MOL Group and KazMunayGas sign agreement for oil trade
MOL Group continues to diversify its oil supply sources by importing 85,000 tonnes of CPC oil and signing a commercial agreement with KazMunayGas (KMG).
MOL Group continues to diversify its oil supply sources by importing 85,000 tonnes of CPC oil and signing a commercial agreement with KazMunayGas (KMG).
The Romanian Minister of Energy, Bogdan Ivan, said that the country's supply of fuels is stable and continuous, despite OMV Petrom's issues.
The Bosch Group has finalized the largest acquisition in its history, acquiring the HVAC business from Johnson Controls.
Rețele Electrice România, part of the PPC Group in Romania, has launched a public tender on the SEAP electronic public procurement platform for the purchase of power transformers.
Trina Storage, the energy storage division of Trina Solar, has teamed up with Allview, one of Romania's leading EPC contractors, to develop a Battery Energy Storage System (BESS).
OMV Petrom registered a net profit of RON 2.08 billion (€419.7 million) in H1 2025, a 21% decrease compared to RON 2.62 billion (€528.2 million) in the same period last year.
Romanian energy producer Romgaz Group has released its preliminary operational results for H1 2025, showing a largely stable performance compared to the same period in 2024.
T2Y Capital, a financial investor focused on growth capital in the energy sector, is investing in Prime Batteries, making it the second-largest shareholder.
Renewable EPC by Allview, part of Visual Fan, has signed an energy storage deal worth €16.6 million with Teiuș Solar, an affiliate of Eurowind Energy.
The INVL Renewable Energy Fund I has secured a new €29.3 million loan agreement with Kommunalkredit Austria for the construction of photovoltaic projects.
PPC blue will significantly expand the electric vehicle (EV) charging infrastructure in Romania and Greece, utilizing European Union funds.
State-owned nuclear power producer Nuclearelectrica aims to obtain financing totaling €620 million for two pivotal projects at the Cernavodă Nuclear Power Plant.
PPC Energie has announced significant growth in the adoption of its digital services, with over half of its approximately 3 million customers now actively using the myPPC application.
French VINCI Energies has signed an agreement to acquire the Romanian group EnergoBit, specialized in electrical infrastructure.
Romanian engineering group Simtel Team has announced the acquisition of SMTL Solar Bughea, a company previously owned by Sergiu-Eugen Bazarciuc, one of the key shareholders of Simtel, for RON 32.2 million (€6.5 million)
Enexus, a provider of integrated EPC services for photovoltaic projects, has announced the signing of a contract for a 20 MWp photovoltaic power plant.
Nova Power & Gas, a local energy company part of the E-INFRA group, has confirmed its investment in the largest battery energy storage facility in Romania.
Romania's National Energy Regulatory Authority (ANRE) has granted the establishment authorization for the upstream supply pipelines essential for natural gas production.
Oil major OMV Petrom and NewMed Energy Balkan have signed a rig contract for drilling two offshore exploration wells in the Bulgarian Black Sea.
Actis-backed Rezolv Energy, through its project subsidiary First Look Solutions, has secured incremental project finance facilities of up to €331 million.
Hidroelectrica has selected Waldevar Energy to implement a pioneering renewable energy initiative poised to become the largest floating photovoltaic (FPV) system.
The EBRD is bolstering Romania's renewable energy sector with a €90 million loan to Engie Romania utility.
The Romanian Competition Council is currently reviewing the acquisition of three energy companies by the Romanian company Energy Distribution Services.
Delgaz Grid, the energy distribution company part of German E.ON Group, has launched Delia, an AI-powered virtual assistant.

The Romanian economy is entering 2026 on a fragile footing, prompting ING analysts to significantly lower their growth expectations for the year.
OMV Petrom will construct a photovoltaic park at its Petrobrazi refinery in Romania.
Romania's economy grew by 0.6% in 2025 but ended the year in a technical recession.
Shareholders of state-owned nuclear power producer Nuclearelectrica have approved the final investment decision for the Small Modular Reactor (SMR) project at Doicești.
Electro-Alfa International has raised approximately 580 million RON (€115 million) for around 66 million newly issued shares, equivalent to a 35% free-float, following its initial public offering (IPO) on the Bucharest Stock Exchange (BVB).