Browsing: Romania

In March 2021, the average price of electricity on day-ahead market of the Romanian energy exchange OPCOM amounted to 54.46 euros/MWh, which is 83.58 % higher…

The reason for the termination of contract is the non-execution of the contractual obligations within given deadlines. Romanian natural gas producer Romgaz has officially terminated contract…

Electricity and gas supplier E.ON Energie Romania, local subsidiary of German E.ON, has concluded contracts for the delivery of 145 small-scale solar systems on a turnkey…

Currently, Dutch-based Photon Energy is active in Romania only in maintenance area, taking care of solar project with combined capacity of 15 MW. Photon Energy plans…

Last week, Romgaz has confirmed that it sumbitted a binding offer to the US company ExxonMobil for the acquisition of a 100 % capital of its…

Hidroelectrica’s five-year investment plan includes over 1 billion euros for new wind and solar project with combined capacity of 665 MW. Romanian BRD Groupe Societe Generale…

Romanian state-owned natural gas producer Romgaz has the Government’s backing for the acquisition of stake of ExxonMobil Exploration as it wants to start the extraction of…

In October 2020, CEZ announced that it has reached an agreement to sell its Romanian assets to funds managed by Macquarie Infrastructure and Real Assets (MIRA).…

The offshore hydrocarbon law will be amended by the end of this parliamentary session, i.e. by this summer, said Romanian Minister of Energy Virgil Popescu urging…

Earlier this week, Romanian media reported that Hidroelectrica is seeking legal advisor in the acquisition process of Portland Trust Renewables 1, which is developing a 120…