Romanian natural gas transmission system operator Transgaz recorded a net profit in the amount of 189.5 million euros in the period between 2017 and 2021, which…
Romanian Minister of Energy Virgil Popescu said that the Ministry is currently working on the plan regarding the 15 % reduction in gas consumption, and it…
Vice President of investment fund Fondul Proprietatea (FP) Marius Dan said that, given the current progress of preliminary procedures, it is very likely that the initial…
Romanian state-owned natural gas producer Romgaz announced that on 1 August, it has completed the takeover of all shares of ExxonMobil’s local subsidiary that held 50…
Romanian largest oil and gas company OMV Petrom, part of Austrian OMV Group, said that its shareholders have approved a proposal to distribute more than 500…
Megalodon Storage, a Romanian company controlled by Austrian investors, obtained a permit to build an electricity storage facility with a power of up to 7 MW,…
Dutch-based solar developer Photon Energy said that it will built three new solar power plants in the Oltenia region. Located near the town of Calafat in…