Energy
MOL Reports Growth in Fuel Sales in Romania in 1Q
Retail fuel sales of MOL Romania, the local division of Hungarian oil and gas group MOL, grew in the first quarter of the year, the company said Friday.
Second Wave of Green Energy Projects Faces Major Hurdle, National Power Grid Operator Says
The development of the second wave of renewable energy projects is facing a major hurdle, the incapacity of the national energy system to integrate new investments.
Nuclearelectrica Disconnects Cernavoda Unit 2 On May 9 For Planned Outage Program
Romanian nuclear power plant operator Nuclearelectrica (SNN.RO) on Thursday said it would disconnect Unit 2 at the power plant in Cernavoda from the national grid starting May 9, 2021 for a...
Nuclearelectrica Expects 6% Higher Revenue, Of RON2.74B, 20% Lower Net Profit, Of RON562M, In 2021
Shareholders of Romania's nuclear power producer Nuclearelectrica (SNN.RO), which operates the country's sole nuclear power plant, on Thursday approved, among others, the company’s budget of...
Marius Chiriac Appointed General Manager of Enel Energie and Enel Energie Muntenia
Marius Chiriac, the former coordinator of Enel X Romania, was appointed at the beginning of May as general manager of Enel Energie and Enel Energie Muntenia, companies that hold together the...
BSTDB Grants EUR15M Loan for Romania’s Midia Offshore Gas Development
The Black Sea Trade and Development Bank (BSTDB) has provided a EUR 15 million loan for the Midia Gas Development Project (MGD) to develop the Ana and Doina gas fields offshore Romania.
Evergent Investments Buys into Nuclearelectrica
Evergent Investments (former SIF Moldova, EVER.RO), the largest financial investment company by capitalization on the Bucharest Stock Exchange, bought into Nuclearelectrica (SNN.RO) in the f...
OMV Petrom Ready to Take on Operator Role if Romgaz Gets Neptun Deep Block, CEO Says
OMV Petrom Group has all the necessary expertise and is ready to take over the operator role of the Neptun Deep block in the Black Sea after US’ ExxonMobil left, in case the bid submitted by...
Transelectrica Majority Owner Calls New Shareholder Meeting To Approve 2020 Financial Statements, Dividend Payout
The Romanian State, the majority shareholder of power grid operator Transelectrica (TEL.RO), on Thursday called on the company to summon a new general meeting of shareholders in order to app...