Energy
Oltchim To Have New General Manager By March 15
Romania’s Economy Ministry will appoint special administrators and a new general manager at insolvent state-owned chemical plant Oltchim by March 15, Economy Minister Varujan Vosganian said...
Vosganian Says He Supports Shale Gas Exploration
Romania’s Economy Minister Varujan Vosganian said Thursday he supports shale gas exploration, as it will bring out information concerning available resources and the opportunity to start exp...
ExxonMobil Sees Romania As Large Retail Market For Black Sea Gas
The head of ExxonMobil Exploration & Production Romania Thursday said Romania will be one of its main retail markets for the natural gas extracted from the Black Sea blocks.
SOCAR Plans To Open 20 Gas Stations In Romania In 2013
Azeri state-run oil company SOCAR plans to expand its Romanian gas station network by another 20 units in 2013, the company’s general manager Hamza Karimov said Thursday at ZF Power Summit '...
Nitu: Romania Received Several Offers For Cernavoda Project
Romanian Minister Delegate for Energy Constantin Nita Thursday said the government has received several financing offers for the construction of two new reactors at the nuclear power plant i...
Rompetrol: Gas Stations With Below 1M Liters Annual Sales Will Hardly Survive
Romanian filling stations that sell less than 1 million liters a year will hardly survive, as the number of units is increasing, according to Titov Buzescu, advisor of Rompetrol's chief exec...
Romania To Alter Renewable Energy Support - Minister
Romania will change the renewable power regulations regarding the number of certificates granted for green energy, the country’s energy minister said Thursday.
Artego Targu Jiu 2012’s Net Profit Surges To RON11.7M
Romanian rubber bands maker Artego Targu Jiu (ARTE.RO) reported a net profit of 11.69 million lei (EUR2.6 million) in 2012, 2.7-fold higher from RON4.34 million a year ago, the company said...
Energy Minister Plans New Reorganization, Including Hidroelectrica Split-up
Romanian government will reorganize the state-owned energy companies planning to set up two or three powerful companies able to compete at regional level, minister-delegate for energy Consta...