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Enel_statie de inalta tensiune

Enel, the new player on the natural gas market for residential clients in Romania

Power April 21, 2017 15:23 0 comments

Italian utility Enel, which has been present in the local electricity sector since 2005, has entered on the natural gas supply market for residential clients.  “We are proud and confident regarding the entery on the…more »

Powerelectric

Analysis. Why PPPs for Romania’s energy sector remain unexplored

Power April 11, 2017 16:54 0 comments BR Exclusive

With Romania’s investment requirements in the energy sector forecasted to reach EUR 15-30 billion by 2030, according to its updated energy strategy, the authorities will need to have all financing options on the table, including…more »

Enel_statie de inalta tensiune

M&A alert. Enel pays EUR 400 mln for 13.6 pct of Romanian subsidiaries E-Distributie Muntenia and Enel Energie Muntenia

Power April 10, 2017 16:41 0 comments

Enel S.p.A.  announced that its subsidiary Enel Investment Holding B.V. (“EIH”) has today finished the acquisition from SAPE S.A. (“SAPE”, the Romanian state-owned holding company that owns state shareholdings) of around 13.6 percent of the…more »

chevron

Chevron dropped shale gas project in Romania over economic reason, says US ambassador

Oil & Gas April 07, 2017 10:02 0 comments

Oil major Chevron abandoned its shale gas project in Romania due to economic reasons, said the US ambassador to Romania, Hans Klemm. The company had started searching for shale gas in Romania back in 2013,…more »

Linde ASU AMG2

M&A alert. Linde Gas Romania completes acquisition of two gas suppliers

Oil & Gas April 06, 2017 16:07 0 comments

Linde Gas Romania, the supplier of industrial gases, has finished the acquisition of ITO Industries International Romania and Rodmir Expert, both suppliers of gas in the retail sector. The deal impacts the industrial gas operations…more »

"wind farm"

Major change on Romania’s renewable market: Green certificates to be valid until 2032

Green & Renewables March 31, 2017 10:30 0 comments

The government approved the emergency ordinance to change and complete the renewable law 220/2008 to improve the framework in the energy production field from green sources and to support the development of this sector, at…more »

Romania Oil & Gas Summit

Romania’s gas prices liberalization for households to start in April, after 10-year delay

Oil & Gas March 30, 2017 13:31 0 comments

The Ministry of Energy said that the prices for domestic gas go through a liberalization process starting April 1, as there are no technical reasons to postpone this move any more. Toma Petcu, the minister…more »

Romania Oil & Gas Summit

OMV Petrom and ExxonMobil give up on Midia Deep perimeter in Black Sea

Oil & Gas March 27, 2017 11:49 0 comments

OMV Petrom and ExxonMobil have given up on the oil concession Midia Deep in the Black Sea, taken over from Sterling Resources in 2014. The consortium will focus on the main project of the Romanian…more »

Enel_statie de inalta tensiune

Enel to invest EUR 329 mln in Romania in 2017-2018 period

Power March 23, 2017 12:42 0 comments

Italian utility Enel will invest EUR 329 million in Romania during the 2017-2018 period for service improvement, out of which over EUR 151 million are due for 2017 and EUR 178 million for 2018. “Enel…more »

gas price

Romania’s gas imports up by 271.5 pct in January, production up by 0.2 pct

Oil & Gas March 22, 2017 08:01 0 comments

Romania imported 281,200 tones equivalent in oil (tep) in January, which is 271.5 percent more compared with the same period of 2016, according to the National Institute of Statistics (INS). The domestic gas production amounted…more »