Browsing: Romania

Electricity producer Hidroelectrica could be paying 55 % higher fees for water usage, according to amendments proposed by Romanian Minister of Energy Virgil Popescu. If the…

Romanian Minister of Energy Virgil Popescu said that the Ministry has already drafted new Romania’s Energy Strategy, which covers the period until 2026, adding that the…

Proposed dividend is slightly higher compared to 2019, when it amounted to 0.33 euros/share, but it is significantly lower compared to previous years. Romanian natural gas…

Last year, Romanian oil and gas company OMV Petrom’s profit dropped by almost two-thirds (64 %) to 266 million euros. OMV Petrom estimates a 32 %…

Romania’s national road management company (CNAIR) has signed concession contracts with Rompetrol and MOL for the opening 13 new hybrid stations on the A1 and A2…

Last year, Romanian natural gas transmission system operator Transgaz distributed gross dividend in the amount of 3.16 euros/share. Transgaz plans to distribute gross dividend in the…

Romanian Government has deferred amending the offshore hydrocarbon law until natural producer Romgaz takes over the 50 % stake and the operator’s position in Neptun Deep…

The operator of the country’s sole nuclear power plant Cernavoda, electricity producer Nuclearelectrica is seeking the approval from its shareholders for the takeover of assets of…

Last year electricity distribution and transmission companies invested a total of 320 million euros, thus completed over 99 % of the planned amount of investment in…

Dan Dragos Dragan has been appointed by the shareholders of Romanian natural gas producer Romgaz as interim Chairman of the company’s Board of Directors, as well…