Energy
Enel Romania 2012 EBITDA Rises To EUR231M
Enel Romania Wednesday said its earnings before interest, taxes, depreciation and amortization, or EBITDA, rose 12.6% on the year to EUR231 million in 2012, fueled by higher revenues.
Oltchim 2012 Loss Doubles To RON403M
Romanian insolvent chemical producer Oltchim Ramnicu Valcea (OLT.RO) on Wednesday said its loss more than doubled on the year to 403.3 million lei (EUR90.5 million) in 2012, with sales halvi...
Hidroelectrica May Get Fined If Energy Deal Inquiry Proves It Breached Law
Romania’s Competition Council and the European Commission (EC) will complete separate inquiries into state-owned hydropower producer Hidroelectrica’s bilateral energy deals in the second hal...
Chevron: Two More Permits And We’ll Start Drilling
U.S. oil group Chevron said that if Romania wants to start shale gas drilling, now is the time to do it because exploration work alone takes five years. No European country is currently prod...
Romania Receives Over 200 Applications For Board Members At Romgaz, Transgaz, Nuclearelectrica
Romania's industry privatization authority OPSPI has received over 200 applications for the position of managing board member at gas producer Romgaz, natural gas transporter Transgaz and nuc...
ArcelorMittal Galati: Deregulation Of Natural Gas Prices In Romania Should Be Put Off
Romania should postpone the deregulation of natural gas prices to avoid a “major impact” on industrial consumers, Romanian steelmaker ArcelorMittal Galati said in a press release Tuesday.
Rompetrol Worried About Cheaper Oil From Serbia - Economy Ministry
Romania’s second-biggest oil group Rompetrol has expressed concern over potential cheap oil imports from Serbia after the latter has signed a trade agreement with the European Union, the Eco...
Romania To Stop Cernavoda Nuke 5 Project
Romania’s government will stop the construction of reactor 5 at the nuclear power plant in Cernavoda, arguing that the European Commission will never authorize the project due to the outdate...
FECNE Bucuresti To Supply $11M Equipments To Chinese Company
Bucharest-based nuclear component plant Fabrica de Echipamente si Componente Nuclearo-Energetice (FECNE) Bucuresti, owned by Italy’s Walter Tosto, will supply China’s Ningbo equipments for e...