Browsing: Romania

The agreed deadline for the completion of the project expired on 26 December. Romanian natural gas producer Romgaz said that it would not grant an extension…

After full market liberalization kicks in on 1 January 2021, residential electricity consumers should conclude new contracts on the free market, where they will find lower…

OMV Petrom entered the Upstream sector in Kazakhstan in 1998. The business was stable, but in the absence of expansion opportunities in recent years, OMV Petrom…

In Ilfov and Giurgiu counties, and in Bucharest, electricity distributor E-Distributie Muntenia, part of the Enel Group, invested over 47 million euros in digitalization and modernization…

Alternus Energy already has solar portfolio of 6.1 MW in Romania. Alternus Energy has agreed to purchase two solar power plants with combined installed capacity of…

The investment worth some 800,000 euros was completed six months before the deadline, construction of this line section will increase the cross-border capacity with Hungary to…

In the first ten months of 2020, Romania imported 5.563 million tons of crude oil equivalent, which is by 1.607 million tons of oil equivalent or…

On 1 July 2020 the total liberalization of the gas market took place. This should have brought lower gas bills for residential consumers this winter. However,…

An agreement on the acquisition of the shares held by German STEAG in its Romanian subsidiaries – STEAG Energie Romania and Crucea Wind Farm was signed…

At the beginning of 2020, cross-border capacities for Romania amounted to 2,200 MW each for export and import. As of 1 January 2021, Romanian electricity transmission…