ROMANIA

Romanian Fondul Proprietatea to Sell 2.5% of OMV Petrom

Date: 21.09.2017 Author: Tanja Srnovršnik Volarič
Romanian Fondul Proprietatea to Sell 2.5% of OMV PetromPhoto: Roman Peklaj

The Romanian investment fund Fondul Proprietatea said on Tuesday that it will sell 1.454 billion existing shares in the Romanian oil and gas company OMV Petrom in an accelerated bookbuild offering.

New SEE Report: Romanian Spot Power Prices Increase to Over 50 EUR/MWh

Date: 20.09.2017 Author: Energetika.NET
New SEE Report: Romanian Spot Power Prices Increase to Over 50 EUR/MWhPhoto: Roman Peklaj

Find out more about the latest movements of spot power market prices in South East Europe (SEE) in Balkan Energy Trading report, prepared for Energetika.NET by Balkan Energy News.

Romanian Ministry Authorises Construction of Two Gas Pipelines

Date: 20.09.2017 Author: Tanja Srnovršnik Volarič
Romanian Ministry Authorises Construction of Two Gas PipelinesPhoto: Energetika.NET

The Romanian Ministry of Energy issued an authorisation for the construction of gas pipelines on the Onești-Gherăști and Gherăști-Lețcani routes on 15 September. The two pipelines, with a total

Romania: Premier Energy Authorised to Take Over Forte Gaz

Date: 20.09.2017 Author: Tanja Srnovršnik Volarič
Romania: Premier Energy Authorised to Take Over Forte GazPhoto: Roman Peklaj

The Romanian Competition Council has authorised a transaction through which Premier Energy will take over Forte Gaz GN, said the Competition Council on Tuesday.

Romanian OMV Petrom to Invest EUR 70m in New Drilling Campaign in Black Sea

Date: 19.09.2017 Author: Tanja Srnovršnik Volarič
Romanian OMV Petrom to Invest EUR 70m in New Drilling Campaign in Black SeaPhoto: OMV Petrom

The Romanian oil and gas company OMV Petrom announced on Monday that it will start a new drilling campaign in the shallow waters of the Istria block in the Black Sea. As part of this campaign, four

Italian Enel Appoints New General Manager in Romania

Date: 15.09.2017 Author: Tanja Srnovršnik Volarič
Italian Enel Appoints New General Manager in RomaniaPhoto: Roman Pekljaj

The Italian energy group Enel has appointed Michele Abbate as the new general manager of Enel Energie and Enel Energie Muntenia, the two energy suppliers that the Italian group Enel owns in Romania,

Romanian Hidroelectrica's Gross Profit Up 6% in First 7 Months of 2017

Date: 14.09.2017 Author: Tanja Srnovršnik Volarič
Romanian Hidroelectrica's Gross Profit Up 6% in First 7 Months of 2017Photo: Alenka Žumbar

The Romanian state-controlled hydropower producer Hidroelectrica registered a gross profit of RON 971.88 million (EUR 211.2 million) in the first seven months, up 6% year-on-year, according to the

Romanian OMV Petrom Fined For Lack of Necessary Documents for Its Wells

Date: 14.09.2017 Author: Tanja Srnovršnik Volarič
Romanian OMV Petrom Fined For Lack of Necessary Documents for Its WellsPhoto: Tanja S. Volarič

The Romanian oil and gas company OMV Petrom has been fined RON 60,000 (EUR 13,045.87) by the Olt County National Environmental Guard for operating 25 wells without having the necessary documents,

Report: Low Power Prices Serious Stumbling Block for New Nuclear in CEE

Date: 13.09.2017 Author: Tanja Srnovršnik Volarič
Report: Low Power Prices Serious Stumbling Block for New Nuclear in CEEPhoto: Energetika.NET archive

As with most other large power projects in Europe, especially nuclear, the lower market price for electricity is likely to be a significant stumbling block for the deal between the Romanian government

Romania's Power Exports Down 10.5% in First 7 Months of 2017

Date: 13.09.2017 Author: Tanja Srnovršnik Volarič
Romania's Power Exports Down 10.5% in First 7 Months of 2017Photo: © European Communities, 2009

Romania's electricity imports fell by 12% year-on-year in the first seven months of 2017, to 2,047.1 GWh, while electricity exports fell by 10.5% to 4,162.7GWh, reported Romania's National Institute

Serbia Also Considering Gas Link with Romania

Date: 12.09.2017 Author: Tanja Srnovršnik Volarič
Serbia Also Considering Gas Link with RomaniaPhoto: Roman Peklaj

Serbia is actively working on a project for a gas interconnection with Bulgaria, however, the country is also considering an interconnection with Romania, said Serbia's Minister of Mining and Energy,

Day-Ahead Volumes on Romanian OPCOM Down 5.43% Year-on-Year in August

Date: 12.09.2017 Author: Tanja Srnovršnik Volarič
Day-Ahead Volumes on Romanian OPCOM Down 5.43% Year-on-Year in AugustPhoto: Roman Peklaj

The traded volume on Romania's day-ahead market totalled 2,144,633.8 MWh in August 2017, up 0.48% compared to July 2017 and down 5.43% compared to the same month in 2016, reported the Romanian gas and

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