The European Commission has initiated an infringement procedure against Romania for failing to comply with the EU rules on security of gas supply. Up to now, Romania has not implemented a preventive action plan and an emergency plan as the existing rules require, nor has it informed the Commission on the decisions concerning bi-directional gas flows, states a press release....more »

Hidro Tarnita, the company which oversees the hidropower energy project, has announced that the deadline for submitting pre-qualification documents required at this stage of the investors selection procedure has been extended again, until next year, due to increasing interest shown by potential investors. ...more »

Power Clouds, a developer of renewable energy projects, seems to be an exception if considered the two solar parks commissioned this year and that are part of a large scale project through which the company aims to create a global network of PV parks...more »

OMV Petrom has implemented a 2.1 million euro project aimed at increasing energy efficiency in 345 of its filling stations, where it replaced the conventional lighting systems with a new LED based system, announces a press release....more »

Representatives of the Oltenia Energy Complex (CEO) and China Huadian Engineering today concluded the agreement for creating the joint venture (an Independent Power Producer, IPP) which will implement the Rovinari project: the construction of a ...more »

The head of Italian utility group Enel, Francesco Starance, yesterday said that the announced sale of the assets held in Romania and Slovakia, respectively, will be carried out shortly. Speaking in a parliamentary hearing, he restated that Enel ...more »

Hidro Tarnita SA, the company in charge with the project, is deferring the deadline for submitting the pre-qualification documents required in the first phase of selecting the investors that will engage in implementing the project regarding the 1000 MW pumped-storage hydropower station at Tarnita-Lapustesti....more »

Exxon Mobil and OMV Petrom have started drilling a new exploration well on a new prospect in the Neptun Block offshore Romania, according to a press release of OMV’s domestic subsidiary....more »

The European Commission has decided not to continue the infringement procedure initiated in 2011 against Romania  for not transposing the provisions included in the Energy Package 3 with respect to both natural gas and electric power sectors....more »

Nuclearelectrica has selected China General Nuclear Power Corporation for the continuation of the Cernavoda nuclear power plant Units 3 and 4 projects, based on the biding offer submitted in late-September. The Chinese company was to sole investor engaging in the selection process. According to the procedure timetable, the joint letter of intention to complete the project was signed, too....more »