Browsing: Romania

According to the Romanian draft Energy Strategy, about 400 oil and natural gas fields are exploited in Romania. For another 39 deposits, exploration and exploitation agreements…

Rompetrol Rafinare, a part of the KMG International Group, recorded financial results affected by the significant decrease in gross refining margins, halved compared to the previous…

Romania’s electricity production and consumption in Q1 2020 decreased by 4.5 % and 2.9 % respectively, while net electricity exports rose by 32.5 % compared to…

Natural gas consumption in Romania amounted to 45.85 TWh in the first quarter of 2020, a drop of 3.7 % year-on-year, while natural gas production decreased…

Romanian natural gas transmission system operator Transgaz’ investments in the first quarter of the year amounted to over 80 million euros, mostly in the connection to…

Romanian electricity producer Nuclearelectrica, the operator of the country’s sole nuclear power plant Cernavoda produced 2.84 GWh of electricity in the January-March 2020 period, which is…

Compared to a net loss of 8.6 million euros recorded in the same period last year, Romanian electricity distributor and supplier Electrica recorded a net profit…

An emergency ordinance is adopted by the Romanian Government. This emergency ordinance will amend the law on electricity and natural gas to allow producers to sign power…

The Romanian government created the new program “Energy Efficient House” which will run for 18 months. The Romanian state will cover up to 60 % of…

A tender for a feasibility study aimed at exploring the opportunity to invest in wind or solar energy, as well as biogas and geothermal power plants…