, Romania’s largest energy producer that entered insolvency for the second time on February 25, has been dissolved, and none of the members appointed in early more

23 apr 2014

The major electricity consumers could save about EUR40 million in 2014 if the government adopts a decision to cut the green power subsidies paid by energy intensive industrial companies. more

22 apr 2014

Romania's natural gas consumption fell by 8% in 2013, even lower than the level reached in 2009 - the toughest crisis year for the country's economy- and nearly 20% lower than in 2008. Payments for more

18 apr 2014

Romania’s largest electricity generation company, Hidroelectrica, signed a EUR44,000 deal this February to have the feasibility study on the Tarnita-Lapusesti hydropower plant, a EUR1 billion more

17 apr 2014

After consumption slipped by 5% last year, the energy market neared the level of 2009, the toughest year for Romania during the financial crisis, which led to a domestic demand contraction by almost more

15 apr 2014

OMV Petrom (SNP.RO), the largest company in Romania ended the five years of crisis, 2009-2013, with an all-time high profit of more than EUR1 billion. The profit was 5.5 times higher than in 2009, the more

15 apr 2014

Oil exploration in the Black Sea, energy sector initial public offerings, the most certain of which currently is Electrica’s, after Hidroelectrica’s relapse into insolvency, and energy efficiency more

10 apr 2014

Slovenian electricity trader GEN-I says it is interested in supplying natural gas and wants to find end power consumers in Romania, after having signed one of the largest deals ever conducted on the more

9 apr 2014

Economy Ministry’s Department for Energy will start the strategy for the sale of 26.69% in Rompetrol Rafinare (Petromidia) soon and the auction will be held only after a valuation report has been more

3 apr 2014

Natural gas imports are set to account for a single-digit share of this month’s natural gas consumption, with 2% allocated to the household and 4% to the non-household consumer mix. more

3 apr 2014

EDP Renovaveis, the renewable power unit of Energias de Portugal group, completed green power projects worth EUR250 million in Romania last year, according to ZF estimates. more

2 apr 2014

Romania entered the ranking of Europe’s 10 countries with the highest diesel oil prices per liter, ahead of countries such as Germany or Belgium, following the increase of the excise tax on April 1, more

1 apr 2014

Czech-held utilities group CEZ is likely to renounce a minority stake in Fantanele-Cogealac (Constanta) wind farm, a project in which it invested EUR1.1 billion, but which now has no green more

1 apr 2014

In 2013, solar projects posted the steepest decline in the value of specific investments per installed MW, by almost 30%, followed by biomass-based projects and revamped hydropower stations. more

17 mar 2014

Complexul Energetic Hunedoara company, set up last summer, plans to invest EUR355 million to revamp Mintia and Paroseni thermo power stations, as well as the four pit coal mines it owns. more

12 mar 2014

Hidroelectrica, Romania’s largest power generator, is again undergoing insolvency, for the second time in less than a year, and market sources say its stock market listing is almost impossible this more

7 mar 2014

The need for investments in energy efficiency and the hope that the old infrastructure will be replaced some day are about the only chances of growth left for providers of equipment and services for more

6 mar 2014

LUKERG Renew, a joint venture of Russia’s oil group Lukoil and Italy’s renewable energy company ERG Renew, will complete a 84 MW wind farm in Tulcea County (SE Romania) in a month, following more

5 mar 2014

Oil company NIS Petrol, controlled by Russian giant Gazprom, says it wants to end 2014 with 30 filling stations in Romania, double the current number, and revenue of 20-25 million euro. more