Recent Posts
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Electricity prices to increase 2% from January 1st 2014 in Romania
Electricity prices will grow from January 1st 2014 by maximum 2%, but this increase is not caused by the tax on special constructions,...
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Romania has already achieved its renewable energy target for 2020 – ABIEC
Romania has already achieved this year the renewable energy target undertaken for 2020, i.e. 24% of consumption, so subsidies...
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EBRD sells remaining 1.6 pct stake in Romania’s Petrom
The European Bank for Reconstruction and Development has sold its remaining 1.6 percent stake in Romanian oil and gas group...
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Petroceltic: Offshore Romania exploration well finds un-commercial quantities of gas
Petroceltic International plc (“Petroceltic” or “the Company”), the upstream oil and gas exploration and production...
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Transgaz Medias 9-month profit decreased by 37%
National gas transmission operator Transgaz (BSE: TGN) recorded, in the first nine months of the year, a net profit of RON...
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Romgaz halves profit at nine months
Total incomes of natural gas producer Romgaz Medias (SNG) decreased by 8%, to just over RON 3bn, in the first 9 months of...
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Skytron Energy ensures 115 MWp dispatchable power from Romanian solar power plants
skytron energy, one of the world’s leading developers of monitoring, control and supervision systems for renewable energy...
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Investors in the wind sector, in state of alert due to tax on turbines and cables
Investors in the wind energy sector are in a state of alert because the Government’s plans to tax turbines and electric...
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Remus Borza: “Hidroelectrica is negotiating a loan of EUR 400mln”
Hidroelectrica is negotiating with a top 3 European bank to secure a loan of EUR 400mln for the upgrade of four hydropower...
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Remus Borza: “Romania is not competitive in the EU in terms of energy export
Romania is not competitive in terms of energy export in the European Union (EU), the only country where export could be profitable...
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