22 feb 2013

Dacia, the largest carmaker in Romania and one of the best-known Romanian brands abroad, has decided to become a producer of solar energy through a solar panel project which is set to be installed on more

22 feb 2013

OMV Petrom (SNP.RO) may have posted its highest net profit ever and may be focusing on oil, gas and power production but the one of its refineries among the largest in the country, Arpechim, is close more

18 feb 2013

State-run energy company Complexul Energetic Oltenia, which was created last summer by the merger of major thermal power stations in Oltenia (S Romania) with the coal mines managed by Societatea more

11 feb 2013

RCS&RDS, one of the largest local telecoms, bought another company in the electricity generation business after acquiring two companies developing solar PV projects in Braila county for EUR20 million more

7 feb 2013

Romenergo, a company that has been active for over 35 years in the energy sector, says as the country has become de-industrialized, companies that used to have a rich activity on foreign markets have more

6 feb 2013

Adrem Invest, a Romanian-held company specializing in industrial equipment, says state support for Romanian companies in major international auctions can be key to developing the local industry. more

28 ian 2013

Renewable energy producers in Romania collected more than EUR310 million in green certificates in 2012, through the government support scheme, which is three times more than they got in 2010. more

25 ian 2013

Enel, E.ON, CEZ and Electrica will pay a lower amount according to the final version of the tax on monopoly they have on Romanian energy distribution networks than ZF calculated based on the initial more

24 ian 2013

Investors in green power, an industry that witnessed a boom over the last three years, are getting increasingly worried because of the rumors about the modification of the support scheme for the more

18 ian 2013

A foreign manager says what the Economy minister should have said: Romania stands to gain too little from the green energy boom because most equipment is not built locally. more

9 ian 2013

The last three months of 2012 were very intense for the bilateral contracts platform of energy exchange OPCOM, with 190 out of the year’s 254 transactions sealed in the period. more

6 ian 2013

Constanta, Tulcea, Galati, Caras-Severin and Braila are Romania’s top counties when it comes to installed capacity of green power projects. The five counties have attracted more than EUR2.5 billion more

4 ian 2013

EDP Renovaveis (EDPR), the renewable energy division of Energias de Portugal, set off EUR50 million investments in solar photovoltaic systems in September 2012. more

31 dec 2012

Hidroelectrica's insolvency was the most important item on the list of state-run energy sector "achievements" in 2012, while the major energy projects are yet to materialize as no one was interested more

28 dec 2012

Prospectiuni (PRSN.RO), the geological prospecting company owned by Romanian businessman Ovidiu Tender, has won a EUR79.8 million contract for 2D and 3D onshore prospecting works for OMV Petrom more

28 dec 2012

Gazprom, the world’s largest natural gas producer, wants to open 50 filling stations in Romania by the end of next year, after the recent opening of its first station on the local market, in the more

24 dec 2012

Rompetrol, the second largest local oil company, says it could open about 30 new gas stations built from the ground up in 2013. It also does not rule out acquisitions. more

20 dec 2012

Green power producers got more than EUR260 million via the support scheme of the Romanian government in the first eleven months, according to the data published by national grid company Transelectrica more

17 dec 2012

Increasing the refining capacity of Petromidia will render the local market more ‘Romanian’ in terms of supply, considering that imports of oil products and especially of diesel oil make up about more

13 dec 2012

ExxonMobil, which is conducting the most extensive deepwater exploration campaign in the Black Sea ever together with OMV Petrom (SNP.RO), is expected to buy about $1 billion in equipment and services more

7 dec 2012

A number of 21 large wind farms were either operating or undergoing testing in Romania at the beginning of December, following investments of over EUR2.5 billion, according to the latest data released more

30 nov 2012

Gabriel Comanescu, the owner of the Upetrom group, bets on production of green energy equipment at Upetrom 1 Mai and tries to consolidate the position of Grup Servicii Petroliere, the leading company more

28 nov 2012

OMV Petrom (OMV.RO), the largest company in Romania, will have a new chief financial officer as of next year after its current CFO Daniel Turnheim stepped down before the end of his term on April 17, more

28 nov 2012

The biggest of the 9,000 wells that OMV Petrom (SNP.RO) drills in 240 commercial oil and gas fields can be found in the Black Sea, an area that already generates 20% of the company’s hydrocarbon more

21 nov 2012

Romanian power holding Oltenia expects over 2 billion lei (EUR440 million) in revenue this year. more