12.03.2014

Electrica (EL.RO), Romania’s largest power distribution and supply company, gave up its plan of becoming a producer of renewable energy, a project it embarked upon in 2010. The decision is set to more

11.28.2014

The salaries of directors and managers of large state-run energy companies listed on the BVB rose in the first 9 months of this year by around 8-9%. The leader of the group is Transgaz, the national more

11.24.2014

Romania's energy regulator and several private companies have called on the Department for Energy to postpone by at least one more year the deregulation of the natural gas market for co-generation more

11.21.2014

The five largest state-run listed energy companies have 7.7 billion lei (EUR1.7 billion) cash in their accounts, more than one third of their market value. more

11.14.2014

EDP Renovaveis (EDPR), the renewable power unit of energy group Energias de Portugal, the third most powerful investor in Romanian green energy, in October operated three capital subscriptions in two more

11.06.2014

Romania’s leading oil&gas company OMV Petrom (SNP.RO), owned by OMV Austria, estimates it will register losses from the electricity production this year, after the electric power generated in more

11.06.2014

Romanian authorities are now supporting the integration of energy companies after breaking them up by business or energy generation source, a model that Romania applied at the recommendation of more

11.05.2014

Two energy companies controlled by the Romanian state are in talks to acquire several assets in the Republic of Moldova, Energy minister Razvan Nicolescu said Wednesday. more

11.05.2014

Energy consumption in Romania resumed growth in the first nine months of this year, according to data provided by Transelectrica, the state-run power grid operator. A 1.1% advance was reported against more

11.04.2014

Renewable power investments worth some EUR480 million were completed in the first nine months of this year, according to ZF calculations based on information provided by Transelectrica and the energy more

10.31.2014

Energy prices will remain flat next year, believes Ioan Rosca, chief executive officer of Electrica, Romania’s largest power distribution and supply company, with almost 3.6 million consumers. more

10.22.2014

Prices will continue to fall next year and the “scary part” is consumers’ lack of appetite for long-term contracts, says Daniela Lulache, general manager of Nuclearelectrica, the company that more

10.13.2014

Romania needs further electricity interconnection to exploit the high generation capacity, the European Commission said Monday in “Progress towards completing the Internal Energy Market” report. more

10.10.2014

Romanian energy output rose 1.4% on the year to 14.55 million tons of oil equivalent in the first eight months of 2014, fueled by higher production in most sectors, official data showed Wednesday. more

10.07.2014

Engineering company Adrem Invest might allocate another EUR10 million to the biomass (wood waste) power plant in Suceava, which heats 20,000 homes in the city and also generates electricity, to have more

10.02.2014

Stratum Energy, a U.S.-based exploration and production company, has started oil and gas production in its concession in Moinesti, Bacau county, in eastern Romania, where it plans to invest over $150 more

10.01.2014

Small renewable energy in Romania risk going insolvent or bankrupt within six months to one year due to high taxes, low electricity prices and deadlock on the green certificates market, said Dan more

10.01.2014

Romania should reintroduce bilateral electricity trading contracts, needed to finance investments in its energy sector, as it lacks a vision for the development of its energy system, Andreea Vatra, more

09.29.2014

The number of green energy producers rose by a factor of 186 and the installed capacity by more than 217 times in 2005-2013, following almost EUR6.5 billion investment. This year, however, has been more

09.26.2014

U.S.-based company Stratum Energy will invest next year over $150 million in Romania, after it had discovered natural gas reserves in Bacau county, northeastern Romania, energy minister Razvan more

09.25.2014

Switzerland will provide financing of CHF10 million for an energy project in Arad (western Romania), worth a total CHF12.2 million, which targets upgrades at the thermal power distribution network and more

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