According to the data provided by Romanian National Institute for Statistics (INS), Romania’s crude oil imports in the first ten months of 2022 amounted to 7.227…
The Romanian Ministry of Energy has published a call for expressions of interest from producers of renewable energy sources to participate in the upcoming clean energy…
Romanian state-owned natural gas producer Romgaz and the State Oil Company of Azerbaijan (SOCAR) have signed the first contract for natural gas deliveries from Azerbaijan to…
Private investment fund Fondul Proprietatea (FP) said that it has revised the valuation of its 20 % stake in Romanian electricity producer Hidroelectrica, reducing it to…
Lack of opportunities for growth in the market, as well as worsening financial indicators are among the stated reasons for the sale. The Italian energy company…
Italian energy company Enel and Greek state-controlled Public Power Corporation (PPC) have signed an exclusivity agreement for the possible acquisition of Enel’s assets in Romania. Negotiations…
Private investment fund Fondul Proprietatea (FP) said that it managed to cash its entire 2.85 % stake in Romanian oil and gas company OMV Petrom through…
Romanian Ministry of Energy and the municipality of Constanta have signed a contract for the construction of cogeneration power plant worth some 151 million euros. The…
Romanian oil and gas company OMV Petrom submitted a declaration of commercial discovery to the Romanian Mineral Resources Agency (NAMR) regarding the offshore gas field Neptun…