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Transgaz May Cover Up To 20% Of Nabucco Pipeline Costs
Energy

Transgaz May Cover Up To 20% Of Nabucco Pipeline Costs

Romanian state-run natural gas transmission system operator Transgaz (TGN.RO) could finance between 7% and 20% of the upcoming Nabucco West international pipeline project, the company said i...

Florentina Dragu · 19.03.2013 · 13:57 · 1 min
Transelectrica Names Ex-Economy Ministry Secretary As Supervisory Board Head
Energy

Transelectrica Names Ex-Economy Ministry Secretary As Supervisory Board Head

Romania’s state-run power grid operator Transelectrica (TEL.RO) Monday named Dumitru Parvulescu, former deputy secretary general with Economy Ministry, as president of the company’s Supervis...

Manuela Panescu · 18.03.2013 · 19:46 · 1 min
Economy Ministry To Transfer Control Of Transelectrica, Transgaz To Finance Ministry - Draft
Energy

Economy Ministry To Transfer Control Of Transelectrica, Transgaz To Finance Ministry - Draft

Romania’s Economy Ministry will transfer its control over the shares in state-run power grid operator Transelectrica (TEL.RO) and natural gas transporter Transgaz (TGN.RO) to the Finance Min...

Ioana Tudor · 18.03.2013 · 17:54 · 1 min
Geothermal Energy May Attract EUR1.5B To Be Productive. What’s Missing To Start Up?
Energy

Geothermal Energy May Attract EUR1.5B To Be Productive. What’s Missing To Start Up?

Romania’s energy potential from geothermal sources could be evaluated at about EUR1.5 billion, based on the data on investments accomplished up to date and the most recent studies in the fie...

Manuela Panescu · 17.03.2013 · 17:14 · 5 min
Oltchim’s Deputy GM Takes Over As Company Head
Energy

Oltchim’s Deputy GM Takes Over As Company Head

Mihail Talpasanu, deputy general manager of Romania’s insolvent state-run chemical plant Oltchim Ramnicu-Valcea (OLT.RO), has taken over the attributions of the plant’s former general manage...

Ecaterina Craciun · 15.03.2013 · 13:24 · 1 min
Romania Could Save Up To EUR7B By Improving Energy Efficiency
Energy

Romania Could Save Up To EUR7B By Improving Energy Efficiency

Romania could save between EUR4.8 billion and EUR7.4 billion by improving energy efficiency until 2020.

Neagu Bogdan Mircea · 15.03.2013 · 10:32 · 2 min
Grup Servicii Petroliere Bidding For Black Sea Contract
Energy

Grup Servicii Petroliere Bidding For Black Sea Contract

Grup Servicii Petroliere, an offshore drilling company part of the Upetrom group of businessman Gabriel Comanescu, is bidding in what could be the tender of the year to get a contract with E...

Tudor Ioana Raluca · 15.03.2013 · 00:00 · 2 min
Some 27 Wind Farms To Be Built In Vaslui County By End-2015
Energy

Some 27 Wind Farms To Be Built In Vaslui County By End-2015

Twenty-seven wind farms will be constructed in Vaslui county, eastern Romania, by the end of 2015, following investments worth some EUR100 million, local authorities said in a report.

Tudor Ioana Raluca · 14.03.2013 · 21:46 · 1 min
ANRE: Electricity Suppliers Should Be More Flexible To Consumer Needs
Energy

ANRE: Electricity Suppliers Should Be More Flexible To Consumer Needs

Electricity suppliers should show more flexibility toward consumers and take on some of the producers’ responsibilities, an official of the country’s energy regulator ANRE said Thursday.

Florentina Dragu · 14.03.2013 · 15:53 · 1 min