Latest news
Unleashing Romania's Offshore Wind Potential
The Ministry of Energy has submitted for public debate a new legislative proposal for offshore wind energy in Romania. This law is eagerly awaited by the market, especially considering the lack of success in promulgating the two previous legislative drafts on the same topic
read more... 02/08/2023
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Romania's OMV Petrom hails largest oil find in decades
Romania's OMV Petrom said it has made a series of oil and gas discoveries in southern Romania including its largest crude find "in decades". The discoveries could help the firm reduce the decline in its upstream production and increase the intake of domestic crude at its 85,000 b/d Petrobrazi refinery in Ploiesti.
read more... 15/06/2023
Romania's energy bill support scheme set to cost $3.27 bln
Romania's scheme to shield households and smaller businesses from soaring energy bills will cost around 16 billion lei ($3.27 billion), Energy Minister Virgil Popescu said on Wednesday.
read more... 26/08/2022
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Southeast Europe can wean itself off Russian gas
Romania and Bulgaria, southeastern Europe’s largest energy consumers after Greece, plan to cut their reliance on Russian gas by 2024, but Moscow's presence in the region could slow down developments for investments, experts said.
read more... 06/04/2022
EU backs renewables and power network upgrades in Romania with €120m loan
The European Investment Bank (EIB) is supporting the deployment of renewable energy and advanced meters as well as the upgrade of electricity distribution networks in Romania with a €120 million (£103m) loan.
read more... 16/07/2021