Energy
CIS Gaz Opens Branch In Egypt, Delivers First Equipment Manufactured In Romania Within Project Developed By Egyptian Govt
CIS Gaz, a Romanian natural gas company, founded in 1990 by Sebastian Calugar in Mures county, has opened a branch in Cairo and delivers the first equipment manufactured in Romania within th...
Hidroelectrica Resumes Tender For Vidraru Hydropower Plant Refurbishment
Hidroelectrica has announced on Monday (Feb 26) that it relaunched the tender for the re-engineering of the Vidraru hydropower plant, through the electronic public procurement system (SEAP),...
Fondul Proprietatea Collects RON432.6M From Sale Of Engie Romania Stake To GDF International
Fondul Proprietatea via its manager Franklin Templeton International Services on Tuesday notified the Bucharest Stock Exchange of having completed the sale of its Engie Romania stake to GDF...
Transelectrica Gets Another EUR48M Funding Via Modernization Fund
Romania’s national power transmission company Transelectrica (TEL.RO) got EUR48 million non-repayable funding on Tuesday, February 20, via the tenth funding contract the Energy Ministry sign...
Silcotub Zalau Starts Construction Of 21MW PV Park In Calarasi
Industrial pipe manufacturer Silcotub Zalau, part of the international Tenaris group, held by the Italian Roca family, has started construction of a photovoltaic power project, with a namepl...
Romania’s Crude Oil Production Drops 4.4% YoY In 2023
Romania produced a quantity of crude oil of 2.795 million tons of oil equivalent (toe) in 2023, fewer by 129,200 toe (-4.4%) than in the same period of 2022, in line with data released by th...
Nuclearelectrica Signs MoU With SACE And Ansaldo Nucleare To Advance Development Of Cernavoda NPP Units
Nuclearelectrica has signed, in Rome, in the presence of Romania's economy minister Stefan-Radu Oprea, and the Minister of Business and Made in Italy, Adolfo Urso, a Memorandum of Understand...
Distributie Oltenia Gets RON193M Financing For Investments In Electrical Networks
At the end of 2023, electricity distribution company Distributie Oltenia drafted the documents needed to obtain financing from the energy ministry for 22 projects, in the counties of Arges,...
Retele Electrice Companies Attract Investments Worth Over RON433M For Electricity Networks
Romania's energy ministry and the companies Retele Electrice Muntenia, Retele Electrice Banat and Retele Electrice Dobrogea (part of the PPC Group in Romania, previously named E-Distributie...