Romanian Prime Minister Niculae Ciuca said that Romania will be able to start exporting natural gas from its Black Sea projects in 2027. PM Ciuca explained…
Romanian fertilizer producer Azomures, the largest single natural gas consumer in the country, is taking steps to resume operations in early May, after the four-month cessation…
According to the data provided by Romanian National Institute for Statistics (INS), crude oil imports in the first two months of 2022 Romania amounted to 1.272…
Rompetrol Rafinare, member company of the KMG International Group, said that it has extended a 75 million dollars credit facility until 23 April 2023. The company…
Private investment fund Fondul Proprietatea (FP) expects the listing of at least 15 % of Hidroelectrica’s shares on the stock exchange to generate major investor interest…
The shareholders of Romanian electricity supplier and distributor company Electrica Group approved the distribution of 30.9 million euros from the net profit recorded in 2021 as…
State-owned coal-based electricity producer Energy Complex (EC) Oltenia announced that it has completed the purchase of all CO2 certificates it was obliged to purchase on account…
According to data published by Eurostat, the rate of dependence of the European Union on natural gas imports decreased slightly in 2021, to 83 %, from…
Fond Proprietatea, a minority owner of Romanian hydropower producer Hidroelectrica, said it was ready to convene a general meeting of shareholders as soon as possible to…
The Oltenia energy complex states that it has completed the purchase of all the necessary CO2 certificates to cover the 2021 production. The company did not…