OMV Petrom is the largest and the most profitable company in southeastern Europe, according to 2022 financial results. OMV Petrom’s revenues more than doubled to 13.4 billion…
Browsing: Romania
The Romanian National Consumer Protection Authority (ANPC) decided to fine energy supplier Enel with 1% of its turnover, or around 10.4 million euros, for billing customers’…
Black Sea Oil and Gas is ready to increase its gas output by 25% during the winter season, according to CEO of BSOG Mark Beacom. The company…
Hidroelectrica has commissioned the first modernized unit at hydropower plant Slatina. The modernization works were completed by Hidroserv and the total investment in the project reached 5.2…
Romanian Government will ask the European Commission to accept amendments to the calendar drafted for replacing the coal-fired power plants at Energy Complex Oltenia, according to Minister of…
The Romanian Wind Energy Association (RWEA) and the Romanian Photovoltaic Industry Association (RPIA) urged the authorities to ensure a level playing field for all renewable energy…
Electricity production in Romania reached 38.79 TWh in the first eight months of 2023, which is 4% more compared to the same period in 2022, according to…
The Tarnita-Lapustesti pump-storage hydro complex is more environmentally friendly and more efficient than having the same capacity in battery storage, according to Romanian Minister of Energy…
The installed capacity of the prosumers’ installations in Romania is approaching the threshold of 8% of the installed power at the national level, a threshold at…
OMV Petrom and Romgaz expect the first gas volumes from the Neptune Deep offshore project in the Black Sea to start in 2027 as the main…