Romania's Energy Minister Sebastian Burduja said, “our national energy system is operating without any issues,” in response to the massive power outages reported in Spain and Portugal.
Oil major OMV Petrom and state-owned Complexul Energetic Oltenia (CE Oltenia) have signed contracts to design and execute four photovoltaic parks in Romania.
The Environmental Fund Administration (AFM) released a new list on Wednesday, featuring 10,418 applications approved under the Green Photovoltaic Homes Program.
Electrica saw a net profit of RON 376.5 million (€75.5 million) in 2024, down 39.3% compared to 2023, while its operating revenues totaled RON 10.87 billion (€2.1 billion).
The Romanian government has approved a new state aid scheme with a total budget of RON 578 million (up to €150 million) to assist large energy consumers in Romania.
Romania's usable gas production in January 2025 was 661,700 tonnes of oil equivalent (toe), a decrease of 300 toe compared to the same period last year.
Romania is making gains expanding its renewable energy capacity, recording an increase in the number of projects that are fully permitted for development.
Romania continues the implementation of major projects, such as gas exploitation in Neptun Deep and Caragele, and the development of the Romanian civil nuclear program.
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024
OMV Petrom concluded the first quarter of this year with a net profit of RON 1.07 billion (€200 million), a 24% decrease compared to the same period in 2024.
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.