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CEE and SEE Countries Back the Role of Gas in Climate-neutral Europe

Date: 26.05.2020 Author: Tanja Srnovršnik
CEE and SEE Countries Back the Role of Gas in Climate-neutral EuropePhoto: Roman Peklaj

A group of eight EU countries from Central and South East Europe - Bulgaria, Czechia, Greece, Hungary, Lithuania, Poland, Romania and Slovakia - have published a position paper on the “role of

EC Recommends That EU States Focus Recovery Investments on Green Transition

Date: 22.05.2020 Author: Tanja Srnovršnik
EC Recommends That EU States Focus Recovery Investments on Green TransitionPhoto: Roman Peklaj

The European Commission proposed country-specific recommendations (CSRs) on Wednesday which provide economic policy guidance to all EU member states in the context of the coronavirus pandemic. The

Italian Enel Abandons Plans to Sell Romanian Assets

Date: 21.05.2020 Author: Peter Palčec
Italian Enel Abandons Plans to Sell Romanian AssetsPhoto: Andreja Krašna

The Italian utility group Enel has abandoned plans to sell the company’s stakes in its Romanian subsidiaries, reported the Romania Insider. "Enel will not sell its Romanian assets, since it now

Romanian Hidroelectrica Signs IPO Consultant Deal

Date: 21.05.2020 Author: Peter Palčec
Romanian Hidroelectrica Signs IPO Consultant DealPhoto: www.pixabay.com

Hidroelectrica, the largest producer of electricity and the most profitable state-owned company in Romania, has signed a contract worth EUR 955,000 with the company STJ Advisors for consulting

Energy Transition Index 2020: Sweden Ranks First, Slovenia Best in SEE

Date: 21.05.2020 Author: Peter Palčec
Energy Transition Index 2020: Sweden Ranks First, Slovenia Best in SEEPhoto: www.pixabay.com

“The year 2020 marks the beginning of the ‘decade of delivery’ on the energy transition. The ongoing COVID-19 pandemic has put a stop to business as usual, setting off a chain of events

Romania’s Romgaz to Invest EUR 3.2bn by 2025

Date: 20.05.2020 Author: Peter Palčec
Romania’s Romgaz to Invest EUR 3.2bn by 2025Photo: Energetika.NET

Romania's state-controlled gas company Romgaz plans to invest around RON 15.7 billion (EUR 3.2 billion) by 2026, according to the company's investment strategy that needs to be endorsed by

Romanian Hidroelectrica Plans to Build 600 MW of Wind Capacities by 2026

Date: 19.05.2020 Author: Tanja Srnovršnik
Romanian Hidroelectrica Plans to Build 600 MW of Wind Capacities by 2026Photo: WindEurope

Hidroelectrica, the largest electricity producer in Romania, has prepared an investment strategy which foresees investments worth RON 26 billion (EUR 5.37 billion) up to 2037. Onshore and offshore

Romanian Romgaz's EBIT Up 6.1% in Q1 2020

Date: 18.05.2020 Author: Peter Palčec
Romanian Romgaz's EBIT Up 6.1% in Q1 2020Photo: Energetika.NET

The Romanian natural gas producer and supplier Romgaz generated earnings before interest and taxes (EBIT) of RON 669.3 million (EUR 138.32 million) in the first quarter of 2020, up 6.1% compared to

OMV Petrom and Romgaz to Sell 30% of Domestic Gas Output on Centralised Markets

Date: 18.05.2020 Author: Peter Palčec
OMV Petrom and Romgaz to Sell 30% of Domestic Gas Output on Centralised MarketsPhoto: GCA

The Romanian oil and gas producers OMV Petrom and Romgaz will be obliged to auction about 30% of their gas production on the centralised Romanian markets for three years. The production will be

Romanian Transelectrica's Net Profit Up 103% in Q1 2020

Date: 18.05.2020 Author: Peter Palčec
Romanian Transelectrica's Net Profit Up 103% in Q1 2020Photo: Energetika.NET archive

The Romanian national power transmission system operator (TSO), Transelectrica, generated a net profit of RON 77 million (EUR 15.91 million) in the first quarter of 2020, up 103% compared to the same

Romanian Romgaz Looking to Diversify Its Energy Investments

Date: 15.05.2020 Author: Peter Palčec
Romanian Romgaz Looking to Diversify Its Energy InvestmentsPhoto: arhiv Energetike.NET

The Romanian natural gas producer and supplier Romgaz has launched a tender for a feasibility study aimed at exploring the opportunities to invest in wind or photovoltaic energy and biogas and

Romanian Electrica Generated Operating Profit in Q1 2020

Date: 15.05.2020 Author: Peter Palčec
Romanian Electrica Generated Operating Profit in Q1 2020Photo: Energetika.NET archive

The Romanian power supplier and distributor Electrica generated an operating profit of RON 99.99 million (EUR 9.87 million) in the first quarter of 2020, whilst in the same period last year the


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