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Minister: Romania May Develop Partnerships With Iran In Oil And Natural Gas Sector
Energy

Minister: Romania May Develop Partnerships With Iran In Oil And Natural Gas Sector

Romania is likely to develop partnerships with Iran in the field of oil and natural gas, Economy Minister Costin Borc said within the Economic Bilateral Forum Romania-the Islamic Republic of...

Ecaterina Craciun · 09.11.2016 · 13:46 · 1 min
Romania OMV Petrom Jan-Sept Profit Drops 11%, to RON878M
Energy

Romania OMV Petrom Jan-Sept Profit Drops 11%, to RON878M

Romania's largest company OMV Petrom (SNP.RO), majority owned by Austria's OMV, on Wednesday reported a net profit of RON878 million for the first three quarters, 11% lower than in the same...

Oana Gavrila · 09.11.2016 · 10:56 · 1 min
Court Rejects Insolvency Request Of Energy Holding CE Hunedoara
Energy

Court Rejects Insolvency Request Of Energy Holding CE Hunedoara

The Alba Iulia Court of Appeals on Tuesday rejected the request for opening the general insolvency procedure for state-run energy holding Complexul Energetic Hunedoara (CEH), which had been...

Ecaterina Craciun · 08.11.2016 · 17:31 · 1 min
Energy

Oil Refinery RAFO Onesti Goes Insolvent

The court has admitted the insolvency request filed by oil refinery RAFO Onesti, while Transilvania Insolvency House was appointed as temporary judicial administrator.

Gabriela Stan · 07.11.2016 · 14:10 · 1 min
Energy

Romania-Bulgaria Gas Interconnector To Become Operational On November 11 – Bulgarian PM

Romania-Bulgaria gas interconnector will become operational on November 11, Bulgarian PM Boyko Borisov said duting a meeting with his Serbian counterpart Aleksandar Vučić, cited by Novinite.

Gabriela Stan · 07.11.2016 · 13:41 · 1 min
Romgaz, Romelectro And Spain’s Duro Felguera To Build New Thermal Power Plant In Iernut
Energy

Romgaz, Romelectro And Spain’s Duro Felguera To Build New Thermal Power Plant In Iernut

State-owned natural gas producer Romgaz has concluded a contract of EUR268.8 billion with Spanish company Duro Felguera and Romelectro for the construction of a new thermal power plant in Ie...

Ecaterina Craciun · 02.11.2016 · 15:37 · 1 min
Tax-Exclusive Fuel Prices Higher In Romania Than EU Average
Energy

Tax-Exclusive Fuel Prices Higher In Romania Than EU Average

The tax-exclusive fuel prices in Romania were higher than the European average this summer.

Loredana Frățilă-Cristescu · 27.10.2016 · 10:00 · 3 min
Romgaz To Supply Natural Gas To Electrocentrale Bucuresti Until November 12
Energy

Romgaz To Supply Natural Gas To Electrocentrale Bucuresti Until November 12

The Board of Directors of Romania’s largest natural gas producer Romgaz Medias (SNG.RO) has decided the company would keep supplying natural gas to state-run electricity and thermal power pr...

Ecaterina Craciun · 26.10.2016 · 17:54 · 1 min
Dutch Businessman Becomes Newest Oil Producer In Romania
Energy

Dutch Businessman Becomes Newest Oil Producer In Romania

Edward van Kersbergen and Mazarine Energy, the company whose majority shareholder the Dutch businessman is, became the newest oil producer in Romania last week after taking over 19 oil and g...

Loredana Frățilă-Cristescu · 25.10.2016 · 10:00 · 1 min