Energy independence is Romania’s goal, and investments in the southeastern Cernavoda Units 3 and 4 will kick off as soon as possible, on Wednesday said Prime Minister Sorin Grindeanu, at south Mioveni, Arges County, during a visit he paid at...
The European Bank for Reconstruction and Development (EBRD) is providing a 5-million-USD loan to Expert Petroleum to finance the enhancement of Romanian mature oil and gas onshore fields, according to an EBRD press statement released on Wednesday....
At a meeting on Monday at the Government House with officials of Kazakhstan’s state-run oil and gas corporation KazMunayGas, Prime Minister Sorin Grindeanu reconfirmed his cabinet’s openness to investment in Romania, according to a...
Romania imported 537,300 tonnes of oil equivalent (toe) worth of usable natural gas in the period between January and March 2017, by 332.3 percent (413,000 toe) more than in the similar period of 2016, according to the data centralized by the...
In Q1 2017, Romania imported 1.65 million toe of crude oil, down 162,600 toe, or nine percent, from Q1 2016, according to data with the National Statistics Institute (INS). The country’s crude oil output totalled 858,300 toe, down 4.8 percent...
The Organisation for Economic Co-operation and Development (OECD) has officially invited Romania to become a full member of its Nuclear Energy Agency (NEA) and the NEA data bank. The Romanian Government said Friday in a press statement that...
Romania’s nuclear power producer Nuclearelectrica (BVB-SNN) has posted 84 million lei in Q1 2017 net profit, up 25.7 percent y-o-y, according to the company’s Q1 2017 financial results submitted to the Bucharest Stock Exchange (BVB). The...