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Enel invests 90 million euros in remote control centre for Muntenia area (01-12-2011)

Enel Romania on Tuesday opened the new remote control centre for the Muntenia area. The total investment amounts to 90 million euros. The remote control system has Full story

Government prepares listing of gas producer Romgaz Medias (01-12-2011)

The Ministry of Economy, Trade and Business Milieu (MECMA) announced they expect offers submitted by brokerage houses and consortia interested in brokering the listing on the Full story


Romania May Opt for Minority Stake in Tarnita-Lapustesti Plant Project (01-12-2011)

Romanian state-run hydropower plant Hidroelectrica may opt for a minority stake in Tarnita-Lapustesti pumped-storage hydropower plant project, the company's general manager said."This investment [project] will Full story

EBRD encourages more private initiatives in Romania's energy sector (01-12-2011)

The European Bank for Reconstruction and Development (EBRD) is interested in the initiatives of Romania's privately-owned energy companies, which it encourages to develop projects that will Full story


Energy savings deal pushed back to 2012 (01-12-2011)

EU energy ministers reiterated their opposition to binding energy savings targets at a meeting last Thursday (24 November), leaving a political agreement for the incoming Danish Full story

Joint statement regarding environment protection between Romania and Israel (01-12-2011)

Romania and Israel signed on Thursday in Jerusalem a joint statement for a cooperation in the field of environment protection, announced the Romanian Ministry of the Full story

Franklin Templeton: Dramatic changes could occur in case of energy companies (01-12-2011)

The objective of Franklin Templeton is a growing share of the listed companies in the portfolio of Proprietatea Fund, given that dramatic changes could occur in Full story

Nuclearelectrica's share capital to surge 11.077 pct through capital contribution (01-12-2011)

The share capital of Nuclearelectrica will increase by 11.077 percent through a capital contribution to issue a new share package accounting for 10 percent of the Full story

Nabucco consortium: Gas supply can be made the other way around from West to (01-12-2011)

Supplying natural gas by the Nabucco pipeline can be made the other way around, from West to East, in case of demand on the market, said Full story

Romanian Nabucco Section to See EU1.5 Billion Investment (24-11-2011)

The Romanian section of the Nabucco pipeline will probably require between 1.2 billion euros ($1.6 billion) and 1.5 billion euros in investments, the project’s Managing Director Full story

Credit line worth 930M euros goes to Petrom (24-11-2011)

The biggest Southeastern European crude and methane supplier Petrom contracted for a multi-currency line of credit worth 930 million euros, having a three-year maturity and the Full story

Teodor Baconschi: Romania's targets in energy field, closely bound to EU policies (24-11-2011)

Romania's targets in the field of energy are closely related to the EU policies and will be found in the updated form of the national strategy Full story

FT's Konieczny: Energy producing companies being still owned by state is to their detriment (24-11-2011)

Big energy producing companies such as Hidroelectrica and Nuclearelectrica being still owned by the state is to the detriment of the market and of these companies, Full story

Hidroelectrica plans to hike prices set up in bilateral contracts by over 3.5 pct (24-11-2011)

Hydroelectric power producer Hidroelectrica plans to renegotiate the bilateral contracts so that to hike the price by at least 3.5 percent starting Jan. 1, 2012 or Full story

Romania ranks 13th among most attractive countries for investments in renewable energy (24-11-2011)

Romania climbed from the 16th to the 13th place among the most attractive countries in the world on the investments in the renewable energy, due to Full story

Hidroelectrica to be first state-run company with private management (24-11-2011)

Hydroelectric power producer Hidroelectrica will be the first state-run company to have private management, with the mandate starting in Feb. 2012 at the latest, Economy Minister Full story

Reuters:Italy Gas Plus enters Romania offshore gas, oil JV (24-11-2011)

Italy's fourth-biggest gas producer, Gas Plus, has entered an offshore gas and oil joint venture in Romania with a 15 percent stake, as part of its Full story

Investments of 780 million euros in 11 wind farms in country's north-east area (24-11-2011)

The French group Filasa International announced on Thursday investments of 780 million euros in the construction of 11 wind farms in Suceava County / country's north-east Full story

Greenhouse gas tax to increase cogeneration costs by 33 pct (24-11-2011)

Production costs for a cogeneration plant will increase by 33 pct following the introduction of the tax on greenhouse gas emissions, general manager of thermal power Full story

Romania will have 50.000 installed solar panel systems by 2014 (24-11-2011)

The Romanian solar panel market will reach 50.000 systems in the next two years, closing down the gap in volume compared to European markets, according to Full story