23 dec 2014

U.S. Weatherford group, an oil and gas industry equipment and service business, might sell one of its companies in Romania, Foserco Targu Ocna, which specializes in onshore drilling. more

22 dec 2014

Gabriel Comanescu, the Romanian businessman who controls offshore drilling company Grup Servicii Petroliere, mulls floating the company on the London stock exchange, but plans are hindered by the more

22 dec 2014

Around 58% in the price of one liter of gasoline and 54% of the diesel oil price are going to the state under the form of the excise and VAT. At this moment, gasoline prices reached some 5.25 lei, more

17 dec 2014

The energy sector, from coal mining to the sale of fuel in gas stations, is an about 136 billion lei (EUR30 billion) business, according to ZF’s calculations based on Trade Registry data. more

11 dec 2014

Energy sector was full of surprising developments again in 2014. From unexpected exits to fraud scandals, major insolvencies or historic initial public offerings, 2014 had it all, which made it one of more

11 dec 2014

A liter of gasoline can be bought in Romania for 5.52 lei, just like in October 2011, as the crude oil prices plummeted by 40% in less than half of year from the $115 high of June. more

9 dec 2014

RCS&RDS, one of the leading telecom operators in Romania, is contemplating a potential entry on the power supply market and is researching several business models. more

9 dec 2014

Complexul Energetic Oltenia, Romania’s largest thermal power producer, which groups the energy complexes of Oltenia basin with lignite mines, registered losses of RON290 million (around EUR66 more

28 nov 2014

After the green certificates meant to encourage renewable energy investments, the Romanian government thinks it has found a scheme that will allow it to finally launch the expansion of the nuclear more

28 nov 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

24 nov 2014

The plant US-held Lufkin opened in Ploiesti has been exporting oilfield equipment to various parts of the world from North America to Africa for more than a year now. The plans are to boost production more

19 nov 2014

Out of the 20 major activity fields in Romania, electricity is the field that witnessed the biggest increase in the number of companies during the 2008-2013 period, according to Trade Registry more

14 nov 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

13 nov 2014

Romania's only oil and gas producer OMV Petrom (SNP.RO) is dropping 30 onshore productive fields, which have a marginal contribution to its total production, up to 0.6%, saying they might be more

13 nov 2014

Bulrom Gas Impex of Bucharest, a major player on the liquefied petroleum gas market, wants to open five stations next year also selling gasoline and diesel oil. more

11 nov 2014

The price of a gasoline liter in Romania reverted to the level of end-March, with the plummeting crude oil prices canceling the increase of fuel excise duty by 0.07 euros per liter introduced by the more

6 nov 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

5 nov 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

4 nov 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

31 oct 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

31 oct 2014

Romanian wines are stirring rising interest on foreign markets as well on the significant quality increase based on European Fund injection, says Aurelia Visinescu, one of Romania’s few woman more

30 oct 2014

Two Romanian state-run companies and three foreign groups are interested in taking over the local assets of Italy's Enel group. more

29 oct 2014

Hungary’s oil group MOL says that after acquiring the 42 Agip filling stations through which Italy’s ENI was still present in Romania it will reach a network of almost 190 stations, but that a more

24 oct 2014

Major companies in the energy generation business say they can barely cope now due the decline in power prices and the failure to sign long-term contracts. more

22 oct 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