04.29.2015

The European Commission on Wednesday asked Austria, Croatia, Ireland, Latvia and Romania to ensure the full transposition of the EU energy efficiency directive in their national legislation. more

04.27.2015

GDF Suez Energy Romania, the largest local natural gas supplier, will become ENGIE by yearend, following a group-wide decision to rebrand. more

04.24.2015

Energy is the most efficient "weapon" and one of the major means of development, so that Romania, Bulgaria and Serbia should speed up the energy infrastructure projects for providing safe energy at more

03.31.2015

GDF SUEZ Energy Romania, the majority shareholder of Congaz Constanta, wants to divide the company, without liquidating it, and take over all its assets. more

03.25.2015

The current scheme promoting renewable energy no longer meets investors' needs and green energy producers call on regulator ANRE to come up with an alternative to the current green certificate scheme. more

03.19.2015

The sale of fuels in filling stations is the most important segment by value of the energy sector, but power generation remains the biggest employer in the EUR30 billion industry, as revealed by ZF more

03.10.2015

ArcelorMittal Galati has invested more than EUR7 million to upgrade a set of turbine blowers, aimed at reducing energy consumption at one of its blast furnaces, part of a wider energy efficiency more

03.10.2015

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

03.02.2015

Romania's energy sector could be strengthened through mergers and acquisitions around large power producers and state companies must prove new units are necessary before they start building them, said more

03.02.2015

“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

02.27.2015

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

02.24.2015

Romanian state-run power distributor Electrica (EL.RO) plans to enter the energy distribution market of the Republic of Moldova through an acquisition but such a decision depends on the pro-European more

02.24.2015

Executives of utility companies say they are reluctant to continue to invest in Romania after two legislative changes in two years that shook their confidence in the long-term profitability of the more

02.23.2015

A very well-structured strategy could help Romania become an energy champion, Petru Ruset, country division lead Energy Management Power and GAs Power Siemens, said Monday. more

02.23.2015

Romania should close down all unprofitable energy producers by 2018, but it will be difficult for Romanian authorities to convince EU that they are not trying to elude the rules, as they have low more

02.23.2015

Romania's future energy strategy will focus on energy security and might be completed in September of October, Energy Minister Andrei Gerea said Monday. more

02.22.2015

Serinus Energy, owner of oil company Winstar Satu Mare, borrowed EUR10 million from European Bank for Reconstruction and Development (EBRD) to fund its operations in Romania, the company said in a more

02.11.2015

Romanian energy output rose 0.7% to 21.92 million tons of oil equivalent in 2014, fueling a rise in exports as local consumption went down, official data showed Wednesday. more

02.09.2015

Representatives of the Bucharest Stock Exchange, together with Romgaz and Electrica executives, brokers and investment bankers, were in London last Friday to promote themselves in front of funds more

01.30.2015

Romania’s energy exports, accounting for 15% of the output, touched the highest level in the last ten years in 2014, on the backdrop of lower prices compared with the European average and several more

01.27.2015

The automotive industry and energy sector will get new investments from foreign companies in the next two or three years, as the automotive component sector has already attracted major companies, more

01.22.2015

Romania does not need to increase energy production as the electricity demand will not require such a decision, but improve the efficiency of power stations, according to the representatives of more

01.15.2015

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

01.14.2015

Most of the energy companies listed on the Bucharest Stock Exchange are preparing to pay the highest dividends ever to their investors after a 2014 when utility companies posted record profits. more

01.14.2015

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