30 oct 2013

Tudor Cirstea, who been working for almost 10 years in energy trading, currently handles on his own the business in South-Eastern Europe of Freepoint Commodities. The company is headquartered in the more

24 oct 2013

Generating electricity at the point of consumption through solutions such as solar panels installed on rooftops could be a new driver of growth for renewable energy, but for now only companies stand more

14 oct 2013

The coal sent from the US, a country that is now relying on the cheap shale gas, have caused some of the state-of-the-art European gas-fired thermoelectric power plants to lose ground to those running more

24 sep 2013

Mercuria, one of the world’s largest integrated energy and commodity trading companies, will invest $50 million in Amromco Energy, Romania’s third largest upstream gas producer. more

20 sep 2013

Rompetrol wants to enter the Turkish fuel market, which is growing at a rate of 4% a year, using the surplus fuel refined by Petromidia, Romania’s largest refinery whose capacity it increased to 5 more

20 sep 2013

Foreign developers of renewable energy products came up with almost EUR60 million for the companies they own in Romania this summer, ZF has found by looking at Trade Registry data. more

30 aug 2013

Getica, a demonstration project worth EUR1 billion, aiming to capture carbon dioxide from the Turceni thermal power plant and store it underground to prevent global warming, might be cancelled, as it more

22 aug 2013

Romanian state-run energy holding CE Hunedoara will invest 907 million lei (EUR203 million) to refurbish an electricity production unit and make it less polluting, according to an announcement more

21 aug 2013

Virgil Mailat, the businessman who introduced PET bottled beer in Romania at the time he was a shareholder of Bere Mures brewery, has completed renewable energy projects worth around EUR43 million more

19 aug 2013

Metallurgical industry electrodes maker Elsid SA based in Titu, southern Romania, has started to develop a 24MW wind farm in Corbu, on the Black Sea Coast. more

16 aug 2013

Norwegian shareholders of the shipyard in Tulcea, southeastern Romania, secured a contract worth $1.1 billion whose ultimate beneficiary is Brazilian state-run oil giant Petrobras, a group with annual more

15 aug 2013

Vestas, Europe’s largest wind turbine maker, posted EUR132 million revenue in Romania last year and a net profit of EUR37,000, according to its first filing with the Finance Ministry. The Danish more

25 iul 2013

Paul Pop, former commercial manager at Rompetrol Downstream, sold EUR150 million worth of gasoline and diesel oil last year through his company Rottco Consult, an independent distributor oil products. more

24 iul 2013

Vitol Group, one of the world’s largest energy and commodity trading companies, with turnover exceeding $300 billion in 2012, will enter the Romanian energy market after it has got the nod from the more

15 iul 2013

Romania is a key country for GDF Suez and the group is not contemplating any asset sale in this market despite the EUR11 billion divestment program conducted to reduce debt, said Jean-Francois more

9 iul 2013

The photovoltaic parks of telecom operator RCS&RDS could generate about EUR5 million revenue every year, according to ZF calculations, most of which from sale of the green certificates awarded for more

30 iun 2013

Renewable energy producers received green certificates worth EUR250 million in the first five months of this year through the state’s support scheme, with the bulk of the money going to major more

25 iun 2013

ExxonMobil has awarded Texas-based Diamond Offshore Drilling a $532 million contract for drilling services in the Neptun block in the Black Sea, which it operates in partnership with OMV Petrom more

17 iun 2013

Romanian power supplier and energy trader Tinmar-Ind has invested around EUR80 million to start generating electricity from sunlight, but its solar farms will only provide 5% of the electricity sold more

12 iun 2013

Romanian Bio Fuel Energy, which produces bioethanol, livestock feed and vegetable oil, expects a 10% rise in sales this year from 290 million lei (EUR64 million) in 2012 to RON320 million, due to more

3 iun 2013

The biggest 20 solar photovoltaic investments that have become operational so far required about EUR127 million investment and turned places no one had heard of before into popular destinations among more

28 mai 2013

Investments in photovoltaic parks continue despite the Romanian Government’s plan to reduce the renewable energy support scheme. Entrepreneurs who made money in real estate and agribusiness are now more

15 mai 2013

RCS&RDS, Romania’s largest cable TV company that branched out into solar power last year, is looking for a buyer for the power generated by one of its solar PV farms. more

1 mai 2013

Belgian real estate developer Warehouses DePauw (WDP), which owns a logistics park supplied with solar energy in Arges county (southern Romania), plans to build photovoltaic parks of over 10 MW close more

19 apr 2013

Enel Green Power (EGP), the renewable energy division of Italian utilities group Enel, intends to enter the Romanian solar energy sector and develop farms with a total capacity of 55 MW between 2013 more