27 feb 2023

Conceived as a business dedicated to the B2B sector, OSCAR Downstream, a company owned businessman Alin Niculae, contemplates tapping into the retail market. more

14 feb 2023

Hidroelectrica, Romania’s largest energy producer, which also has the lowest production cost, has reached an 8.75% share of the energy supply market, in line with data provided by the energy market more

8 feb 2023

Romania’s largest electricity producer Hidroelectrica could build a solar park of up to 1,500 MW on a plot of land leased directly from the State Domains Agency (ADS) in the Piscul Sadovei-Dabuleni more

17 ian 2023

Hidroelectrica, Romania's largest energy producer, will put several investment projects in several of its key units worth more than RON1 billion to a vote at a general meeting of shareholders in the more

11 ian 2023

The mild winter so far, but also efforts to boost energy consumption efficiency in particular, have led to continued declines in electricity demand in 2023 as well. more

29 dec 2022

E-INFRA group, controlled by businessman Teofil Muresan, is ending 2022 with a solar project portfolio of 45 MW, with the target for 2023 envisaging installed capacity of 100 MW. more

28 dec 2022

Companies operating in the field of oil and gas extraction or those involved in oil product manufacturing are likely to be subjected to a new tax on 2022 and 2023 profit, in line with a draft more

22 dec 2022

State-run electricity generation company Hidroelectrica saw its share of the competitive electricity supply market grow to 8.58% after the first nine months of 2022, beating Tinmar Energy, whose more

16 dec 2022

E-INFRA group, controlled by businessman Teofil Muresan, is heading toward consolidated turnover worth EUR400 million with a team of 800 employees. more

13 dec 2022

OMV Petrom and Romgaz submitted the statement of commercial discovery for the Neptun Deep block with Romania’s national agency for mineral resources ANRM, market sources said. The statement is more

28 nov 2022

Petru Ruset, managing director of Siemens Energy Romania says the company plans to top the 1,000-employee mark by end-2024 with the over 450 existing colleagues it has recruited in the past year. more

24 nov 2022

Energy Power Holding, an Austrian-held company operating in Austria, Estonia, Slovenia and Poland, has recently completed the acquisition of six green power projects or a total of 81 MW in Romania at more

15 nov 2022

Hidroelectrica, Romania’s largest energy producer, ended the first nine months of 2022 with RON3.5 billion profit, 37% higher than in the corresponding period of 2021, amid RON6.8 billion revenues, more

3 nov 2022

OMV Petrom, the only local oil and gas producer, posted RON2.9 billion operating result on the gas and energy segment for the first nine months of 2022, almost seven times higher than in the more

2 nov 2022

Gas production in Romania reached 6.7 billion cubic meters In the first nine months of the year, up slightly from 6.6 billion cubic meters in the same period last year, data provided by the national more

2 nov 2022

Monsson group, the biggest green energy project developer in Romania, has signed an agreement with Rezolv Energy, a company owned by British investment fund Actis, for the development of a 1,044 MW more

28 oct 2022

Siemens Energy, a major energy technology company, has already recruited 450 Romanian engineers in Romania, to be added to its initial 200-member team, and plans further growth in the coming period. more

26 oct 2022

The European Bank for Reconstruction and Development (EBRD) is exploring a RON240 million loan for Distributie Energie Electrica Romania (DEER) company, part of Electrica group. more

14 oct 2022

After a 12-year development, Black Sea Oil & Gas (BSOG), whose owner is US giant Carlyle, started drilling for gas in the Black Sea via the Midia Gas Development (MGD) project this June. more

13 oct 2022

Dorin Preda, executive director of MedLife, says the company wants to be a EUR1 billion player in 5-10 years. more

7 oct 2022

EDPR Romania, a company owned by Portuguese group EDPR, one of the most powerful global players in the renewable energy sector, got the technical connection permit for a 226.5 MW wind farm project in more

3 oct 2022

OMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE Oltenia), four photovoltaic (PV) parks with a total power more

26 sep 2022

INVL Renewable Energy Fund I, managed by Lithuania’s INVL Asset Management, has bought another 6 solar power projects in Romania, with a capacity of around 103 MW, thus holding around 269 MW in more

20 sep 2022

The most powerful developers on the market say there are real chances for 2022 to end with the first new MW installed in the system after an investment drought in the solar energy area since 2014 and more

15 sep 2022

Project company Hoopeks international got the technical connection permit for a 629 MW wind farm in Galati at the end of last month, public data from the national grid operator Transelectrica show. more