Energy
Romania's Antitrust Body Looks Into LPG Port Operations Market
Romania's Competition Council has launched an investigation into a possible abuse of dominant position by Octogon Gas & Logistics SRL in the liquefied petroleum gas (LPG) port operations mar...
Fuel Wholesaler JT Grup Oil Buys EUR3M Tanker Ship From Gazprom
Fuel wholesaler JT Grup Oil (stock symbol: GTG) has carried out a total investment of approximately EUR3 million that entailed the acquisition and modernization of the largest tanker ship wh...
OMV Petrom Hydrocarbon Output Down 2.5% YoY In Q4/2024
OMV Petrom (stock symbol: SNP), the largest company in Romania by turnover, reached total hydrocarbon production of 107.2 thousand barrels of oil equivalent per day, in the fourth quarter of...
Romanian Government Considers Becoming Majority Shareholder Of Electrica Again
The Romanian Government is considering regaining the majority stake of the Electrica Group (EL.RO), in which it currently owns 49.8%, Economedia reports.
Nuclearelectrica Announces Changes In Its Management Team
Nuclear power producer Nuclearelectrica (stock symbol: SNN) has informed the capital market in a report on Jan. 10 that the position of General Manager of Cernavoda NPP Branch will be tempor...
Romgaz Expands Into Supplying Natural Gas To Household And Non-Household Consumers
The Energy Ministry welcomes the strategic initiative of Romgaz (SNG.RO) to expand its business to supply natural gas to household and non-household consumers, a decision that comes at an es...
Energy Minister: Romania Has All The Leverage To Ensure That Black Sea Gas Will Reach Romania First And Only Surplus Will Be Sold
The export of a quantity of natural gas from the Neptun Deep perimeter is part of the business plan of the Neptun Deep project and reflects Romania’s commitment to contributing to European e...
Premier Energy Completes 10 MW Photovoltaic Power Plant in Republic of Moldova in EUR4M Investment
Premier Energy, one of the largest natural gas suppliers in Romania has successfully finalized the development and construction of a 10 MW photovoltaic power plan close to Cismichioi localit...
Fitch Ratings Revises Romgaz's Outlook To Negative From Stable
Romanian natural gas producer and supplier Romgaz (stock symbol: SNG) has informed its shareholders and investors in a stock market report on Dec. 24 that Fitch Ratings has revised the compa...