Latest news

Romanian household gas prices will increase by 5-8% from July

Romanian gas prices will increase by 5-8 percent on average starting from July, as a result of the continuing market deregulation agreed under an IMF-led aid agreement, as declared by the head of the country's energy regulator ANRE.

read more... 24/04/2015


EU consents rescue assistance for Romanian coal power producer

The European Commission declared on Tuesday it would permit Romania's leftist government to offer a rescue help estimated at 167 million lei ($40.3 million) to indebted state-owned coal power producer CE Hunedoara to keep it operating for the next six months.

read more... 22/04/2015


Bulgaria and Romania start joint tender to finish gas connection

Bulgaria started a joint tender with Romania to accomplish the much-postponed gas interconnector between the Balkan neighbours, as declared by the state owned gas network operator Bulgartransgaz.

read more... 23/03/2015


Chevron wants to stop Romania shale gas project

Chevron Corp declared it will stop shale gas exploration plans in Romania, after an evaluation demonstrated the Black Sea state does not contest constructively with other investment opportunities.

read more... 23/02/2015


Five companies interested in building Romanian hydro power plant

Five firms have submitted preliminary, non-binding offers to construct a 1,000 megawatt hydro power plant at Tarnita in Romania, as stated by the state-owned project company Hidro Tarnita on Friday.

read more... 02/02/2015