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ELECTRICITY

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OMV Petrom Becomes Integrated Power And Gas Supplier
Energy

OMV Petrom Becomes Integrated Power And Gas Supplier

OMV Petrom, the only local oil and gas producer, plans to introduce combined electricity and gas offers and thus operate as an integrated utility supplier. It is also trying to protect its f...

Loredana Frățilă-Cristescu · 07.05.2015 · 00:00 · 2 min
RCS&RDS Takes On Electricity Market
Energy

RCS&RDS Takes On Electricity Market

RCS&RDS, the largest cable TV and fixed Internet service provider in Romania and a growing presence on the mobile telephony and media markets, wants to take on the energy sector, hoping it w...

Loredana Frățilă-Cristescu · 29.04.2015 · 00:00 · 2 min
Romania’s Industry Power Consumption Up 18% in 2014
Energy

Romania’s Industry Power Consumption Up 18% in 2014

Romania’s industrial sector used 29 TWh of electricity last year, 18% more than in 2013 and also more than in 2008, when consumption reached 22.4 TWh. One reason for the increase is the move...

Loredana Frățilă-Cristescu · 20.04.2015 · 23:36 · 2 min
Romania's Electricity Production Rose 11.3% Last Year, Consumption Rose 2%
Energy

Romania's Electricity Production Rose 11.3% Last Year, Consumption Rose 2%

Romania's electricity production grew 11.3% last year and net consumption grew 2%, to 53.5 TWh, Transelectrica board chairman Toni Teau said Wednesday.

Oana Gavrila · 25.03.2015 · 16:04 · 1 min
Metrorex Wants To Buy Electricity Through Nearly EUR16M Contract
Energy

Metrorex Wants To Buy Electricity Through Nearly EUR16M Contract

Bucharest subway transport operator Metrorex plans to purchase electricity for a one-year period, through a contract estimated at 69.5 million lei (EUR15.8 million), VAT included.

Ecaterina Craciun · 25.03.2015 · 11:04 · 1 min
Romania Produced And Exported Highest Amount Of Power In A Decade In 2014
Energy

Romania Produced And Exported Highest Amount Of Power In A Decade In 2014

Romania’s power generation business had its best year since 2003 last year, exporting a record amount of electricity. Green power generation hit an all-time high, too.

Loredana Frățilă-Cristescu · 04.03.2015 · 02:25 · 1 min
Five Female Executives Run EUR7.5B Businesses In Energy Sector
Energy

Five Female Executives Run EUR7.5B Businesses In Energy Sector

“To me, Petrom is more than just a company. It is a passion”. These are the words of Mariana Gheorghe, who became chief executive officer of OMV Petrom (SNP.RO), the only oil and gas produce...

Loredana Frățilă-Cristescu · 02.03.2015 · 08:57 · 3 min
Romania's Natural Gas Consumption Down 4% Last Year, Electricity Stable - Petrom
Energy

Romania's Natural Gas Consumption Down 4% Last Year, Electricity Stable - Petrom

Natural gas consumption in Romania declined 4% last year, on lower demand from fertilizers producers and a mild winter, while electricity consumption stagnated, according to OMV Petrom.

Oana Gavrila · 19.02.2015 · 11:04 · 1 min
Transelectrica Signs Agreement For Romania-Turkey Underwater Power Cable
Energy

Transelectrica Signs Agreement For Romania-Turkey Underwater Power Cable

Romanian power grid operator Transelectrica and Italy's Prysmian PowerLink will form a team of experts that will analyze the technical, commercial, financial and legal aspects of the buildin...

Oana Gavrila · 03.02.2015 · 12:08 · 1 min