Latest news

The Romanian power production declining by 2.8 % in the first half of 2010

The Romanian power output declined 2.8 % in the first semester of 2010.

read more... 09/08/2010


Lufkin to build its first plant in Romania

Lufkin, an American oilfield and power transmission products supplier, announced its intention to build a production plant near Romanian oil center, Ploiesti.

read more... 14/07/2010


New offshore oil explorations for LUKOL in Black Sea

New oil sectors are available in the Romanian sector of Black Sea, where a consortium won the auction for the exploration and development of two blocks of 2,000 square kilometers, Est Rapsodia and Trident.

read more... 09/07/2010


CEZ to build the largest onshore wind park in Romania

Wind power capacity in Romania will increase till the end of this year reaching 400 MW and by 2013 it will attain 2,000 MW, according to the national price regulator.

read more... 27/05/2010


Romania wants to reduce its participation in Petrom

OMV, Austrian major oil and gas group, does not intend to increase its share in its Petrom division, even though the Romanian government would like to vend a part of its 21% stake in order to reduce its participation to 8%, according to OMV’s representative on Tuesday.

read more... 27/04/2010