10 mar 2015

Four energy companies in Romania employing 14,000 people are speaking about a steep shortage of personnel from among secondary education graduates in the technical field and are mentioning a true more

9 mar 2015

Cristian Secosan, member of the OMV Petrom board responsible for gas and power, is about to end his term almost two and a half years after taking the position. The gas and power unit performed below more

4 mar 2015

Romania’s power generation business had its best year since 2003 last year, exporting a record amount of electricity. Green power generation hit an all-time high, too. more

3 mar 2015

In 2014, the almost 2,000 filling stations of Romania generated sales of 40.9 billion lei (EUR9.3 billion), including station store sales, around 4% higher than in 2013. The slightly declining volumes more

2 mar 2015

“To me, Petrom is more than just a company. It is a passion”. These are the words of Mariana Gheorghe, who became chief executive officer of OMV Petrom (SNP.RO), the only oil and gas producer in more

2 mar 2015

Romania has lost the price advantage it had through the local natural gas production once it completed market deregulation for non-household consumers, according to Frank Hajdinjak, the general more

27 feb 2015

From an extremely rigid market, where consumers were captive to suppliers’ satisfaction, energy is now starting to undergo deep changes, compared by people in the field to those of the telecom more

26 feb 2015

NIS Petrol, the Romanian subsidiary of Serbian oil group NIS controlled by Russia’s Gazprom, ended 2014 with 18 filling stations in Romania, after a year when investments reached EUR8 million, and more

23 feb 2015

Romanians now pay more than Germans for a fill-up, but earn 5 times less more

18 feb 2015

OMV Petrom (SNP.RO), Romania's largest oil and gas company, and US’ ExxonMobil have found a new gas deposit, following the drilling of the third exploration well in the Neptun block in the Black more

12 feb 2015

Investors may file binding bids for Enel's supply and distribution operations in Romania by the end of March, according to people close to the process. more

6 feb 2015

The start of the EUR1 billion investment in a new coal-based station in Rovinari is still being delayed as the project company is not due to be set up earlier than April. According with initial more

5 feb 2015

A US-held company registered in the Cayman Islands opened an office in Romania in 2013 with the minimum share capital required, 200 lei (almost EUR50). In December 2014 it operated the highest capital more

3 feb 2015

The cheaper crude oil will lead to better operating figures for Petromidia refinery, Romania’s biggest oil processing unit, says Catalin Dumitru, vice-president of KMG International, the former more

28 ian 2015

Investors in solar park projects got most of the green certificates awarded under Romania's government-backed clean energy support scheme last year. more

27 ian 2015

After investments of EUR380 million in wind projects, Verbund will no longer expand in Romania, says Ovidiu Pop, general manager of Verbund Romania, the local subsidiary of Austria’s biggest energy more

19 ian 2015

Major traditional utilities suppliers in Romania are “learning” how to become complex services providers as they prepare for the complete deregulation of the household energy market scheduled for more

15 ian 2015

Romania’s energy consumption reached the highest level of the past three years at the end of last week amid the low temperatures, with coal as the main production source, doubled by hydropower more

14 ian 2015

The price of energy traded on the spot market, a barometer of Romania's power market, soared in the last months of 2014, so that last year’s average was close to the 2013 one. more

12 ian 2015

Energy regulator ANRE expects electricity and natural gas consumption to stall this year or even decline slightly amid moves to boost energy efficiency, after electricity demand contracted by 3.8% and more

12 ian 2015

The price of a liter of gasoline went below the threshold of RON5 in Bucharest, after an over 20% decline from the July peak. While this is good news for drivers, analysts are warning there are also more

7 ian 2015

About 480 wind turbines should have been deployed last year, yet by the end of November only 175 of them had been installed, which means the authorities’ estimates about the clean energy market were more

6 ian 2015

Lukoil Overseas, the international exploration and production unit of the Russian oil group Lukoil, will soon complete the drilling of its first exploration well in the Est Rapsodia offshore block. more

6 ian 2015

2014 brought a new peak of energy exports, with Romania fully benefiting from the regional context and sending energy worth almost EUR250 million abroad. While, by quantity, energy exports topped the more

31 dec 2014

Romania has a natural gas pipeline network of about 53,600 kilometers, which includes the transmission network operated by Transgaz (TGN.RO) and the distribution networks, the biggest of which managed more