The hydrocarbon output of Romania’s largest oil and gas company OMV Petrom dropped to 121,100 barrels of oil equivalent per day in the second quarter of…
Romanian electricity supplier and distributor Electrica said that it has signed an agreement on the acquisition of a solar project in development for 600,000 euros. The…
The average price of electricity on day-ahead market of the Romanian energy exchange OPCOM amounted to 230.19 euros/MWh in June 2022, which is 199.17 % higher…
According to the draft procedures, the Romanian Government, through the Ministry of Energy, is planning to award concession perimeters in the Black Sea to companies interested…
The Romanian Government decided to delay its planned decarbonization goals for the energy sector, maintaining the use of coal for an extra two years. The initial…
The average price on the spot market of the Romanian energy exchange OPCOM increased again in June, after the increase in the previous month. Thus, in…
The Romanian Government extended the deadline for the completion of the projects financed from the sale of the CO2 certificates distributed for free to Romania until…
Banca Comerciala Romana (BCR), part of Erste Bank Group, joined Raiffeisen Bank Romania as an equal partner in financing state-owned natural gas producer Romgaz’ acquisition of…
Romanian electricity producer Nuclearelectrica announced that the works related to the planned maintenance of unit 1 of its nuclear power plant Cernavoda were completed, and the…