12.24.2015

The slump in the oil price from $115 in the summer of 2014 to a staggering $35 in December, the EUR1.7 billion fraud at Petrotel Lukoil, Enel’s decision to stay in Romania and the largest local more

12.04.2015

The increase of the mandatory renewable energy quota to 12.15% next year, as proposed by the Energy Ministry, is an uneconomical measure with a strong impact on captive consumers, especially household more

11.27.2015

Romania risks losing over RON500 million (EUR112 million) for projects in the energy sector financed from European Union funds, in the 2007-2013 financial framework, because the respective projects more

11.25.2015

The top three companies in this year’s edition of the 100 Most Valuable Companies in Romania operate in the energy sector, which is a first for this yearbook. more

11.25.2015

Romania’s production of energy resources, coal, oil and gas has been dwindling over the past ten years, yet the market has never been more independent of energy imports. more

11.20.2015

Ziarul Financiar launches ZF Energy 2015, the fourth annual edition of the Energy Yearbook, a project encompassing statistics, analyses and outlooks on the evolution of the oil, natural gas and power more

11.13.2015

The Bucharest Court of Appeals rejected the appeal filed by energy trader Energy Holding against the termination of the energy contract concluded with state-owned power producer Hidroelectrica, and more

11.04.2015

Romania’s national company in charge of highways and national roads CNADNR is the top profit maker among the 150 largest companies in Romania by revenue. more

11.03.2015

Cristian Secosan, who took the position of general manager of Romelectro, one of the largest contractors for energy projects in Romania, this fall, says he would like to concentrate a number of more

10.09.2015

Romania's energy output increased 0.9% in January-August, to 14.65 billion tons of oil equivalent, due to higher electricity production, the country's statistics institute said Friday. more

09.25.2015

Three of the richest energy companies either state-owned or in which the government owns significant stake have about 7 billion lei (EUR1.6 billion) in their accounts. more

09.17.2015

The completion of Romania’s national energy strategy is a crucial issue for the energy sector which needs stability and predictability, CEZ Romania Chief Executive Officer Martin Zmelik said more

09.17.2015

Romania’s energy sector is still living on investments made before the 1990s and desperately needs new projects, Bogdan Badea, state secretary at the Energy Ministry, said Thursday at the conference more

09.17.2015

Utility companies are constantly registering major losses due to electricity thefts, while authorities show no support in recovering losses, said Silvia Vlasceanu, general manager of the association more

09.11.2015

Romanian state-run energy holding Complexul Energetic Hunedoara may enter insolvency anytime, considering its difficult situation and the large number of insolvency requests, Energy Minister Andrei more

09.10.2015

Romania's power output increased 0.3% on the year in January-July, to 12.7 billion tons of oil equivalent, driven by higher production in wind and solar power, the country's statistics institute said more

09.04.2015

New chapters are added to the book of memorandums of Romania’s energy sector every year but no project actually gets off the ground. more

08.27.2015

The Republic of Moldova should not depend on a sole energy supplier as the cutback in energy independence implicitly triggers a narrowing of the state’s independence, Romanian Prime Minister Victor more

08.25.2015

Romania’s energy holding CE Oltenia will hire a consultancy company to draw up a restructuring and reorganization plan and analyze the potential closing down of certain energy units, the company more

08.25.2015

No other industry has gone from ecstasy to agony in the span of just one year as the green power industry did. more

08.21.2015

Augustin Oancea, one of the lowest profile businessmen in Romania, with only a handful of public appearances, has discreetly taken his company, Tinmar Ind, to EUR650 million this year from the EUR15 more

08.19.2015

Cartierul Solar, a total investment of EUR45 million, will be Romania's first residential compound equipped with rooftop photovoltaic panels used to generate green energy. more

08.11.2015

Romanian electricity output rose 1.6% on the year to 31.48 billion kilowatt-hours in the first six months of 2015, fueled by higher production of renewable energy, official data showed Tuesday. more

08.05.2015

GDF Suez Energy Romania, a unit of French-Belgian utility GDF Suez, reported a net profit of 443.05 million lei (EUR99.7 million) in 2014, similar with RON447.07 million a year before. more

08.04.2015

Lacramioara Diaconu-Pintea has been put in charge of OMV Petrom’s natural gas and energy unit this summer, an about EUR1 billion business that accounts for 20% of the ‘economy’ of the oil and more