Energy
EC Analyzes Transgaz Commitments Concerning Natural Gas Exports from Romania
The European Commission is analyzing commitments submitted by Transgaz to address competition concerns regarding the free flow of natural gas from Romania.
Nuclearelectrica Reconnects Cernavoda Unit 2 to National Power Grid
Romania's nuclear power producer Nuclearelectrica (SNN.RO) has reconnected the second unit of the power plant in Cernavoda to the national power grid on Saturday night following repairs.
Four Companies Submit Offers for Unsold Oltchim Asset Bundles
Four companies have submitted indicative offers for unsold asset bundles of insolvent chemical plant Oltchim Ramnicu Valcea (OLT.RO) by the July 31, 2018 deadline, Oltchim said Friday.
Transgaz Completes Takeover of Vestmoldtransgaz, Prepares Pipeline Extension
Romania's natural gas transmission company Transgaz has completed the takeover of Republic of Moldova's Vestmoldtransgaz through its local subsidiary and is preparing works to extend the Ias...
KMG International Posts 60% EBITDA Growth in 1H/2018
KMG International Group (KMGI) posted an EBITDA operating result of $114.6 million in the first half of the year, up 60% compared with the same period last year.
Romgaz Plans to Invest RON1B in 2H/2018
Romania’s largest natural gas producer Romgaz Medias (SNG.RO) plans to invets nearly RON1 billion in the second half of the year in exploration, development and raining natural gas storage c...
Romgaz, Lukoil Seek to Drill Exploration Well in Black Sea Trident Block
Romania’s largest natural gas producer Romgaz Medias (SNG.RO) and oil company Lukoil want to drill an exploration well in the Trident block in the Black Sea at the end of this year or in the...
Swiss-Based MET Holding Gets Antitrust Clearance to Buy RWE Energie
Romania’s Competition Council has authorized the deal whereby Swiss-based energy company MET Holding AG took over Romanian electricity and natural gas supplier RWE Energie SRL Romania in Jun...
Romgaz Looks into Acquiring Wind Turbines, Solar Panels to Produce Green Energy
Romania’s largest natural gas producer Romgaz Medias (SNG.RO) is looking into acquiring wind turbines and solar panels to produce green energy but its main goal is to find onshore gas deposi...