Romanian State to build two new deposits for oil products, close to the Black Sea, on Oil Terminal’s land

The Romanian Company for Administrating State Owned Shares in Energy Field (SAPE), in partnership with Oil Terminal, want to build two deposits for oil products, according to sources in the industry. The... Read more »

Oltenia Energy Complex: Romania may request EU money to replace coal, same as Germany, Poland

Romania has to make a cost assessment of coal replacement for energy production and for industrial and professional conversion in Gorj and Jiu Valley and to request in Brussels European funds to... Read more »

A new generation of interns,  prepared by KMG International at Petromidia platform

KMG International has successfully completed the training of a new series of students, part of the „Ready to start your Career” internship program. Nearly 90 high school and university students participated in... Read more »

MoU between Romania and US on civil nuclear cooperation, signed by PM Dancila, US Secretary Perry

 The Memorandum of Understanding between Romania’s and the United States of America’s Governments on cooperation in the civil nuclear field was signed at a meeting between the Romanian Prime Minister, Viorica Dancila... Read more »

Price for Romanian gas double than price on international markets, in August

The price for the Romanian gas traded on the Romanian Commodities Exchange (BRM) is double the price of the gas traded on the Vienna Exchange, namely 106.8 lei against 56.2 lei per... Read more »

EXCLUSIVE Germans of E.On change management in Romania. Sources: Frank Hajdinjak will be replaced

German Group E.On decided to change the top management of its operations in Romania, sources on the local energy market told us. Even Frank Hajdinjak, the “brain” of all operations in Romania,... Read more »

CEZ has decided: it wants to sell the Romanian assets by end-2022. How the local business performed in H1

The Czech Group CEZ, which already announced its strategy of selling the assets from some Eastern European countries, including Romania, has set the deadline for doing this. “Finalizing the selling of assets... Read more »

Premiere: Rompetrol entered Top 10 the most valuable brands in Romania

Rompetrol, the second oil company of Romania, entered, for the first time in the top 10 brands in Romania, as value, according to the report published by Brand Finance, a global independent... Read more »

INTERVIEW Livio Gallo, Enel: We will require shorter terms of installing smartmeters, 2028 is very far, re-evaluate investment plans in Romania

Livio Gallo, Head of Global Infrastructure and Networks of the Enel Group, had a brief discussion with Romanian journalists on the Eurelectric Power Summit 2019. Now that the regulated remuneration rate was increased, by... Read more »

Gazprom-owned company finds oil in Romania, aims to begin production later this year

Nis Petrol Romania, a company indirectly owned by Russian giant Gazprom, has confirmed  that it has found oil in western Romania. Nis has already signed an agreement with Conpet to retrieve and... Read more »