The president of the National Energy Regulatory Authority, Niculae Havrilet announced that the price of electricity should decrease by 5 to 6 percent starting on 1 January, after the reduction of distribution tariffs and cogeneration bonus while gas will also become cheaper with effect from 1 July 2016. "Electricity tariffs will decrease from 1 January as distribution tariffs will contribute to the decline in the final price” said the head of ANRE. As regards the gas sector, Havrileţ showed that rates will be changed from July 1, 2016....more »

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Romania plays an important role in the regional energy market and it might soon become even more relevant in this regard....more »

OMV Petrom is planning to sell the 45 MW windmill park it owns in Dobrogea, Romania...more »

Following a trend set by RCS&RDS and Telekom Romania, AKTA now wants to become an alternative provider of energy...more »

According to an October 14th Romgaz press release, the company along with PanAtlantic and Lukoil have made an important natural gas deposit discovery....more »

Construction of reactors three and four of the Cernavoda Nuclear Power Plant in Romania might begin in two years...more »

Romanian Minister of Energy, Andrei Gerea stated on October 5th that Hidroelectrica might be listed in the stock market in 2017...more »

The convention signed between The Russian Federation and Romania in 1996 which regulated the transit and supply of Russian gas through Romania will expire on December 31st 2015. After this date the country will therefore have the right to resell gas coming in from Russia, and third parties will be able to gain access to the pipelines....more »

The US Trade and Developement Agency (USTDA) offered Transgaz 956,000 USD in non reimbursable funding for its gas pipe expansion project. Apparently the deal was signed by US Ambassador to Romania, Hans Klemm and the General Director of Transgaz, Petru Ion Vaduva, on September 24, 2015....more »