Energy
Coal And Power Producer CET Govora Switches To Profit
Romanian coal and power producer CET Govora, which went insolvent in May, switched to profit following the measures taken by judicial administrator Euro Insol, including the renegotiation of...
2016 In Review: Ten Most Important Events In Energy, Oil And Gas Industry
The energy sector has been a thrill to watch in 2016, peppered with complex investigations, insolvencies and exit therefrom, major deals and unusually many changes at the top of the sector h...
Negotiations Between CEFC, KazMunayGas On Buying 51% Stake In KMG International Reach Final Stage
The negotiations between the National Company KazMunayGas of Kazakhstan (KMG NC) and Chinese company CEFC (China Energy Company Limited) for the transaction of buying a 51% stake in KMG Inte...
ANRE: Electricity Distribution Tariffs For Households To Fall By 3.8% To 9.04%
The regulatory committee of Romania’s energy regulator ANRE approved, in its Wednesday meeting, a decision to cut the specific tariffs for the electricity distribution service at the lessee...
Romania To Set Up Network Of Refuelling Stations For Compressed Natural Gas Vehicles By 2020
Romania will establish a network of refuelling stations for compressed natural gas vehicles by 202, in accordance with EU Directive 94/2014, the Association of Compressed Natural Gas Produce...
OMV Petrom, Hunt Oil Start Experimental Gas Production At Padina Field
OMV Petrom and Hunt Oil Company of Romania announced the start of experimental gas production at Padina field (southern Buzau county), discovered at the end of 2014, which is the final stage...
Enel Distributie Muntenia Changes Name Into E-Distributie Muntenia
Enel Distributie Muntenia, member of Enel group, which manages electricity distribution networks in Bucharest, Ilfov and Giurgiu counties, has changed its name into E-Distributie Muntenia, t...
Energy Holding CE Hunedoara Files For Insolvency Again
State-run energy holding CE Hunedoara has filed for insolvency again, proposing a new judicial administrator, after Alba Iulia Court of Appeals rejected a similar request on November 8.
Tinmar Energy Group Owner Aims For 3 Million Household Consumers
Augustin Oancea, the man behind the Tinmar energy group, wants it to have about 3 million household customers in five years, which is one third of the local market. Italy’s Enel, for instanc...