The company has acquired a 50% stake in Electrocentrale Borzești and additional 18MW assets from Renovatio Group.

Romania's major oil and natural gas producer OMV Petrom announced in a note to investors that it is entering the natural gas ...

The Competition Council has authorized the transaction through which OMV Petrom S.A. intends to outsource certain services to the partnership formed by Eugen Trans S.R.L. and Rohrer Oil & Gas Services ...

The development work of Neptun Deep began in 2012 with the first commercial discovery, and at this moment I can say that the project is on schedule, and in 2025 we are ready to start drilling on the ...

Down almost 3% for BET, which faces the most severe correction in two years*The titles Antibiotice and Premier Energy entered ...

Danish-Romanian green energy project developer Jantzen Renewables, part of Denmark's Jantzen Group, said on Monday it has appointed Razvan Popa as its chief executive officer (CEO).

The European Commission has called on authorities in Romania to remove restrictions on the pricing and export of natural gas ...

State-owned Hungarian energy company MVM allegedly shook hands with the German E.ON group to buy its Romanian subsidiary.

By Tamas Csonka in Budapest Hungarian state-owned energy company MVM has reached an agreement with German group E.ON to ...

In related Romanian news, Simtel has partnered with Monsson to develop, construct and sell 150MW of solar PV and/or hybrid ...

By Iulian Ernst in Bucharest Romanian natural gas group Romgaz, controlled by the state as the majority shareholder, has ...

OMV Petrom, the largest integrated energy producer in Southeastern Europe, closed the acquisition of several photovoltaic projects from the Danish company Jantzen Renewables ApS. The projects are to ...