Energy
Chevron Gets Urban-Planning Permits For Shale Gas Exploration In Vaslui
U.S. oil group Chevron has received urban-planning permits from the Vaslui county council to explore three shale gas blocks in the county.
Hidroelectrica Eyes Selling EUR35M Worth Of Electricity
Romania’s insolvent energy producer Hidroelectrica plans to sell 768,000 megawatt-hours of electricity on the local energy exchange OPCOM in a bid to raise EUR35 million.
Association: Romania’s Special Tax On Natural Resources To Hurt Constructions Market
The representatives of the Romanian Association of Road Transporters in Constructions (ATRC) on Tuesday said the draft decree levying a special tax of 0.5% on the revenues of companies explo...
Analysts Have Different Stance On Whether To Buy Petrom Shares Or Not
The analysts of Austrian group Erste Bank (EBS) have changed their opinion on the shares of oil company OMV Petrom (SNP.RO) after the Government announced it would levy tax on the additional...
Romania Delays State-Owned Companies' Sale Calendar; Pledges To Continue Reforms
Romania will launch an initial public offering of 15% in state-owned natural gas producer Romgaz by the end of October 2013, seven months later than initially planned, according to the count...
Romania Has No Money For Cernavoda Project, Econ Min Says
Romanian Economy Minister Varujan Vosganian said Monday that the government has insufficient resources to finance key projects in the energy sector, including the long-delayed construction o...
Transgaz Public Offering Will Be Launched By Mid-April
Romania plans to launch a secondary public offering of 15% in state-run natural gas transporter Transgaz (TGN.RO) by mid-April, according to the country’s latest letter of intent to a EUR3.6...
Oltchim's Legal Administrator To Present Restructuring Solutions In April
The legal administrator of Romanian debt-mired chemical plant Oltchim (OLT.RO) will present in mid-April a report on the situation at the company and the steps to be taken to restructure the...
CFR Calatori Wants To Purchase 20,000 Tons Of Diesel Fuel For RON78.4M
Romanian state-owned passenger railway carrier CFR Calatori will organize a new auction on January 31, at the Romanian Commodities Exchange, to purchase 20,000 tons of Euro 5 diesel fuel for...