The European Investment Bank (EIB) is lending EUR 50m to Transgaz, the national gas transmission company of Romania, to finance the construction of a new European gas transmission corridor to increase security of gas supply and to reduce energy dependence by making it possible to diversify gas supply routes and sources. This operation is backed by the European Fund for Strategic Investments (EFSI) under the Investment Plan for Europe (IPE) announced the EIB. ...more »

The revitalization of two of the major companies in which the state is a shareholder, the Oltenia Power Complex and the Hunedoara Energy Complex, as well as the completion of an investment of 23.5 million lei in the CE Oltenia, are among the objectives accomplished by the current Cabinet in the field of energy....more »

The liberalization of the electricity and natural gas markets is an important contribution to Romania's convergence process towards the Euro Zone, in order to avoid consumer shocks, said Emil Calota, the vice-president of the National Regulatory Au...more »

The Romanian Energy Efficiency Forum, the most important annual event dedicated to the development of sustainable energy programs, reached its fourth edition. At the discussion table came key people in this sector, from Government representatives, specialists from project developers, large profile companies, and banks that can fund this sector. Organized by the Romanian Association for the Promotion of Energy Efficiency (ARPEE), together with GOVNET Conferences, the debate highlighted both legal bottlenecks and the present opportunities in energy sector, concrete project financing solutions and examples of good practice at the local level....more »

Romania currently has the richest energy mix in the region, if not in Europe, and should be used as such, Energy Minister Toma Petcu said, adding that the Energy Strategy of Romania is a project that can represent our country at least in the next 20 years. The document is under discussion at the Ministry of the Environment. My goal is to transform the Romanian Energy Strategy in law, move it to Parliament for discussions and approval. ...more »

The Energy Efficiency Forum, the most important annual event dedicated to energy efficiency and the development of sustainable energy programs, has reached its fourth edition at an opportune moment in this field, considering the new strategies for the implementation of the EU Directive no. 27/2012. Organized by the Romanian Association for the Promotion of Energy Efficiency (ARPEE) together with GOVNET Conferences, the event will discuss both the opportunities and the challenges encountered during the implementation of energy efficiency programs ...more »

Gas suppliers could stop providing to households on the winter if the National Regulatory Authority for Energy (ANRE) does not recognize the costs of acquiring gas on the gas exchange, said Niculae Havrileţ, president of ANRE....more »

The Vice-President of the European Commission Maros Sefcovic, currently on an official visit to Romania, said, at the Aspen energy summit, that Romania is rich in natural resources and that it can develop rapidly in terms of renewable energies. Also, Sefcovic hopes that Romania will become energy exporter. ...more »

The shareholders and the management of the Midia Marine Terminal (MMT) SRL, held by KazMunayGas International Group intend to change the Midia Port terminal into the most important energy hub at the Black Sea, thanks to a portfolio of invest...more »

Monsson Operation, a company member of Monsson Group, which offers services like wind turbine operation, maintenance and service in Europe, Africa, America and New Zealand, plans to hire 200 technicians and engineers by the end of 2017 .  Monsson has been focusing on renewable energy since 2004 and has become an important player in the world, with over 2.4 GW of projects in its portfolio. Monsson Operation is now active in more than 20 countries, having several offices in Sweden, Ireland, Qatar, Poland, Germany, USA and South Africa....more »