Energy

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 »

Electrica, the
Romanian energy supply and distribution company, is planning to
invest around 715 million euro until 2018, out of which 121 million
this year alone, Mediafax reports.
The general director
of the company, Ion Rosca declared “ On the one hand important
investments in the distribution sector are needed. ...more »

The two units at the Cernavoda
nuclear-power plant put out 6.566 million MWh worth of electricity in
the first seven months of 2015, 6.043 million MWH of which were fed
into the national electricity grid of Romania, according to data
posted on th...more »