3 mar 2014

After the failure of the Nabucco pipeline project, Romania needs to turn to another source of natural gas, which is closer to home. more

3 mar 2014

Engineering company Adrem Invest in 2013 generated revenue of above EUR50 million, in the wake of a 30% increase, and a 10% profit margin. more

25 feb 2014

Romania’s largest natural gas producer Romgaz (SNG.RO) has reduced by almost 20% its production in the past decade. The only good news is that decline slowed down in 2008-2012. more

24 feb 2014

Energy holding CE Oltenia, Romania’s biggest thermal power producer, is poised to generate 25% more energy this year compared to 2013, the weakest year in the company’s history. more

19 feb 2014

One in four liters of gas or diesel oil purchased in Romania comes from Petromidia refinery, the main asset controlled by Rompetrol, the group owned by Kazak state-owned company KazMunaiGas. more

19 feb 2014

Since it opened the oil equipment plant of Aricestii Rahtivani, Ploiesti, in mid 2013, Lufkin group has hired another 80 people, so that the unit that makes oil pumps for 20 countries now employs 340 more

17 feb 2014

State-owned oil companies of Kazakhstan, Azerbaijan and Russia came to control half of network-affiliated gas stations on the Romanian market. more

5 feb 2014

Romania ranks fifth among the 28 member countries of the European Union in terms of the size of wind farms installed last year. However, investments completed in 2013 are 25% smaller year-on-year. more

4 feb 2014

The number of companies in the renewable energy generation sector increased 18 times in 2009-2013 to 559 companies operating wind farms, solar parks or hydropower plants, which receive subsidies from more

23 ian 2014

Romania paid some $497 million to the intermediaries of Russia’s gas giant Gazprom for the 1.19 billion cubic meters of natural gas imported in 2013, almost 50% less than $959 million paid in 2012. more

22 ian 2014

Power producers suffered because of low prices last year, while distributors had a good 2013, so vertically integrated energy companies stood to gain in the end, according to Luca D’Agnese, chief more

20 ian 2014

MOL Romania, the fourth largest oil company in the country, has opened three new gas stations since the start of 2014 and says it will continue expansion so as to reach 15% market share on the more

15 ian 2014

Romania's major state-owned power companies CE Oltenia, Nuclearelectrica, Hidroelectrica, CE Hunedoara, Electrica and natural gas producer Romgaz will finance the project study for Tarnita-Lapustesti more

15 ian 2014

Complexul Energetic Oltenia (Oltenia Energy Complex), the largest thermal power producer in Romania, expects 5 billion lei (EUR1.1 billion) revenue this year, 4% higher than in 2013, but the gross more

14 ian 2014

Petrom and Romgaz, the largest hydrocarbon producers in Romania, paid royalties of some 500 million lei (EUR115 million) to the state budget in the first six months of 2013, according to data provided more

12 ian 2014

Azeri group SOCAR, which invested EUR13 million last year in nine gas stations, is readying to open the first unit in Bucharest, while planning to attack all the big cities of Romania. more

12 ian 2014

Investments in wind farms and solar parks could reach EUR3 billion this year after the EUR6 billion invested in Romania in 2009-2013, ZF has calculated based on the information provided by energy more

8 ian 2014

Wood processor Egger finished works for the largest biomass station in Romania, an 83-megawatt project worth EUR35 million, set to generate heat and power for the company based in Radauti (Suceava more

8 ian 2014

Romania’s energy market regulator ANRE approved, in the last days of 2013, 110 green energy projects, threefold higher than last year’s monthly average, as it was the last chance for investors to more

6 ian 2014

The Romanian state and oil and gas producer OMV Petrom (SNP.RO) are bracing for tough negotiations in 2014 over the royalties charged for Petrom’s oil and gas, Petrom and Exxon will drill their more

6 ian 2014

The two largest photovoltaic parks in Romania were started into service at the end of 2013, according to the latest data released by power grid operator Transelectrica. more

31 dec 2013

Tinmar Ind, the largest private electricity trader in Romania, owned by businessman Augustin Oancea, says it has budgeted growth of 25% of its revenue to 2.13 billion lei (EUR478 million) in 2014. more

20 dec 2013

Investments in the construction of solar farms which became operational between January and November this year exceeded EUR1 billion. more

19 dec 2013

The year 2013 looked like it was going to be a bumpy year right from the start. Rumors about the reduction of the green power support scheme, which attracted more than EUR4.5 billion investments in more

18 dec 2013

The modification of the clean energy support scheme as of January 1, 2014 will only affect those power generation facilities starting operation on or after that date, Romania’s energy market more