Energy
OMV Petrom, ExxonMobil See Black Sea Gas Production At 6.5 Bcm/Year
Romanian dominant oil company OMV Petrom (SNP.RO) Thursday said that natural gas output at a deepwater well in the Black Sea developed together with ExxonMobil could reach as much as 6.5 bil...
Romania To Give Fewer Certificates For Green Energy Starting 2014
A measure reducing the number of green certificates offered for renewable energy production will apply only to producers that enter Romania starting 2014, while the temporary reduction of th...
Minister: Romania Must Modernize Power Producers With High Production Costs
Romania should start its energy system restructuring by adapting electricity producers that register high production costs to market requirements, Minister-delegate for Energy Constantin Nit...
Transelectrica Wants Green Certificates To Finance Grid Investments
Romania’s state-run power grid operator Transelectrica (TEL.RO) has asked to receive part of the green certificates allocated via a government support scheme in the renewable energy sector s...
Nita: Romania Might Tax Shale Gas Differently From Conventional Gas
Romania’s taxation system for shale gas and gas extracted from Black Sea blocks might differ from that currently applied for conventional gas, if the country has such gas resources and begin...
Romgaz Needs To Expand Operations In Black Sea - Energy Minister
Romgaz, Romania’s largest natural gas producer, has to expand its operations in the Black Sea by getting involved in new exploration lease deals, the country’s energy minister Constantin Nit...
Romanian Energy Exchange OPCOM Stays With Economy Ministry
Romania’s energy exchange OPCOM remains under the control of the Economy Ministry, after state-run power grid operator Transelectrica (TEL.RO), the sole shareholder of OPCOM, has been transf...
Energy Minister: State-Run Company Privatizations On Schedule
The process to privatize Romanian state-owned companies is on schedule and will continue with nuclear power plant operator Nuclearelectrica, natural gas producer Romgaz, energy producer CE O...
Romania Aims To Sell 15% in Transgaz For Up To RON400M
The Romanian Finance Ministry on Thursday will launch a public offering to sell 15% in natural gas transmission company Transgaz (TGN.RO) at a price between 171 lei (EUR39) and RON230 (EUR52...