News
OMV Petrom Q2 output falls 2.2% over the previous year
The hydrocarbon production of Romania’s top oil and gas group OMV Petrom dropped during the second quarter by 2.2% on…
Romgaz investment at Sărmăşel increases Romania’s storage capacity to 3.3 billion Ncm/cycle
Romgaz SA has put into service the new installation of the compression and dehydration plant of Sărmăşel (county of Mureş).…
Nuclearelectrica extends to September the negociation period with China General for reactors 3 and 4
Nuclearelectrica’ s shareholders approved an extension of four months starting with the previous date of May 9, for the negotiations…
BLACK SEA OIL AND GAS 2016
BLACK SEA OIL AND GAS 2016 Unlocking the potential of the Black Sea through exploration and infrastructure projects The Fourth…
Australia: Surging electricity prices spark calls for national inquiry into renewable energy
Surging electricity prices in South Australia have sparked calls for a national inquiry into renewable energy and whether the electricity…
The final report of the Energy Strategy, in late September
The Energy Ministry published on its website the consolidated report of the stage of qualitative analysis of the drafting of…
Azerbaijan’s SOCAR, Romania’s Transgaz sign MoU for cooperation on natural gas transit
A memorandum of understanding (MoU) has been signed between Azerbaijan’s State Oil Company (SOCAR) and Romania’s state-owned company Transgaz, SOCAR…
Less than 1% of green certificates sold, two solar parks in insolvency
Only 7,600 green certificates out of a total available of nearly 8 million have found a buyer this year, according…
Frédéric Banco will take over as CEO of ALD Automotive Romania, starting September 1, 2016
Frenchman Frédéric Banco will take over as CEO of ALD Automotive Romania, one of the biggest local operational leasing firms,…
Enel offers 20% smaller prices for electricity, via its E-Light product
Enel, the electricity supplier that covers three of the eight areas of reglementation in Romania, comes with news on the…
Romgaz to inaugurate the compression station Sărmăşel, a 53 million euros investment
On Wednesday will be put into commission the new compression station and natural gas drying, related to the storage facility…
Romania becomes a CERN member
Romania became the twenty-second member state of CERN, having acceded to the Organization’s founding Convention, deposited with UNESCO. The notification…
US shale industry is adapting to low oil prices; no shale gas explorations in Romania
Low oil prices wreaked havoc with US shale producers, but increasingly the industry appears to be adapting successfully to new…
Victor Grigorescu about Hydro Tarniţa: We spent millions of euros without results
Romania spent five million euros without obtaining any tangible result for Hydro Tarniţa project, says Energy Minister Victor Grigorescu. “We…
KMG and Romanian state’s investment funds comes back to news
The Minister of Energy Victor Grigorescu, announced that the Romanian state, through management company holdings in energy SAPE, will start…