Latest news
Romania: gas price deregulation delayed to 2021
The lower house of the Romanian parliament deferred on Wednesday intended deregulation of household gas prices by two and a half years to July 2021 seeking to support customers in the second poorest state of the European Union.
read more... 18/09/2014
Romania: coupling of the energy market with the region at the end of this year on in 2015
Romania's energy exchange Opcom will be connected to Czech, Slovakian and Hungarian markets at the end of this year or in 2015, aiding increase exports, as stated by Energy Minister Razvan Nicolescu on Tuesday.
read more... 10/09/2014
China: CGN submits single offer to construct 2 nuclear reactors in Romania
A non-binding bid has been filed by China Nuclear Power Corporation (CGN) to its partner, the Romanian nuclear power producer owned by state Nuclearelectrica, in building two nuclear reactors on the river Danube, as stated by the Romanian company's executive on Tuesday.
read more... 10/09/2014
Exxon and Petrom will have to invest $4-5 billion if gas discovery in the Black Sea is confirmed
Romania's major oil and gas conglomerate Petrom and U.S. top oil company ExxonMobil will have to invest $4-5 billion in the extraction of gas from a Black Sea field, in case additional data confirms their discovery, according to the statement made by President Traian Basescu on Wednesday.
read more... 04/09/2014
Romanian, Polish futures contracts to be launched by Prague power bourse
On September 1, Polish and Romanian futures contracts will be launched by the Power Exchange Central Europe in a move designed at increasing liquidity and turning into a regional trading centre for central and southeastern Europe.
read more... 26/08/2014