Energy
Transelectrica: Green Energy Producers In Romania Must Cede Part Of State Aid
Renewable energy producers, which receive aid from the state, should be obliged to cede a part of it for electricity network upgrades, an official of Romanian state-run power grid operator T...
Rompetrol Well Services May Pay Out Dividends Of RON8.06M For 2012
Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, has proposed paying out a gross dividend of 0.029 lei (EUR0.0065) per share to its shareholders from...
House Producing More Energy Than It Consumes Gets Permit To Connect To Power Grid
“Prispa”, the house that can produce more energy than it consumes, owned by a family in Bacau county (NE Romania), has obtained the permit to join the energy grid, issued by Germany’s E.ON,...
Rompetrol To Invest Over $10M In Zegujani Oil Field In 2013
Romania’s second largest oil group Rompetrol will invest over $10 million in drilling works at its Zegujani onshore field in the southwestern counties of Mehedinti and Gorj, the company said...
Egnatia Completes Three Photovoltaic Projects In Romania
EPC Egnatia Romania, supplier of turnkey services for electricity production in photovoltaic projects, Tuesday said it has completed and connected to the network three projects with a total...
Steinberger-Kern, Siemens: Coal Wins The Cost Race Against Gas In Energy Production
Shale gas can revolutionize the global energy market and coal-based electricity has again taken precedence over gas-fired power stations, says Eveline Steinberger-Kern, head of the energy di...
Romania To Select Broker For CE Oltenia IPO On April 15
Romanian state-run energy holding CE Oltenia has started proceedings to select a broker that would help with the listing of 12% of its shares on the Bucharest Stock Exchange, the company sai...
Ponta: Romania May Ask Russian Mechel For VAT Refund
Prime Minister Victor Ponta said the Romanian Government may submit a request for value added tax refund to Russia’s steel giant Mechel and will impose tougher sanctions on private investors...
OMV Petrom Expects 15% Higher Profit In 2013
Romanian oil company OMV Petrom (SNP.RO), owned by Austria’s OMV, expects sales revenues of 17.21 billion lei (EUR3.89 billion) in 2013, down 10% from RON19.12 billion last year, and net pro...