PPC Group announces that its wholly owned subsidiary Kotsovolos (Next Gen Retail Services Single Member) has signed an agreement to acquire 100% of the shares of Romanian electronics and home applianc…
The bill on limiting the deductibility of expenses between companies in the same group would lead to double taxation of some amounts, including in the case of Romanian groups, and could increase finan…
Romania is going through the most difficult cold season for its energy system in the last decade, according to analysts at Frames. The two reactors at Cernavodă-which typically provide about one-fifth…
As of November 1, Romania’s natural gas storage levels stood at 88.57%, whereas Germany-the largest consumer-has only 61% in storage, and France has 86.68%, compared to a European average of 74.62%, a…
The Ruse Municipal Council unanimously adopted an appeal to the government on Thursday, calling for the abolition of the toll…
Average prices for electricity and natural gas supplied to households in the European Union fell during the first half of this year; however, Romania saw the largest increases in both categories, acco…
Christina Verchere, Chief Executive Officer (CEO) and Chair of the Executive Board of OMV Petrom, has informed the Chair of the Supervisory Board, Emma Delaney, that she will not be available for a po…
PPC Blue Romania and OSCAR Downstream have signed an agreement to install 30 electric vehicle (EV) charging points at the service areas near Milcovul, on the A7 Buzău-Focșani motorway. Fourteen of the…
SOCAR has opened its 100th station in Romania, in Galați. The network covers 32 counties and is supported by three storage depots. The company reports turnover of 4 billion lei in 2025 and aims to expand its market share.
The situation at this moment is not among the best, and all stakeholders must get involved to find solutions to get through this winter, stated Mircea Man, Secretary General of the National Energy Reg…
Infrastructure should become a priority; our aim for future funding programs is to shift the focus slightly away from financing renewable energy sources and instead direct the majority of support towa…
Global investment firm Carlyle and the European Bank for Reconstruction and Development (EBRD) announce that they have reached an agreement for the sale of Black Sea Oil & Gas and BSOG Holding Act…
GreenTech PRO has set a target of reaching a 3 GW portfolio in the photovoltaic sector by 2027, focusing on the expansion of large-scale projects and the development of its EPC (Engineering, Procureme…
A Romanian project company owned by Czech investment fund RSJ SF Czech Republic has secured a term loan facility from Czech lender PPF banka to support the development of a 72 MW battery energy storag…
Romania’s economy has grown faster than its infrastructure over the past 20 years, and it is now necessary to close this gap in order to keep pace with the market’s rate of development, stated Sebasti…
Norwegian-Swedish renewable energy developer Emergy is advancing five onshore wind projects with a combined capacity of approximately 720 MW in Romania. Emergy group is pursuing a renewable energy pip…
A unit of Croatia-based renewables, logistics and investments company ENNA Group has agreed to acquire another hybrid project in Romania, which is set to add 166 MWp of solar and 612 MWh of battery st…
The National Natural Gas Transmission System Operator, NTGN Transgaz SA (Transgaz), and Kawasaki Heavy Industries, Ltd. signed a Memorandum of Understanding (MoU) in Tokyo-during the 4th edition of th…
The next stage of Romania’s renewable energy expansion will be judged not only by how much new capacity reaches the…
The re-liberalization of the gas market, the resumption of the “gas release” program, and the extraction of Black Sea gas…
Romania has officially entered stagflation, with a stagnation of economic activity in 2026 and with inflation that continues to strongly…
European energy industry associations are calling for a three-year postponement of key EU Methane Regulation requirements for imported oil and…
Recent weeks of high temperatures, drought and historically low Danube flows have done something that years of industry presentations could…