Energy
Natural Gas Prices Grow 5.83% for Household Consumers as of Aug 1
The price of natural gas for household consumers will be raised by 5.83% as of August 1, Romania's energy regulator ANRE said Thursday.
Nuclearelectrica Seeks to Complete Talks with China Nuclear Power Corp This Year
Romanian nuclear power plant operator Nuclearelectrica (SNN.RO) seeks to complete negotiations with China General Nuclear Power Corporation by the end of this year and to set up a joint-vent...
Engie Aims For 15 CNG Fueling Stations In Romania
Engie Romania, the largest natural gas distributor in the country, opened its first compressed natural gas (CNG) fueling station, which also has an electric vehicle charging facility, in Buc...
Transelectrica Re-elects Adrian Constantin Rusu As CEO, Extends Mandates Of Some Directorate Members
Romanian state-run power grid operator Transelectrica (TEL.RO) on Wednesday said its Supervisory Board re-elected Adrian Constantin Rusu as Directorate Chairman (alternatively called the Com...
Market Deregulation Helps Enel Overtake Electrica By Electricity Sales
The amount of electricity supplied to the household consumers who decided to switch providers and move into the competitive area tripled in the first quarter compared with the year-ago perio...
Nuclearelectrica Deputy GM Marian Serban Leaves Company on Aug 1
Marian Serban, deputy general manager of Nuclearelectrica and director of the Cernavoda nuclear power plant, will be leaving the company as of August 1.
Engie Buys Brasov-Based Smart Lighting Company Flashnet
French-held Engie, the largest natural gas distribution company in Romania, has acquired 60% in Flashnet, a company specializing in smart street lighting solutions owned by three Brasov entr...
Moody’s Changes Transelectrica Rating Outlook to Positive from Stable; Affirms Ba1 Ratings
International rating agency Moody’s Investors Service affirmed the rating of Romania's national power grid operator Transelectrica (TEL.RO) at Ba1, raising the outlook to positive from stabl...
KazMunayGas Bid to Sell 51% in KMGI to China Energy Company Falls Through
KMG International Group (KMGI) said Tuesday the deal to sell 51% of shareholding interest in KMG International N.V. to China Energy Company Limited has fallen through.