Romania maintains oil reserves for 90 days amid Middle East tensions
Following recent checks, Romania's Energy Ministry manages emergency oil stocks exceeding 2 million tonnes oil equivalent, according to an official statement.
Following recent checks, Romania's Energy Ministry manages emergency oil stocks exceeding 2 million tonnes oil equivalent, according to an official statement.
Romania's Energy Minister Bogdan Ivan announced that discussions with operators about removing gas price caps began in September to prepare multiple scenarios and prevent sudden price increases after March 31 2026.
Nova Power & Gas, part of the E-INFRA group, has announced the commercial operation of Romania's largest battery energy storage facility, with a capacity of 200 MW and 400 MWh, located in Florești, Cluj County.
The Romanian Minister of Energy, Bogdan Ivan, said that the country's supply of fuels is stable and continuous, despite OMV Petrom's issues.

Romanian property developer Alezzi Group has completed the transfer of its concrete production operations to Heidelberg Materials Romania, the construction materials producers.
The Galați Court has approved the modified asset recovery plan for Liberty Galați, paving the way for the auction of one of Romania's most important industrial assets to resume.
Nuclearelectrica has completed the first continuous concrete pour for the permanent structures of the Cernavoda Nuclear Power Plant Unit 1 refurbishment project. The operation used approximately 3,470 cubic metres of concrete for the foundation, equivalent to about 380 concrete mixer trucks.
Fondul Proprietatea has exercised its pre-emption right and subscribed to 5.6 million new shares in National Company Administrația Porturilor Maritime (CNAPM), investing €10.8 million to maintain its existing shareholding percentage.
Romania's central bank announced on Friday that annual inflation will rise above previously forecast levels in Q2 2026, but will experience a substantial downward correction in Q3.