Energy
MOL Sales Volume In Romania Rose In 2016
The volume of diesel oil and gasoline sales of Hungary’s oil group MOL in Romania rose in 2016, the company said in a statement Tuesday.
OMV Petrom, ExxonMobil Present Black Sea Gas Exploration Project To Government
Romanian Prime Minister Sorin Grindeanu had a meeting on Monday with a delegation of the consortium made of ExxonMobil and OMV Petrom, led by vice-president of ExxonMobil Development Company...
ANRE Takes Over Presidency Of Association Of National Energy Efficiency Agencies In Europe
Romania’s energy regulator ANRE, through the Department for Energy Efficiency, will take over the annual presidency and secretariat of the Association of national energy efficiency agencies...
OMV Petrom To Invest EUR60M In New Polyfuels Unit At Petrobrazi Refinery
OMV Petrom, the largest oil and gas producer in Southeastern Europe, on Wednesday announced an investment of nearly EUR60 million for a new unit to be built at the Petrobrazi Refinery, based...
ZF Power Summit ‘17: “If There Is No Support Scheme In Place, Investors Won’t Invest”
Everyone wants the government to give the market free rein but no investment in energy generation gets made without the government getting involved. The market wants long-term bilateral cont...
Tradeville: Romgaz Likely To Pay Gross Dividend Of RON2.52/Share, At 9% Yield
The shares of oil, gas and energy producers started to revive on the stock market at the end of 2016, after nearly three years of strong decline, considering that oil and gas company OMV Pet...
Hidroelectrica To Invest EUR300M In Station Upgrades - GM
Ovidiu Agliceru, general manager of Romania’s state-owned hydropower producer Hidroelectrica, said that January was a difficult month for the company as Danube flow decreased, forcing the co...
Investors: No One Is Putting Money Into Huge Energy Projects Any More
The time of big projects has passed; the changes that come with the digitalization of the energy sector make it impossible to freeze significant amounts of money into facilities that will ta...
Eurostat: EU Energy Consumption Below 1990 Level, Romania Posts One Of The Largest Decreases
Energy consumption in the EU fell below its 1990 level, with Romania registering one of the largest decreases, of 44%, but EU dependency on fossil fuel imports is growing, according to Euros...