Energy
Restart Energy To Launch EUR3-5M Corporate Bond Issue
Restart Energy, a local independent supplier of electricity and natural gas founded in 2015 in Timisoara, is preparing a corporate bond issue of EUR3-5 million on the Bucharest Stock Exchang...
OMV Petrom Invests Nearly EUR32M In New Drilling Campaign In The Black Sea
OMV Petrom, the largest energy company in Southeastern Europe, initiated a new offshore drilling campaign in the shallow waters of the Istria block in the Black Sea. The first drilling opera...
OMV Petrom Hydrocarbon Output Drops 7.6% YoY In 4Q/2020
OMV Petrom (SNP.RO), the largest Romanian oil and gas company, said Thursday in a report that its total hydrocarbon production stood at 140,200 boe/day in the fourth quarter of 2020, lower b...
Bucharest City Hall Seeks to Buy Thermal Power Producer ELCEN
Bucharest general mayor Nicusor Dan said Thursday the city hall intends to acquire state-owned thermal power producer Electrocentrale Bucuresti (ELCEN), which is the capital city's heat supp...
Adrian Volintiru Revoked As Chief Executive Officer Of Romgaz
The Board of Directors of Romania's state-owned natural gas producer Romgaz Medias (SNG.RO) on Wednesday revoked Adrian Volintiru from the position of Chief Executive Officer of the company.
Nuclearelectrica To Get $1.3M Non-Refundable Grant From US-TDA To Identify, Assess Potential Nuclear Sites In Romania
Romanian nuclear power plant operator Nuclearelectrica (SNN.RO) said Wednesday in a stock market report that it would receive a non-refundable grant of $1.3 million from US-TDA that aims to...
ENGIE Romania Completes Acquisition Of Photovoltaic Park In Harghita County
ENGIE Romania, the largest player on the Romanian natural gas distribution and supply market, has completed the acquisition of a photovoltaic park, consisting of two farms, with a total inst...
Nuclearelectrica Disconnects Cernavoda Unit 1 Friday Night
Romanian nuclear power plant operator Nuclearelectrica will shut down nuclear reactor 1 at the power plant in Cernavoda on Friday to Saturday night ( January 15-16, 2021) for repairs.
E-Distributie Banat Invested RON127M In Power Grid Upgrades In Western Romania In 2020
Romanian electricity distribution company E-Distributie Banat, part of Italian utility group Enel, invested RON127 million in digitizing and modernizing the power grids in western counties o...