Latest news

Candu Energy to collaborate with Chinese company on Romanian reactors

Canada's Candu Energy declared on Friday it will assist China Nuclear Power Engineering Company (CNPEC) in the construction of two nuclear reactors in European Union state Romania if and when the Chinese company comes to a decision to invest there.

read more... 28/07/2014

news

Romania: Transelectrica plans to invest 5.3 billion lei by 2023

Romanian state-owned power grid operator Transelectrica intends to make an investment of 5.3 billion lei ($1.65 billion) to improve its power network by 2023, as stated by the company on Thursday.

read more... 04/07/2014

news

Romania: cogeneration tax to be cut by approximately half as of July

Romania's energy regulator ANRE will reduce the tax for cogeneration, or combined heat and power, by approximately half, attaining 0.00996 lei per kilowatt from July, according to a statement on Monday.

read more... 01/07/2014

news

Hungary’s MOL likely to purchase ENI’s Czech, Slovak, Romanian units

Hungarian oil and gas group MOL declared it had decided to purchase Eni's Czech, Slovak and Romanian units, counting as well 208 filling stations, with the aim to expand market share, mainly in the Czech retail market.

read more... 08/05/2014

news

Romanian PM: No shale gas production in the next 5 years

Despite the fact that Romanian shale gas sector is its early stages, with the American oil giant Chevron having started the exploration of shale gas, Romanian Prime Minster Victor Ponta declared on Thursday that Romania will not exploit shale gas at least in the next five years.

read more... 30/04/2014

news