Energy
OMV Petrom Posts Record High Gas Result Via Regional Activity
OMV Petrom, the only local oil and gas producer, posted RON2.9 billion operating result on the gas and energy segment for the first nine months of 2022, almost seven times higher than in the...
Black Sea Pushes Romania’s Natural Gas Production Back Up
Gas production in Romania reached 6.7 billion cubic meters In the first nine months of the year, up slightly from 6.6 billion cubic meters in the same period last year, data provided by the...
Clifford Chance Badea Advised Rezolv Energy On Acquisition Of 1,044 MW Solar Park From Monsson Group
Clifford Chance Badea, the local office of global law firm Clifford Chance, has advised Rezolv Energy, the portfolio business of global investment fund in sustainable infrastructure Actis, o...
KPMG Assisted Monsson With Sale Of Europe’s Biggest Solar Park Of Arad To Rezolv Energy
The Energy Deal Advisory team of KPMG in Romania assisted Monsson, the leading developer of renewable energy projects in Romania, with the sale of the largest solar project development in Eu...
Muntmark Sells Europe’s Biggest Solar Park, of Arad, to British-Held Rezolv Energy
Monsson group, the biggest green energy project developer in Romania, has signed an agreement with Rezolv Energy, a company owned by British investment fund Actis, for the development of a 1...
ANRE Approves National Natural Gas Transmission System Development Plan
Romania’s energy market watchdog ANRE approved on Tuesday, during the meeting of the Regulatory Committee, the National Natural Gas Transmission System Development Plan (PDSNT) for the 2022-...
Romgaz Sells RON330M Worth of Natural Gas to Electrocentrale Bucuresti
Romgaz (SNG.RO), a state-run natural gas producer and supplier, on November 1 announced a deal with Electrocentrale Bucuresti, the main provider of heating via the central heating system of...
Eurostat: Romania Saw Fourth Highest Household Power Price Increase in H1
Electricity prices for household consumers rose in almost all EU member countries in the first half, with the highest increases seen in the Czech Republic (62%), Latvia (59%) and Denmark (57...
Siemens Energy Wants to Grow Further in Romania
Siemens Energy, a major energy technology company, has already recruited 450 Romanian engineers in Romania, to be added to its initial 200-member team, and plans further growth in the coming...