Energy
Vast Resources Acquires Control Over Sinarom Mining Group SRL, Owner Of Manaila Polymetallic Mine
UK-based mining company Vast Resources PLC, listed on the London Stock Exchange, has acquired 49.9% of the shares of SC Sinarom Mining Group, from Chinese businessman Ni Jinming.
Fondul Proprietatea Wants Nuclearelectrica 2016 Profit And RON452M From Reserves To Go To Shareholders As Dividends
Investment fund Fondul Proprietatea (FP.RO), which owns 9% in state-owned nuclear power producer Nuclearelectrica (SNN.RO), wants almost the entire profit of RON108 million obtained by Nucle...
OMV Petrom Hydrocarbon Production Flat On Year In 1Q/2017
The total hydrocarbon production of Romania's OMV Petrom (SNP.RO), majority owned by Austria's OMV, stagnated at 170,000 barrels of oil equivalent (boe) per day in the first quarter of 2017,...
Black Sea Oil&Gas Awards Drilling Rig Contract For Two Offshore Wells In Black Sea
Black Sea Oil & Gas and its co-venture partners announced Tuesday the awarding of a contract for the drilling of two offshore exploration wells located in the XV Midia Shallow Block, Romania...
Enel Buys Additional Stake Of 13.6% In E-Distributie Muntenia And Enel Energie Muntenia For EUR400M
The acquisition of a further 13.6% of the share capital of the electricity distribution and sales companies operating in the Romanian region of Muntenia was finalized for a consideration of...
Energy Expert: Fuel Price Hike Could Jeopardize Romania’s Economic Growth
The price increase of crude oil and oil products, after the recent chemical attack in Syria, could jeopardize Romania’s economic growth, as a fuel price hike would trigger a chain reaction i...
Linde Gaz Romania Buys ITO Industries And Rodmir Expert Companies
Linde Gaz Romania, the local subsidiary of Germany’s Linde, world’s largest supplier of industrial gases, has completed the acquisition of Rodmir Expert SA and ITO Industries International S...
Petrom And Auchan Jointly Open MyAuchan Stores In Petrom Filling Stations
OMV Petrom, the largest oil and gas producer in Southeastern Europe, and Auchan Retail Romania, the local division of Auchan Retail, the world’s 11th largest food trader, has signed a partne...
Nuclearelectrica Shares Hit Highest Price In Last 18 Months
The shares of Romanian state-owned nuclear power producer Nuclearelectrica (SNN.RO) traded at RON7.09 on Tuesday morning, up 1.4% compared with the previous session, reaching the highest pri...