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Energy & Environment

OMV Petrom posts rising net profit by 13%, to 980 million RON, after H1

Thursday, July 29, 2021

OMV Petrom has ended its first semeter of this year with a net profit of 980 million RON, rising by 13% in comparison with the similar period of last year, according to the data sent on Wednesday by the Bucharest Stock Exchange (BVB).The income value of consolidated sales, worth 10.126 billion RON, has gone up slightly, by 1%, in comparison with the period of January - June 2020, mainly due to the better market prices for oil and electricity products, ...


Thursday, July 29, 2021


The residents of the Midia Sat neighborhood in Navodari will benefit from over 4.4 new kilometers of electricity grid, the medium and low voltage lines being placed exclusively underground. This year, ...

Romania's crude oil import goes up by 30.5% during first 5 months of 2021

Thursday, July 29, 2021

Romania has imported, during the first 5 months of 2021, a quantity of 3.383 million tons of crude oil, tons of oil equivalent (toe) by 791,400 tep (30.5%) larger than the amount imported during the similar period of 2020, according to the centralized data from the National Institute of Statistics (INS).Crude oil production has totalled 1.304 million toe, being 5.5% (76,600 toe) smaller than the previous year.According to the estimates of the ...

Salrom ponders mining for graphite

Thursday, July 29, 2021

Romanian state-controlled company Salrom, controlled by the Government through the Ministry of Economy, launches in the electronic public procurement system a tender for the purchase of a feasibility study for the exploitation of graphite resources, according to documents consulted ...


Thursday, July 29, 2021


Over 160 Enel X Romania charging points will become part of Europe's largest eRoaming network intercharge, raising interoperability and accessibility for EV drivers in Central and Eastern Europe   Enel X Romania, a subsidiary of Enel X, the Enel Group’s advanced energy services business line, has signed an agreement with Hubject to expand the charging infrastructure ...

Romania’s natural gas distribution network has increased 4 times in 30 years

Thursday, July 29, 2021

Romania’s natural gas distribution network has increased 4 times in the last three decades, from 10,772 kilometers in 1990 to 43,563 kilometers in 2020, according to data synthesized by the National Institute of Statistics (INS).   The average annual growth rate is 4.8%, with the highest advances over the previous year recorded in 1995 (11.58%) and 1994 (11.19%). The pace has slowed since 2005, with ...

E.ON has installed a photovoltaic power plant for Wetterbest

Thursday, July 29, 2021

E.ON Energie Romania and Wetterbest, one of the main manufacturers of roofing systems, have completed a project worth over 245,000 euro through which a photovoltaic power plant was built that provides green energy to the Prahova company.   Completed in less than a month from the start of the works, the solar photovoltaic installation generates 269.78 MWh, ensuring a reduction of up to 33.09% of energy ...

Rompetrol may remain closed up to half a year after July 2 explosion

Thursday, July 22, 2021

Romania's biggest refinery Petromidia, controlled by the Kazakh state-owned group KMG (48.1%) but with the Romanian state owning a big share as well (44.7%), will remain closed for three to six months ...

PNE Group buys 220MW wind farm projects in Romania

Thursday, July 22, 2021

The German renewable energy projects developer PNE Group sold to an unnamed investor three wind farm projects in Romania, with a total installed capacity of up to 220 ...

Romania ranks 29th in 104-country ranking for fuel purchasing power

Thursday, July 22, 2021

With 669 litres of fuel (down from 673 last year) that a resident can buy from an average net wage, Romania ranks 29th among the 104 global countries ranked ...

Electrica delivers PV installation to industrial group Uztel

Thursday, July 22, 2021


Electrica Furnizare, the supply arm of electricity supply and distribution group Electrica, developed a photovoltaic power facility with a total installed capacity of 306.4 kWp for the industrial equipment manufacturer Uztel.   "Electrica Furnizare announces the commissioning of a photovoltaic power plant, with a total installed capacity of 306.4 kWp, for Uztel, a ...

Gas imports up by 24.5 pct January through May, output down by 1.8 pct

Thursday, July 22, 2021

Romania imported, in the first five months of 2021, a quantity of usable natural gas of 1.8 million tons of oil equivalent (toe), by 24.5 pct (212,200 toe) higher than in the similar period of 2020, according to data centralized by the National Institute of Statistics (INS).The domestic natural gas production was, in the mentioned period, of 3.133 million toe, being by 1.8 pct (58,300 toe) below that of the period January-May ...

Serinus Energy finds gas in Sancrai - 1 well in Romania

Thursday, July 22, 2021

Oil and gas exploration company Serinus Energy said on Thursday that it discovered gas during the drilling of the Sancrai - 1 well in Satu Mare in Romania. The well was drilled five days ahead of schedule and approximately 19% below budget, Serinus said in a press release.   The company will now proceed to perforate ...

Romania gets Russian gas at the lowest price in Europe in Q1

Thursday, July 22, 2021

The price paid by Romania for the Russian natural gas in the first quarter of the year (Q1) was the lowest in Europe, lower than the prices on the local markets and in Europe, only the Azeri gas delivered to Bulgaria was cheaper - according ...

EIB confirms EUR 120 million support for the distribution operator of Electrica Group to upgrade electricity distribution networks

Thursday, July 22, 2021


First 120 million long-term EIB loan from EUR 210 million facility signed during high-level visit New financing to connect more than 180,000 customers, increase network capacity and improve reliability and quality of electricity supply Investments to support ...

V. Popescu: The renewables target has already been increased to 34%

Thursday, July 22, 2021

Minister of Energy Virgil Popescu had meetings with members of the European Commission in which he detailed the projects from PNRR, announcing that the proposed target for renewables has already been increased to 34%, according to an interview offered to economedia.ro.   “We had two very important meetings. ...

European Green Deal: Commission proposes transformation of EU economy and society to meet climate ambitions

Thursday, July 15, 2021


Today (Wednesday, July 14 -e.n.), the European Commission adopted a package of proposals to make the EU's climate, energy, land use, transport and taxation policies fit for reducing net greenhouse gas emissions by at least 55% by 2030, compared to 1990 levels. Achieving these emission reductions ...

Nuclearelectica has a new strategic vision, nuclear will replace coal

Thursday, July 15, 2021

Nuclear power will provide about 35% of the country’s consumption needs by 2030, by operating four CANDU nuclear units, according to a statement from Nuclearelectrica (SNN) regarding the adoption of a new strategic and long-term sustainable vision.   “We are currently at the stage where our history and role so far make us responsible for looking carefully to the future. SNN’s mission, vision and values ...

WEC's Iancu: Romgaz can support Black Sea offshore drilling investment, should be operator

Thursday, July 15, 2021

Romanian gas producer Romgaz has the capacity to support investment in the Neptun Deep deep-water offshore gas field development project in the Black Sea and should be the operator of this project, Chairman of the Romanian National Committee of the World Energy Council Iulian Iancu told a news briefing on Tuesday."I think so, I think it can support the investment [under the Neptun Deep deep-water offshore gas field development project] if it takes over Exxon's ...

Final electrical energy consumption up 6.3 pct in first five months

Thursday, July 15, 2021


The final electrical energy consumption in the first five months of 2021 was of 23.177 billion kWh, by 6.3 higher than in the corresponding period of 2020, according to data published on Tuesday by the National Institute for Statistics (INS).Public illumination recorded a drop by 4.7 pct, and the population's consumption grew by 8.8 pct.The main primary energy resources increased, in the January 1 - May 31, 2021 period, by 8.8 pct, and the electrical ...

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