Browsing: Romania

Romania will have a functional liquefied natural gas (LNG) terminal on the Black Sea coast, within the next six years, according to the new development plan…

State-owned energy companies have to approve their investment strategies, with clear deadlines and financing sources, by 15 June, Virgil Popescu Romanian Minister of Economy and Energy…

Petromidia refinery in Navodari was offline since mid-March, while Vega refinery in Ploiesti partially reduced its production activity for a series of turnaround works and due…

Shareholders of Romanian natural gas transmission system operator Transgaz approved the management’s proposal for the distribution of dividends from last year’s net profit. Gross dividend will…

The coronavirus pandemic affects electricity distributor and supplier Electrica on two levels – through lower electricity demand and negative impact of the measures adopted by the…

Despite low oil prices, the shareholders of Romanian largest oil and gas producer OMV Petrom approved the distribution of dividends in gross value of some 360…

The tender for the reconstruction and modernization of hydropower plant Vidraru, operated by Hidroelectrica, has been cancelled, according to the Romanian electronic public procurement system (SEAP).…

Romanian National Energy Regulation Authority (ANRE) has approved that change of the regulated rate of return of electricity and gas distribution operators, setting it at 6.19…

Termoenergetica has accumulated debts of over 80 million euros to thermal energy supplier ELCEN In the few months since taking over the operation of the district…

OMV Petrom company estimates an increasing annual production, given that TPP Brazi is no longer required to supply electricity to the regulated market in 2020. Gas-fired…