Energy
Bulrom Expands Into Fuel Retail With OCTANO Gas Stations
Bulrom Gas, one of the leading actors of Romania’s liquefied petroleum gas (LPG) market, plans to open its first ten stores under the OCTANO brand this year.
Electricity Suppliers Call For Sole Energy Transport Tariff, Reintroduction Of Bilateral Contracts
The Association of Electricity Suppliers in Romania (AFEER) is calling on authorities to apply a sole energy transport tariff countrywide and to reintroduce bilateral contracts negotiated di...
Electrica Board Of Directors Revokes CEO Mandate Of Ioan Rosca
The Board of Directors of Romanian power distributor Electrica (EL.RO) revoked the CEO mandate of Ioan Rosca and named CFO Iuliana Andronache as interim CEO until appointing a new general ma...
Energy Ministry Sets Up Mining Coordination Committee
Romanian Energy Ministry announced on Friday the setup of the mining coordination committee, in charge with assessing the sector of energy mineral resources – coal and uranium – and proposin...
Pricewaterhouse Coopers And George Butunoiu To Seek Administrators For Three Power Companies
The association between Pricewaterhouse Coopers and George Butunoiu Group will seek administrators for three state-run energy companies, based on services contracts concluded with the Romani...
Wind Farms And Solar Parks Covered Almost 16% Of Romania’s Power Consumption In 2015
Wind farms and solar parks covered almost 16% of Romania’s power consumption in 2015. Last year was also the year with the lowest investments in renewable energy since 2009, when the green p...
Romgaz Expects RON1.3B Net Profit In 2016
Romgaz Medias (SNG.RO), the largest local natural gas producer, budgeted 12% higher net profit for 2016, 1.3 billion lei (EUR292 million), as it expects provision costs to drop.
Fuel Market Stays At EUR9B In 2015 Despite Higher Sales Volumes
The sales of the more than 2,000 gas stations in Romania were almost flat at EUR9 billion last year despite a 9% rise in the fuel sales volume driven by demand for diesel, according to Natio...
Nuclearelectrica Terminates Uranium Supply Contract With National Uranium Company
Romanian state-owned nuclear power producer Nuclearelectrica (SNN.RO), on Thursday said it terminated its contract with the National Uranium Company (CNU) after the latter boosted by 76% the...