GSP signed 70 million dollars deal with OMV Petrom – Romania, 25 August 2017

GSP Offshore, a company that is a part of the Romanian holding Grup Servicii Petroliere (GSP), has signed a contract worth over 70 million dollars with the largest Romanian oil company OMV Petrom. According to the contract, GSP Offshore will provide marine drilling services for the oil blocks operated by OMV Petrom in the Black […]

Electricity exports increased by 60 % – Romania, 25 August 2017

Romanian Minister of Energy Toma Petcu said that since the beginning of 2017 Romanian electricity exports have increased by almost 60 % compared to the same period last year. Minister Petcu stressed that Romania remains a net exporter of electricity, since it is clear that the country produces more electricity than it consumes. According to […]

Romanian Post to sue three electricity suppliers – Romania, 25 August 2017

Romanian Post (CNPR) announced that its electricity supply is now provided by the suppliers of last resort, after three licensed suppliers declined the initially agreed framework agreement because they are unable to support the offered tariffs. The statement from CNPR said that it analyzes all the possibilities to solve this situation as quickly as possible […]