Energy
Alum Tulcea Invested $10M In Upgrading Slag Dump Since 2009
Romanian alumina producer Alum Tulcea (BBGA.RO) said Wednesday it has invested $10 million in upgrading its slag dump since 2009, when it started its activity.
SIF Oltenia Sells 0.04% In OMV Petrom For RON9.4M
Romanian regional investment fund SIF Oltenia (SIF5.RO) on Tuesday sold a stake of 0.04% in OMV Petrom (SNP.RO) for 9.4 million lei (EUR2 million).
Conpet General Manager Resigns After Being Elected MP
The general manager of Romanian state-run oil transporter Conpet Ploiesti (COTE.RO), Nicolae Alexandri, resigned Monday after being elected deputy in Prahova county from the Ruling Coalition...
Hidroelectrica Resumes Bid For Plant Technological Upgrade, A EUR110M Project
Romania’s insolvent energy producer Hidroelectrica resumed the international bid for the technological upgrade of Stejaru plant in the northeastern county of Neamt, a project of EUR110 milli...
EU Launches Inquiry Into OPCOM’s Practices
The European Commission has opened formal antitrust proceedings against Romania’s energy exchange OPCOM and state-run power grid operator Transelectrica (TEL.RO) over suspicions the exchange...
Hidroelectrica Mulls Selling RON106M Worth Of Electricity
Romania’s insolvent energy producer Hidroelectrica plans to sell 482,000 megawatt-hours of electricity on the local energy exchange OPCOM in a bid to raise 106 million lei (EUR23.4 million),...
MOL Romania Opens New Gas Station In EUR1M Investment
Hungary’s oil and natural gas company MOL said Tuesday it invested about EUR1 million in a new gas station in Romania, expanding its local network to 134 units.
Romania To Include Energy Efficiency Investments In Gas Tariffs
Romanian energy regulator ANRE will allow gas suppliers to include in gas delivery tariffs the energy efficiency investments that reduce gas bill costs.
Romania Plans To Evaluate Its Groundwater Reserves Between 2013 And 2016
Romania’s Government plans to carry out a geological research program countrywide, between 2013 and 2016, to evaluate its underground reserves of potable and industrial water, in a move to "...