05.30.2014

Romania may produce more electricity and natural gas than it needs for consumption in the second half of 2019, which would place it among the top three energy-producing European countries, Energy more

05.28.2014

Romania has become the 16th most important country for Vestas, Europe’s biggest wind turbine producer, after the Danish company installed another 140 windmills locally in 2013. more

05.20.2014

The United States can help the European countries, including Romania, reduce dependence on Russian oil and natural gas, U.S. vice-president Joe Biden stated Tuesday, adding that Russia should not use more

05.13.2014

The feasibility studies for the hydropower plant project in Tarnita-Lapustesti, worth over EUR1.1 billion, for which state-owned hydropower producer Hidroelectrica paid EUR3.5 million, do not include more

05.13.2014

Ziarul Financiar has launched the third edition of the Energy Annual Report, presenting the value of the new energy generation projects that became operational last year and everything there is to more

05.12.2014

Marius Adrian Chiriac, former energy acquisition and sales manager with Enel Energie and Enel Energie Muntenia, was named head of energy trading and distribution department of Romania's insolvent more

05.11.2014

Prime Minister Victor Ponta stated Saturday, during a visit at Romanian steelmaker ArcelorMittal Galati, that the electric power price, as well as natural gas price for industrial consumers, might more

05.06.2014

German group RWE, one of Europe’s largest utility, is set to enter the energy supply segment in Romania, with the target of becoming a major player on the medium term in spite of competition from more

05.02.2014

Competition among suppliers on the energy market will allow consumers to demand lower and lower prices, and producers will be pressured to cut prices, even below generation costs, says George Nita, more

04.30.2014

The Romanian government asked the USA for assistance to reconfigure the national energy strategy, which also involves talks related to all natural resources, including shale gas, Romania’s Foreign more

04.29.2014

Electricity distribution companies such as Enel, E.ON, CEZ or Electrica currently get about a third of the average Romanian energy bill, while the production cost accounts for less than 30% of the more

04.28.2014

GDF Suez Energy Romania, a unit of French-Belgian utility GDF Suez, said its net profit rose 24% to 447.1 million lei (EUR101.3 million) in 2013, helped by higher electricity sales and falling costs. more

04.25.2014

Romanian commercial lender Banca Comerciala Carpatica (BCC.RO) Friday said it granted a loan worth 9 million lei (EUR2 million) to Genesis Biopartner which will use it to build a new cogeneration more

04.25.2014

Romania's minister-delegate for energy Razvan Nicolescu stated, after a meeting with European Commissioner for Energy Gunther Oettinger, that he will propose the European Commission to define more

04.25.2014

Romania's minister-delegate for energy Razvan Nicolescu said Romania will have its first draft energy strategy by October. more

04.23.2014

Roof photovoltaic systems, particularly on the housing segment, will be a new source of growth for the renewable energy sector, but its future depends on the support scheme aimed at small green power more

04.22.2014

Romania's natural gas consumption fell by 8% in 2013, even lower than the level reached in 2009 - the toughest crisis year for the country's economy- and nearly 20% lower than in 2008. Payments for more

04.17.2014

After consumption slipped by 5% last year, the energy market neared the level of 2009, the toughest year for Romania during the financial crisis, which led to a domestic demand contraction by almost more

04.15.2014

Oil exploration in the Black Sea, energy sector initial public offerings, the most certain of which currently is Electrica’s, after Hidroelectrica’s relapse into insolvency, and energy efficiency more

03.27.2014

Romania’s energy system has a solid foundation and growth must come from boosting output and consumption efficiency by generating energy as close to consumption locations as possible, says Peter more

03.20.2014

The most important Russian businesses in Romania have followed the same pattern: Russian oligarchs taking over valuable assets of the Romanian state in the wake of controversial privatizations. Some more

03.19.2014

Romania’s energy industry requires investments of over EUR30 billion over the next 15 to 30 years to boost competitiveness and ensure its independence from foreign resources, according to official more

03.19.2014

Romania's state-owned hydropower generator Hidroelectrica, under insolvency, sold energy of RON13.45 million (nearly EUR3 million) on the OPCOM power exchange Tuesday to trader Fidelis Energy. more

03.17.2014

Complexul Energetic Hunedoara company, set up last summer, plans to invest EUR355 million to revamp Mintia and Paroseni thermo power stations, as well as the four pit coal mines it owns. more

03.13.2014

Romanian president Traian Basescu said Thursday he has signed into law the government emergency ordinance on green certificates, adding he expects lower electricity bills. more