The insolvent hydropower and hydrotechnical construction company, Hidroconstructia, informs that it will submit, for the approval of creditors, a viable reorganisation plan in the first quarter of ...

The price of electricity at the end consumer after the price cap is removed on April 1, 2025 will range between RON 1.03 - 1.15 per kWh, VAT included, which would mean a 21% price increase for those ...

The filling rate in storage facilities exceeds 101%, higher than the European average, and this winter Romania is even in a better position than last year, Energy Minister Sebastian Burduja said on ...

Oil Terminal SA reported a net profit of 45.26 million RON, up 91.25% in the first nine months of this year compared to the same period in 2023, according to revised financial results published on ...

Inauguration of Group 5 at the Rovinari Thermal Power Plant, in Gorj County, represents a significant investment in Romania’s energy sector, highlighting the continued role of coal-fired energy in the ...

A 40 MW photovoltaic park that can supply energy to 17,000 households was inaugurated on Monday in Vladimirescu commune, Arad County, following a private investment of 40 million euros, with the ...

The Vertical Gas Corridor has a vital role in strengthening energy security and eliminating Europe's dependence on Russian gas, the Minister of Energy, Sebastian Burduja, said on Wednesday at COP 29, ...

OMV petrom begins the execution of its first photovoltaic project, as the company awarded the EPPCC contract for the photovoltaic plant in Isalnita to an association of Romanian companies, according ...

During a meeting on Wednesday dedicated to discussing common priorities in the field of internal affairs and the advancement of Romania's Schengen accession process, Deputy Prime Minister and Minister ...

PPC Renewables Romania applied for a technical grid connection approval for a 727 MW photovoltaic project. Upon a current acquisition, the Greek company will top 1.3 GW in installed capacity in ...

Romania is doing better than Poland by certain criteria, but this is not talked about in the country, EBRD Director for Romania Victoria Zinchuk said on Wednesday at the 11th edition of the Foreign ...

The current account of the balance of payments recorded, in the first nine months of 2024, a deficit of 19.777 billion euros, an increase of 23.12% compared to the 16.063 billion euros from the ...