Energy
Romania Imports 1,400 MW After Shutting Down One Power Unit Amid Coal Miners' Strike
Romania is currently importing over 1,400 MW, the equivalent of its nuclear power plant output, due to the shutdown of one thermal power unit amid a coal miners' strike.
Antitrust Body Looks into Wirom Gas Takeover by Engie Romania
Romania's antitrust body said Wednesday it was looking into the deal whereby natural gas supplier Engie Romania takes over Wirom Gas.
Transgaz Starts Construction Works On Ungheni-Chisinau Gas Pipeline
Romania's natural gas transmission company Transgaz Medias has started the construction of the Ungheni-Chisinau natural gas pipeline, after having acquired Moldova's gas transmission company...
OMV Petrom Hydrocarbon Output Falls Slightly in 4Q/2018
OMV Petrom's total hydrocarbon output decreased slightly in the fourth quarter of 2018, to 156,000 barrels a day (boe/d), compared with 160,000 boe/d in the fourth quarter of 2017, the compa...
New Taxation Changes Hurt Most Representative Sectors on Bucharest Stock Exchange
Energy companies and banks, which are among the most traded stocks on the Bucharest Stock Exchange, will pass on to their customers the financial burden introduced by the Emergency Ordinance...
Only 40% Of Romania’s Power Generation Capacity Operational Now
Romania has the most expensive energy in the region today, judging by spot prices, after having resorted to imports to meet consumption needs on Monday, despite the peak wind farm production...
Hidroelectrica Seeks New Managers, Plans Investments of RON5.5B Until 2023
Romanian state-owned hydropower producer Hidroelectrica will be appointing new managers in January 2019, as current supervisory board members' mandates are set to expire on January 21.
Transelectrica Changes Its Directorate Members, Appoints Marius Carasol As CEO
The Supervisory Board of Romanian state-run power grid operator Transelectrica (TEL.RO) has decided, at its meeting on Friday (Dec 21), to revoke the four members of the Directorate and appo...
Romania Seeks to Cap Natural Gas Prices At RON68 Per Mwh until Feb 2022
Romanian Finance Minister Eugen Teodorovici announced on Tuesday, in a press conference outlining a series of new fiscal measures, that natural gas prices in the country will be capped at RO...