Energy
Transgaz Offering To Be Split Into Three Packages For Large, Small Investors
Romania’s planned secondary public offering of 15% in state-run natural gas transporter Transgaz (TGN.RO) will include three separate packages for corporate and retail investors, with small...
Rompetrol Rafinare Expects Narrower Loss In 2013
Romanian Rompetrol Rafinare (RRC.RO), the refining unit of the country's second-largest oil group Rompetrol, expects its loss will narrow to $51.4 million in 2013, helped by higher sales.
Hidroelectrica To Assign RON9.5M For Expropriations In N Romania
Romanian state-run hydropower producer Hidroelectrica will assign 9.5 million lei (EUR2.1 million) to expropiate dwellings over three localities in the northern county of Mures, required to...
ArcelorMittal: Aid Scheme For Green Energy Not Sustainable, Threatens Industrial Activity
The current system supporting renewable energy producers in Romania does not take into account the impact on the main energy consumers and might affect the latter’s operational sustainabilit...
Romania May Export Natural Gas To EU
Romania may export natural gas to other European Union member states provided that there are interconnection points between their transport systems, the country’s energy regulator ANRE said...
Ponta: EU Against New Aid For Oltchim, Layoffs Necessary
Romanian Premier Victor Ponta said Friday the only solution left for insolvent chemical producer Oltchim Ramnicu Valcea (OLT.RO) is the company’s restructuring and further layoffs as the Eur...
ANRE: Romania Should Reduce Renewable Support Scheme
Romania should reduce, and even halve, the number of green certificates granted to renewable energy producers, according to the country’s energy regulator ANRE.
OMV Petrom To Invest EUR200M In Suplacu Redevelopment By 2015
Romanian leading oil company OMV Petrom (SNP.RO) will invest in the 2013-2015 period around EUR200 million in redevelopment works at its Suplacu field in the northwestern locality of Barcau,...
Changing The Change of Green Power Support Scheme
An investor in a solar PV project who now gets six green certificates per megawatt/hour of power generated might get only four as of this summer, and the get the rest after mid 2016, accordi...