8 feb 2013

The Romanian state, through Electrica, is seeking justice in Paris in matters concerning European energy giants’ non-compliance with clauses in the privatization contracts. more

17 ian 2013

Bogdan Enoiu, who runs communication group BV McCann Ericskson Romania, is close to finalizing a EUR4 million investment in a solar park located close to Ploiesti, southern Romania. more

21 dec 2012

Gazprom, the largest natural gas producer in the world, is about to complete work on its first gas pump station in Romania. more

7 dec 2012

Serbian group NIS, controlled by Russian giant Gazprom, has recruited several former executives of local oil companies this year, especially from OMV Petrom (SNP.RO), to build a management team that more

26 nov 2012

The three Cluj-based entrepreneurs who have since 1990 turned EnergoBit into a EUR160-million business specializing in delivering complete energy solutions have sold the majority stake to Poland’s more

5 nov 2012

Bilateral deals closed on the power exchange OPCOM reached EUR300 million between January to October, as much as the total for 2011, mainly fueled by an increased appetite for energy from traders such more

31 oct 2012

Major Romanian farmers are taking an interest in solar power, the next potential clean energy boom after wind power, and are preparing to convert tens of hectares of land into photovoltaic projects. more

30 oct 2012

Renewable energy attracted investments of around EUR1 billion in the first nine months of this year in Romania, with more than EUR900 million drawn by wind energy alone. more

23 oct 2012

Belgium’s Alinso Group, which together with businessman Petrica Usurelu developed business park West Park in Prahova county, entered the solar power market, a segment credited by specialists with more

17 oct 2012

Romanian oil company OMV Petrom (SNP.RO) officially opened its thermal power plant running on natural gas in Brazi (southern Romania) on Tuesday, after a EUR530 million investment, the only such more

9 oct 2012

The losses recorded by refinery Petromidia, the most important asset of oil group Rompetrol, since Kazakh company KazMunayGas took over the majority stake in the company, exceeded EUR760 million, with more

4 oct 2012

New wells are being dug by the world’s major oil players, but the first signal came from Romanian field Neptun, where Petrom and US ExxonMobil have already found a gas accumulation worth EUR17 more

23 iul 2012

MOL Romania CEO, Kinga Daradics, said it is hard to predict the evolution of the oil market in 2012 amid political uncertainties and problems in the eurozone, after the start of a difficult year which more

13 feb 2012

Romania has become the seventh largest country in the European Union and leader in the region in terms of wind farm investments made last year. more

12 ian 2012

The Romanian unit of Israeli dairy maker Tnuva, the company's only expansion outside Israel, was backed by a total investment of EUR55 million, and it leaves behind a plant, a cattle farm, eight-digit more

20 dec 2011

November kick-started a genuine revolution in green energy, as this is the first month when the support scheme for green energy became fully operational after a three-year wait for investors in the more

12 dec 2011

Israeli dairy company Tnuva has decided to withdraw from the Romanian market after a reevaluation of its operations, considering it has accumulated EUR85 million in losses since entering it in 2004. more

13 oct 2011

After Dobrogea was invaded by investors who developed or planned to develop wind farm projects (the installed capacity of wind farms in the region nears that of a reactor at the nuclear plant in more

19 sep 2011

Romgaz Medias, Romania’s largest natural gas producer, is looking at a number of solutions it might use to boost its drilling operations as the production volume estimated for this year is 10% lower more

15 sep 2011

In a highly volatile time, when global markets are moving from growth to decline in minutes, only to have the emotional roller coaster go back again, the consumption of power, fuel or gas remains an more

14 sep 2011

From the project stage to getting the first money by selling green energy, it takes nearly 3 years during which investors in wind farms have to get 85 permits and meet around 13 civil servants in the more

13 sep 2011

Hidroelectrica, Romania’s largest energy producer, continues to borrow money from major banks. The latest bank it turned to is RBS Romania, from which it took out a EUR32 million loan. more

4 aug 2011

GE Energy, the energy unit of U.S. giant General Electric, starts a new phase of its presence on the Romanian market by launching a wind farm project in Vaslui, together with a German partner company. more

13 iul 2011

The temporary shutdown of the second reactor of the Cernavoda nuclear power station for almost one month is one of the factors that helped CEN Turceni, the largest thermal power plant in Romania, more

12 iul 2011

Romania and Turkey are the countries pointed out by all investors when it comes to green energy investments, says Riccardo Puliti, managing director in charge the energy and natural resources sectors more