Browsing: Romania

In September 2020 on day-ahead market of the Romanian energy exchange OPCOM, the average price of electricity amounted to 45.85 euros/MWh, which is 24.39 % lower…

Electrocentrale Galati is indirectly controlled by the Ministry of Economy and Energy through the company Electrocentrale Grup which is insolvent since 2014. The reorganization plan of…

According to the statement from the Romanian largest oil and gas company OMV Petrom, its daily hydrocarbon production fell by 4 % compared to the second…

Since its entrance in the market in 1995, The Romanian subsidiary of Hungarian oil and gas company MOL has invested some 170 million euros in operations…

The total extraction capacity from the Romanian storages is 315 GWh of gas per day, and, in this calendar year, the most was extracted on 7…

According to Romanian natural gas transmission system operator Transgaz, this expansion increase includes the capacity envisaged under the first phase of the BRHA pipeline project. Export…

Romanian electricity distributor and supplier Electrica has concluded a market making services contract with Wood & Co, starting with 30 September 2020 in order to support…

With the effective date of the merger 30 September, natural gas and electricity supply subsidiaries of E.ON Group in Romania, E.ON Gaz Furnizare and E.ON Energie…

A process of closure of two of the underground mining operations in the Jiu Valley, Lonea and Lupeni, has already been postponed and according to a…

A new regulation for the supply of electricity of last resort was developed by the National Energy Regulatory Authority (ANRE) in the context of the liberalization…