Browsing: Romania

Romgaz is majority owned by the Romanian state, which holds 70 % stake in the company. Romgaz is planning to enter gas distribution and supply market…

CEZ Romania, a subsidiary of Czech energy company CEZ could freeze the sale of its assets in Romania if it does not get the desired price,…

Electricity consumption in Romania in the first five months of 2020 amounted to 21.8 TWh, which is 6.8 % less compared to the same period last…

The Russian Gazprom helped Interagro Group when local gas producer Romgaz did not want to supply gas to the company and local banks refused to provide…

With a stable outlook of Transgaz, a Romanian natural gas transmission system operator, Rating agency Fitch said that it has affirmed BBB- long-term issuer default rating…

The Romanian Competition Council approved SOCAR’s lease of Ipeco stations. The authorized transaction is for SOCAR Petroleum, a Romanian subsidiary of the State Oil Company of…

OMV Petrom’s hydrocarbon production dropped by 2.64 % year-on-year in the second quarter of 2020, reaching 147,300 barrels of oil equivalent per day. OMV Petrom is…

Traded volume in June reached 1.995 million MWh, which is 23.07 % more than in June 2019, and 0.71 % more than in May 2020. The…

Over the period of next two years, Romanian coal-based electricity producer Energy Complex (EC) Hunedoara will import some 0.2 million tons of coal. The company’s coal…

In order to finance the necessary working capital for the ongoing projects, Romanian natural gas transmission system operator Transgaz plans to borrow some 60 million euros…