09.18.2014

Romania fell one position, to 32, in a quarterly ranking of the most attractive countries for investments in renewable energy drawn up by EY, which notes activity in Romania has slowed in recent more

09.16.2014

Romania’s public energy sector is less exposed to outside risks, but it needs to deal with its inner vulnerabilities, namely, to tackle corruption and red tape and cope with its resistance to more

09.16.2014

Romania’s energy minister Razvan Nicolescu will discuss Wednesday in Rome with the management of Enel the sale of the Italian group’s Romanian units. more

09.10.2014

Romanian energy output rose 1.5% on the year to 12.74 million tons of oil equivalent in the first seven months of 2014, fueled by higher production in most sectors, official data showed Wednesday. more

09.09.2014

The Romanian energy sector needs investments of EUR4-5 billion a year in the next ten years, a total of EUR5-15 billion more than estimated six months ago, minister-delegate for Energy Razvan more

09.03.2014

The first six months of 2014 brought a record in terms of Romania’s energy exports, with domestic producers sending over 3 terawatt hours of electricity abroad, the highest level since 2007, the more

08.28.2014

Romanian energy minister Razvan Nicolescu told Enel representatives in a meeting Thursday that several Romanian companies are interested in buying some of the Italian group’s operations in the more

08.27.2014

Romanian nuclear power producer Nuclearelectrica (SNN.RO) Wednesday started procedures to select investors for a project to build two new reactors at the company’s plant in Cernavoda. more

08.26.2014

The Gaz Sud GDR Premier Energy group estimates it will reach a turnover of nearly EUR40 million in 2015, 21.2% higher than the EUR33 million expected this year, and targets an operating profit of EUR4 more

08.19.2014

Energy Minister Razvan Nicolescu issued an order by which state-owned energy companies should make public all the contracts of assets and works acquisitions exceeding EUR500,000, service acquisition more

08.12.2014

Czech energy group CEZ Tuesday reported lower earnings before interest, tax, depreciation and amortization (EBITDA) in Romania for the first half, due to the authorities’ decision to postpone more

08.08.2014

Romania’s renewable power capacity is expected to increase 57.4% to some 7,000 megawatts in 2015, from 5,750 MW projected by the end of this year, according to estimates from the Energy Department. more

08.08.2014

Rooftop photovoltaic panels and the small biomass power plants that can turn agricultural waste into electricity will be the ones to generate the new renewable energy investment boom, after more

08.05.2014

The mandatory annual quota of electricity produced from renewable sources will grow to 11.9% of the gross electricity consumption next year, from 11.1% this year, but impact on electricity bills will more

08.05.2014

The 15 largest companies managing wind projects in Romania generated total revenue of more than EUR400 million last year, operated with a 24% profit margin, among the best in the local economy, and more

07.23.2014

“We export nice quantities,” says Octavian Lohan, member of Transelectrica managing board and the one who runs Romania’s Energy Center, the brain of the domestic electricity grid. more

07.21.2014

In the first six months of this year, Romania cemented its position of net electricity exporter, with an export/import ratio of 4.5 to 1, as domestic energy overproduction found an outlet in more

07.21.2014

Australian oil and gas company ADX Energy estimates it might invest up to EUR100 million in its oil field in Timis County, western Romania, and is looking for investors to help develop the project, more

07.21.2014

Hidroelectrica, Romania’s largest energy producer which went insolvent for the second time in early 2014, ended the first half of 2014 with gross profit of 509 million lei (EUR115.6 million), a more

07.17.2014

Romanian natural gas trader Alpha Metal will purchase 73.48% in thermal energy producer Ecogen Energy after reaching an agreement with three shareholders of the energy company. more

07.16.2014

Complexul Energetic Oltenia reported revenue of around 1.25 billion lei (EUR284 million) and net profit worth RON15 million for the first half of this year. One of 1H’s novelties was the setting up more

07.15.2014

The decision of Italy’s Enel to sell its Romanian energy distribution and supply operations is likely to strengthen the position the Romanian state has in this field should Electrica be interested more

06.30.2014

Romania’s state-owned power grid operator Transelectrica (TEL.RO) will increase the average electricity transport tariff by 1.5% starting July 1, from the current 22.16 lei (EUR5.04) to RON22.5 per more

06.26.2014

GDF Suez Energy Romania has acquired 57.18% in natural gas distributor Congaz Constanta from E.ON Ruhrgas International and OMV Petrom (SNP.RO) and increased its stake in the company to around 86%, more

06.23.2014

Romania has climbed one spot to 31st in a global attractiveness ranking for investments in renewable energy, according to a report from consulting firm Ernst & Young (E&Y). more