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German utility E.ON to invest over 375 mln euro in Romania by 2023

German utility E.ON said on Tuesday it plans to invest about 375 million euro ($422.5 million) in Romania during the period 2020-2023, through its two local subsidiaries Delgaz Grid and E.ON Energie Romania.

read more... 01/07/2020


OMV Petrom gets E&P license for Georgian Black Sea perimeter

Georgia’s Oil and Gas Agency has granted oil and gas exploration and extraction licenses to Romanian oil company OMV Petrom, a member of the Austrian OMV Group, reported.

read more... 29/06/2020


Romania’s largest gas provider set to embrace renewables

Romgaz is reportedly planning to invest in solar, wind, geothermal and biogas power projects by tendering for consultants.

read more... 21/05/2020


RO coal and power group CEO plans 310MW PV parks

Romanian coal and power complex CE Oltenia plans to achieve the restructuring and decarbonisation targets, among others, by developing four photovoltaic (PV) parks, to be located on contaminated land such as the areas currently used to store sludge and ash produced by its thermal power plants, and a tailings dump, where residues from the coal mining operations are deposited, reported.

read more... 06/03/2020


Romania's Romgaz to hire advisor on possible buy of ExxonMobil stake in Black Sea project

BUCHAREST (Romania), February 5 (SeeNews) - Romanian natural gas producer Romgaz [BSE:SNG] said that it is seeking the approval of its shareholders to hire an advisor on the possible acquisition of a stake in Neptun Deep offshore gas project in the Black Sea held by ExxonMobil.

read more... 05/02/2020