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

09.09.2014

The Romanian energy sector needs investments of EUR4-5 billion a year in the next ten years, a total of EUR5-15 billion more than estimated six months ago, minister-delegate for Energy Razvan more

09.03.2014

The first six months of 2014 brought a record in terms of Romania’s energy exports, with domestic producers sending over 3 terawatt hours of electricity abroad, the highest level since 2007, the more

08.28.2014

Romanian energy minister Razvan Nicolescu told Enel representatives in a meeting Thursday that several Romanian companies are interested in buying some of the Italian group’s operations in the more

08.27.2014

Romanian nuclear power producer Nuclearelectrica (SNN.RO) Wednesday started procedures to select investors for a project to build two new reactors at the company’s plant in Cernavoda. more

08.26.2014

The Gaz Sud GDR Premier Energy group estimates it will reach a turnover of nearly EUR40 million in 2015, 21.2% higher than the EUR33 million expected this year, and targets an operating profit of EUR4 more

08.19.2014

Energy Minister Razvan Nicolescu issued an order by which state-owned energy companies should make public all the contracts of assets and works acquisitions exceeding EUR500,000, service acquisition more

08.12.2014

Czech energy group CEZ Tuesday reported lower earnings before interest, tax, depreciation and amortization (EBITDA) in Romania for the first half, due to the authorities’ decision to postpone more

08.08.2014

Romania’s renewable power capacity is expected to increase 57.4% to some 7,000 megawatts in 2015, from 5,750 MW projected by the end of this year, according to estimates from the Energy Department. more

08.08.2014

Rooftop photovoltaic panels and the small biomass power plants that can turn agricultural waste into electricity will be the ones to generate the new renewable energy investment boom, after more

08.05.2014

The mandatory annual quota of electricity produced from renewable sources will grow to 11.9% of the gross electricity consumption next year, from 11.1% this year, but impact on electricity bills will more

08.05.2014

The 15 largest companies managing wind projects in Romania generated total revenue of more than EUR400 million last year, operated with a 24% profit margin, among the best in the local economy, and more

07.23.2014

“We export nice quantities,” says Octavian Lohan, member of Transelectrica managing board and the one who runs Romania’s Energy Center, the brain of the domestic electricity grid. more

07.21.2014

In the first six months of this year, Romania cemented its position of net electricity exporter, with an export/import ratio of 4.5 to 1, as domestic energy overproduction found an outlet in more

07.21.2014

Australian oil and gas company ADX Energy estimates it might invest up to EUR100 million in its oil field in Timis County, western Romania, and is looking for investors to help develop the project, more

07.21.2014

Hidroelectrica, Romania’s largest energy producer which went insolvent for the second time in early 2014, ended the first half of 2014 with gross profit of 509 million lei (EUR115.6 million), a more