Romania's main natural gas producer, Romgaz, commissioned in March 2015 two new gas accumulations in the Moldavian Platform and in the Transylvanian Basin, which are currently under test....more »

Canada-based oil and gas company Sterling Resources has announced the sale of its Romanian business to Carlyle International Energy Partners, an affiliate of the global energy concern Carlyle Group....more »

Romania's net electricity exports totaled 7.1 Twh in 2014, 3.5 times higher compared to the previous year, according to the results presented by Transelectrica, the domestic system and transmission operator....more »

Romania's attractiveness in terms of investment destination for renewable energy projects is still declining according to EY’s latest Renewable energy country attractiveness index (RECAI) which ranks our country the 35th, down three positions compared to the previous report....more »

ArcellorMital Galati has invested over 7 million euro to refurbish a set of turbine blowers as part of ArcelorMittal Europe’s "Energize" Project, aimed at reducing energy consumption by 15 percent over the next five years....more »

Seen as a fundamental solution to improve energy efficiency, modern lighting is also an extremely important tool to increase operational efficiency. Thus, given that Romania has committed to align to European standards in terms of energy efficiency, the implementation of modern lighting projects becomes a priority, especially in the segment of public lighting....more »

The five preliminary offers submitted during the pre-qualification stage for the 1-billion euro hydropower project located in Tarnita-Lapustesti belong to Chinese investors. ...more »

Chevron announced it is giving up the shale gas operations in Romania, after a similar decision was taken with respect to Poland, thus exiting the European shale gas market, reads the Wall Street Journal....more »

Hidroelectrica, represented by its judicial administrator Euro Insol, won the lawsuit against Elsid Titu, as the Bucharest Court rejected the appeal filed by the latter against the enforcement of a force majeure clause in relation to the electricity supply contract with Hidroelectrica....more »

Recolamp Association collected and recycled 476 tons of lighting equipment waste last year, level similar to 2013, meeting again the European target of 40 percent calculated based on the average volume put on the market over the past two years by...more »