Latest news

Iberdrola Renovables to build an 80 MW wind farm in Romania

A new wind farm will be built in the southeastern part of Romania, in Constanza by a globally known wind company Iberdrola Renovables. The wind plant, called Mihai Viteazu, will consist of 40 wind turbines of 2 MW each and will supply energy to around 1 million people, equal to the population of Romania’s capital, Bucharest. The construction of this wind plant will also lead to a further cut of the CO2 emissions by 1.25 million tones per year.

read more... 25/03/2011


Lukoil Overseas and Vanco International to explore two offshore blocks in Romania

A consortium, formed by Lukoil Overseas and U.S. Vanco International signed concession agreements with the National Agency for Mineral Resources of Romania. The agreements provide the joint exploration and development of two blocks, Est Rapsodia and Trident, in the Romanian sector of the Black Sea.

read more... 28/02/2011


Romania – future joint member of South Stream gas pipeline project

Gazprom will keep financing the South Stream gas pipeline project, which has to be ready until 2015, according to Gazprom Chief Executive Alexei Miller.

read more... 14/10/2010


Romania attracts wind investors.

Bucharest made its renewable energy a priority hoping to meet EU carbon emission targets, by having 20 percent of its power coming from renewable energy.

read more... 08/10/2010


Hungary joins AGRI LNG Interconnector gas supply project

Hungary has signed an agreement with Azerbaijan, Romania and Georgia to join the Azerbaijan-Georgia-Romania Interconnector (AGRI) project, which would help diversify energy supply as the Hungarian government said on Tuesday.

read more... 15/09/2010