Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS


Energy & Environment

Aurel Gheorghe replaces Gheorghe Du?u as the president of ANRM

Thursday, January 19, 2017

Aurel Gheorghe, who held until now the position of head of the General Directorate for Management, Evaluation, Resources Concession of the National Agency for Mineral Resources (NAMR), has been appointed as president replacing Gheorghe Du?u, according to a decision of the Prime Minister Sorin Grindeanu, published on Monday in the Official Gazette, energynomics.ro reports. According to his LinkeIn page, Aurel Gheorghe have ...

Developers require measures to unlock investment in wind energy projects

Thursday, January 19, 2017

The developement companies of wind energy projects point out and urgently request the Romanian Government to adopt measures to unlock investments in new projects for producing energy from renewable sources in Romania, energynomics.ro informs. From the perspective of the 10 signatory companies of the press release, the swift implementation of these measures can prevent the recurrence of crises situations in the national energy ...

Energy consumption grows by up to 35% due to bad weather

Thursday, January 12, 2017

The consumption of electricity and gas at national level will reach record values on Monday and on Tuesday, but the necessary capacities to cover this peak exist, said the Minister of Energy Toma Petcu at the end of the winter command meeting, quoted by Agerpres. According to him, the electricity consumption will exceed 9.500 MW, and the gas consumption could reach 74 million cubic meters per day. On Monday, the gas consumption was 68-69 million cubic meters. “We ...

EurActiv: Commission notes cast doubt over approval of Russian-backed nuclear project

Thursday, January 12, 2017

EXCLUSIVE/ The European Commission was prepared to spoon-feed Hungary arguments to close an investigation into the controversial €12 billion Paks II nuclear plant project, according to documents obtained by EurActiv.com Internal Commission memos indicate that Director General for Energy, Dominique Ristori, told Hungary’s Secretary of State Balazs Sonkodi that the arguments used to justify the absence of a public tender were invalid. Rosatom and the ...

Power of renewable energy producers amounted to 4,710 MW at the end of November 2016

Thursday, January 12, 2017


The installed power of renewable energy producers amounted to 4,710 MW at the end of November of last year, according to data centralized by grid operator ...

Renewables closed about 8% of capacity during 2016

Thursday, January 12, 2017

The installed power of the energy producers from renewable sources totaled 4.710 MW at the end of November 2016, according to centralized data by Transelectrica, reflecting a decrease of 8.4% compared to December 2015. Thus, in the system there were wind farms with an output of 2.963 MW, photovoltaic plants with a total capacity of 1.323 MW, small hydropower plants (320 MW) and projects based on biomass with a cumulative power of 104 MW, according to Agerpres and Bursa. At ...

Romania new royalties scheme for oil&gas to be rolled out in Q1, says minister of finance

Thursday, January 12, 2017

The minister of finance, Viorel Stefan, said during the hearings in Parliament for the approval of the new government, that the authorities will roll out new legislation that changes the way in which the oil and gas firms are taxed in Romania, business-review.eu reads. Stefan said that on top of the amended royalties scheme, the Romanian ...

Real-time energy data open to all

Thursday, January 12, 2017


Electricity suppliers are increasingly using real-time data to visualise Europe’s energy grid in order to carry out their day-to-day work and it is information that is open to everyone EurActiv’s partner Der Tagesspiegel provides an overview. A new tool known as ...

Romania imported 6.068 million toe of crude in the first ten months of 2016

Thursday, January 5, 2017

In the first ten months of 2016 Romania imported 6.068 million toe of crude, up 236,900 toe (4.1 percent) from the same period of the year before, according to data with the National Institute of Statistics (INS). The country's crude output made up 2.994 million toe, down 4.5 percent (141,300 toe) from January - October 2015.Under Romania's Energy Strategy, posted on the website of the Energy Ministry, Romania's production of crude will continue ...

Imported natural gas will cover one quarter of Romania's consumption in January 2017

Thursday, January 5, 2017

Imported natural gas will cover one quarter of Romania's consumption in January 2017 and Russian gas will provide for 4.35 percent of the households' consumption, a document of the National Energy Regulatory Authority (ANRE) informs. Of January's total gas demand estimate of 19.9 million MWh, current imports will account for 4.5 million MWh, specifically 23 percent. The current domestic production is 9.7 million MWh, and the domestic ...

Nuclearelectrica and Canada's Cameco concluded a new contract for the purchase of uranium

Thursday, January 5, 2017


National nuclear power corporation Nuclearelectrica (SNN) and Canada's Cameco concluded a new contract for the purchase of uranium at the equivalent price of 373.58 lei per kilogram, in line with the market price, the Romanian energy producer said in a Wednesday release. SNN came up with these specifications in response to the Tuesday announcement of the Energy Ministry, that it had requested the Competition Council to verify if the price asked by Cameco for ...

Compulsory share of 8.3 percent for electric power from renewable sources approved by Ciolos government

Thursday, January 5, 2017


The Government approved in its last sitting  a decision in regards to establishing a compulsory share of 8.3 percent for electric power from renewable sources that will benefit next year of green certificates, a release of the Energy Ministry ...

Electricity tariffs by 1.9 pct lower for household consumers

Thursday, January 5, 2017

 Household consumers will pay for electricity tariffs by 1.9 pct lower on average, starting with January 1st, 2017, according to decisions taken by the Regulatory Committee of the National Regulatory Authority for Energy ...

Romania gas price down under RON 5/litre, energy and train tickets prices fall in early 2017

Thursday, January 5, 2017

The first day of the year brought a drop in prices by approximately 10 percent for gas and diesel fuel, up to RON 5/litre, business-review.eu informs. This was due to the reduction of VAT from 20 percent to 19 percent, and especially to the elimination of the additional excise of 7 eurocents/litre of  fuel. Also, the energy and ticket prices registered a drop on January 1. However, for the next period, some increases in the price are possible due ...

Competition Council analyzes Mazarine Energy’s acquisition of assets owned by OMV Petrom

Thursday, January 5, 2017

The Romanian Competition Council analyzes the deal through which OMV Petrom SA sells some oil fields to Mazarine Energy, according to a release of the anti-trust watchdog, business-review.eu reads. The transaction includes the take over by Mazarine Energy Romania SRL of all the rights and obligations from 19 oil rights agreements owned by OMV Petrom with its assets, rights and employees involved in the exploitation of oil ...

EBRD plans to lend 70 mln euro to back Romania's residential sector green development

Thursday, January 5, 2017


The European Bank for Reconstruction and Development (EBRD) said on Friday that it aims to lend up to 70 million euro ($73.8 million) to support investments in Romania's residential sector covering energy efficiency, building-integrated renewable energy and water efficiency measures, seenews.com reports. To that end, the EBRD is planning to launch a Romania Green Economy Financing Facility, the EBRD said in a press release. The ...

Romania’s Nuclearelectrica to invest 287.3 mln lei (63 mln euro) in 2017

Thursday, January 5, 2017


Nuclearelectrica [BSE:SNN], the operator of Romania's sole nuclear power plant Cernavoda, says it plans to invest 287.3 million lei ($66 million/63 million euro) next year, seenews.com informs. Some 87% of the total investment will be directed into the maintenance and modernization of the two nuclear reactors at Cernavoda, Nuclearelectrica said in its budget plan posted on its website on Wednesday and pending approval from the company's ...

European Commission approves amendments to Romanian green certificates support scheme

Thursday, January 5, 2017


The European Commission announced on 19 December 2016 its decision not to raise objections to Romania’s intention to amend its green certificates support scheme for promoting electricity from renewable sources , lexology.com reads. The decision was issued on 16 December 2016, three weeks after the registration of the Romanian government’s notification, and should be made available on the ...

Enel Distributie Banat changes name to E-Distributie Banat, Enel Distributie Dobrogea becomes E-Distribu?ie Dobrogea

Thursday, December 22, 2016


According to the press release sent to ACTMedia, all Enel distribution companies in Romania have adopted the E-Distributie designation, after Enel Distributie Banat and Enel Distributie Dobrogea changed their names to E-Distributie Banat and E-Distributie Dobrogea, respectively. E-Distributie Muntenia was the first of the Enel distribution operators in Romania to adopt its new name, recently. The name changes of the ...

EIB and EBRD grant funding for natural gas pipeline project between Moldova and Romania

Thursday, December 22, 2016

The European Union, the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) have granted €92m to fund the the construction of a natural gas pipeline from Romania to Chisinau, Moldova, http://transportationandstorage.energy-business-review.com/ ...

Premium News


Thursday, May 25, 2017

Financial & Banking

Monday, May 22, 2017


Tuesday, May 23, 2017


Wednesday, May 24, 2017

Energy & Environment

Thursday, May 25, 2017