Romania's crude oil production drops on seven months
Romania's crude oil production reached 1.46 million tonnes of oil equivalent (toe) in the first seven months of this year, a decrease of 119,600 toe (7.6%).
Romania's crude oil production reached 1.46 million tonnes of oil equivalent (toe) in the first seven months of this year, a decrease of 119,600 toe (7.6%).
A new policy position paper published by the Energy Policy Group (EPG) highlights the challenges and provides recommendations for implementing RAAs.
Romania has fallen seven places to 27 out of 33 countries in the latest electric vehicle (EV) Charging Index report, with its score dropping from 46 to 42 points.
Oil major OMV Petrom has announced the completion of its acquisition of a 50% stake in the Gabare photovoltaic project, which is being developed by Enery in Bulgaria.
Romanian engineering and green energy group Simtel Team has announced the signing of a significant contract valued at €43 million (excluding VAT) with Hepa Energy, owned by a lead company from Israel.
State-owned nuclear power producer Nuclearelectrica has concluded two financing agreements with a syndicate led by J.P. Morgan, securing a total of €620 million.
Hidroelectrica's Supervisory Board has initiated the selection and appointment process for a new CEO and CFO.
State-owned gas producer Romgaz has entered into an eight-year strategic partnership with Weatherford International to implement a real-time digital well monitoring system.
Karoly Borbely, Chairman of the Management Board and CEO, and Marian Fetiţa, Member of the Management Board and CFO, have mutually agreed to exit Hidroelectrica.
Rompetrol Rafinare has announced the signing of an amendment to a syndicated loan agreement, with a value of up to $600 million.
Premier Energy has announced the acquisition of a 51% stake and management control of Iberdrola Renovables Magyarország KFT, a subsidiary of Spanish energy giant Iberdrola.
Coca-Cola HBC Romania has completed an investment of RON 5 million (€1 million) in a new photovoltaic park at its plant in Timișoara.
DRI, the European renewables arm of DTEK, has announced the appointment of Murat Cinar as its new CEO.
LONGi Solar Technology has announced a significant strategic partnership with Enexus, an investor-focused EPC company.
PPC Energie, the electricity supplier with approximately three million customers, has announced its expansion into the retail sector, becoming the first energy company to...
Rețele Electrice Romania, part of the PPC group in Romania, has completed the modernisation of the 110/20kV IRUM substation in Deva.
Veolia Romania has completed the acquisition of a majority stake in General Me.el Electric (GME), a specialist in electrical systems.
State-owned energy companies Electrica and Romgaz have signed a Memorandum of Understanding to jointly develop green energy projects with an installed capacity of up to 400 MW.
ROCA Investments, a Romanian PE firm that focuses on local entrepreneurial companies, has acquired a 20% stake in Adrem Group, an energy services provider, for an undisclosed sum.
MET Group, the Swiss-based European energy company, has announced a significant leadership change, appointing Huibert Vigeveno as GCEO.
The Bacău International Airport has announced plans to build its first-ever photovoltaic park, an investment worth over RON 25 million (€5 million).
Energy group PPC has launched a fast-charging solution that operates on 100% renewable energy.
Premier Energy said its normalised revenue increased by 49% year-on-year, reaching €797.5 million in H1 2025, while its normalised net profit grew by 23% year-on-year.
Romanian engineering group Simtel Team has announced the appointment of Mihai Velicu as its new Group CFO.

Greenvolt Power has secured €348 million in financing for the construction of a 253.1 MW wind project in Ialomița county, Romania.
Banca Transilvania (BT) reported a consolidated net profit of RON 4.10 billion (€804.7 million) in 2025, representing a 15.96% increase compared to RON 3.53 billion.
Romanian gas producer Romgaz recorded a consolidated net profit of RON 3.35 billion (€674.5 million) for the 2025 financial year.
State-owned power producer Hidroelectrica Group recorded a 20% fall in net profit during 2025 versus 2024 as the poor water levels significantly impacted hydropower generation and consequently the total volume of energy available for sale.
Romanian energy group Electrica achieved record financial results in 2025, with preliminary net profit reaching RON 1.22 billion (€245 million), representing a 159% increase compared to 2024.