Energy
Monsson Group: We Need Better Prepared Renewable Energy Specialists
The Romanian education system is not sufficiently developed in terms of renewable energy to produce young graduates able to meet market requirements, believes Sebastian Enache, business deve...
Minister: Romania Should Raise Oil, Natural Gas Royalties To At Least 20-30%
Romanian Minister-delegate for Energy Constantin Nita said Saturday Romania should increase royalty rates for oil and natural gas to at least 20-30% to reach European Union levels.
Economy Minister: Romania To Renegotiate With IMF Listing Of Key State-Owned Companies
Romania will continue underway listing procedures targeting state-run companies and will hold new talks with the International Monetary Fund on the companies whose listing has been put off,...
Parliament Committees Endorse Economy Minister Nominee Varujan Vosganian
Romanian Parliament’s special committees on Friday endorsed Varujan Vosganian for the position of Economy minister with 57 to 11 votes and one abstention.
GDF Suez To Build 50MW Wind Farm In Romania In 2013
GDF Suez Energy Romania bought firm Alizeu Eolian aiming to develop a wind farm with a capacity of 50 megawatts in Galati county (in the eastern part of the country) next year, the company s...
OMV Petrom, Expert Petroleum Sign Partnership For Production Enhancement
Romania’s leading oil and gas group OMV Petrom (SNP.RO) has signed a 15-year agreement with Expert Petroleum for production enhancement services on 13 small mature oil and gas fields located...
Gazprom Close To Opening First Gas Station in Romania
Gazprom, the largest natural gas producer in the world, is about to complete work on its first gas pump station in Romania.
Moody's Cuts Transelectrica's Ratings To Ba2
Moody's Investors Service on Thursday downgraded to Ba2 from Ba1 the long-term corporate family rating and probability of default rating of Romanian state-run power grid operator Transelectr...
Romania’s New Governing Program For Energy Sector Adds Few Projects To Old Targets
Romania’s new government program mostly targets projects unaccomplished by the former executives over the last 10 years, and aims to reinstate an authority with tasks in the sector of energy...