ROMANIA

Romania to Reach 1m Electric or Hybrid Vehicles by 2030

Date: 23.02.2018 Author: Peter Palčec
Romania to Reach 1m Electric or Hybrid Vehicles by 2030Photo: arhiv Banke Koper

“By the year 2030 Romania will have over 1 million electric or hybrid vehicles,” said Razvan Nicolescu, energy & resources industry leader at Deloitte, reported the Romania Journal.

Romania’s OMV Petrom and ExxonMobil to Extract 6 bcm of Gas in the Black Sea

Date: 22.02.2018 Author: Peter Palčec
Romania’s OMV Petrom and ExxonMobil to Extract 6 bcm of Gas in the Black SeaPhoto: 

“Romania’s oil and gas company, OMV Petrom, and the U.S. group ExxonMobil will extract 6 billion cubic metres (bcm) of gas from the Neptun block in the Black Sea in the period 2020-2021. If the

Romanian OMV Petrom's Operating Profit Up 122% in 2017

Date: 22.02.2018 Author: Tanja Srnovršnik Volarič
Romanian OMV Petrom's Operating Profit Up 122% in 2017Photo: OMV Petrom

The Romanian oil and gas group OMV Petrom generated an operating profit of RON 3.27 billion (EUR 701.8 million) in 2017, up 122% compared to 2016. This growth was driven mainly by higher sales and

Two Bindings Offers for Greece’s Desfa

Date: 21.02.2018 Author: Peter Palčec
Two Bindings Offers for Greece’s DesfaPhoto: Roman Peklaj

The Hellenic Republic Asset Development Fund (HRADF) has received two binding offers for a 66% share in the Greek TSO, Desfa, states a press release from the Romanian gas TSO, Transgaz, on the

Romanian Romgaz Expects EUR 6.43m of Additional Expenses with Royalties in 2018

Date: 21.02.2018 Author: Peter Palčec
Romanian Romgaz Expects EUR 6.43m of Additional Expenses with Royalties in 2018Photo: iStockphoto

Officials from the Romanian natural gas producer and supplier Romgaz have estimated additional expenses of RON 24-30 million (EUR 5.146–6.43 million), with royalties, due to a change in the

Romanian Transgaz Interested in Greek LNG Terminal

Date: 20.02.2018 Author: Tanja Srnovršnik Volarič
Romanian Transgaz Interested in Greek LNG TerminalPhoto: www.pomorskodobro.com

The Romanian gas TSO, Transgaz, who is a partner in a consortium bidding for a stake in the Greek TSO, Desfa, in interested in the development of the Revithoussa LNG terminal, reported the Romania

Romania to Align to European Environmental Regulations at Its Own Pace

Date: 20.02.2018 Author: Peter Palčec
Romania to Align to European Environmental Regulations at Its Own PacePhoto: © European Communities, 2009

Romania is not yet ready to renounce the production of energy based on coal, said Romania’s Energy Minister, Anton Anton, reported Nineoclock.ro. The minister stressed that Romania’s thermal power

Romanian Hidroelectrica’s Listing on BSE to Be Postponed

Date: 20.02.2018 Author: Peter Palčec
Romanian Hidroelectrica’s Listing on BSE to Be PostponedPhoto: Martina Budal

Romania's new Minister of Energy, Anton Anton, has said that the Romanian power producer Hidroelectrica needs more time to consolidate its operations before it lists a minority stake on the Bucharest

Romanian Hidroelectrica Re-launches EUR 78.9m Tender for Vidraru HPP

Date: 20.02.2018 Author: Peter Palčec
Romanian Hidroelectrica Re-launches EUR 78.9m Tender for Vidraru HPPPhoto: Tomaž Klopčič

Hidroelectrica, the Romanian state-owned power generation company, has re-launched the EUR 78.9 million tender for upgrading its Vidraru hydropower plant (HPP), which is one of the largest HPPs in

MOL Romania Opens First Charging Station for Electric Cars in Bucharest

Date: 20.02.2018 Author: Peter Palčec
MOL Romania Opens First Charging Station for Electric Cars in BucharestPhoto: Martina Budal

MOL Romania, a subsidiary of the Hungarian oil and gas company MOL group, has opened its first charging station for electric cars in Bucharest, according to MOL Romania’s website.

Romanian Transelectrica's Operating Profit Down 80.86% in 2017

Date: 19.02.2018 Author: Peter Palčec
Romanian Transelectrica's Operating Profit Down 80.86% in 2017Photo: Ana V. Vršnak

The operating profit of the Romanian national power transmission system operator, Transelectrica, fell 80.86% year-on-year to RON 67.3 million (EUR 14.4 million) in 2017, according to the company's

Šefčovič: Southern Gas Corridor of Strategic Importance

Date: 16.02.2018 Author: Tanja Srnovršnik Volarič
Šefčovič: Southern Gas Corridor of Strategic ImportancePhoto: European Commission

The Southern Gas Corridor “is of strategic importance for European energy security, especially in the most vulnerable parts of Europe, such as South East Europe (SEE) and southern Italy”, said the

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