Energy
Energy Regulator VP Says Decision To Raise Electricity Prices By 5% Not Adopted Yet
Petru Lificiu, vice-president of Romania’s National Regulatory Authority for Energy ANRE, on Wednesday said the decision to increase by 5% the administered prices for electricity hasn’t been...
China’s Sinovel To Deliver Turbines For 1,200-MW Wind Projects In Romania
Sinovel Wind Group Co, China's largest wind turbine producer, has signed an agreement with two Romanian companies to deliver wind turbines with a total capacity of 1,200 megawatts for future...
Short Deadlines For Romania's Electricity Market Deregulation Are Not Credible - Lawyer
The short deadlines set for the deregulation of electricity prices in Romania are not credible and authorities have all the necessary means to delay the process, Stefan Botezatu, managing pa...
CEZ To Complete 600 MW Wind Farm In Romania By Year-end
CEZ Trade Romania, a unit of Czech power group CEZ, Tuesday said the group’s 600-megawatt wind farm in Fantanele and Cogealac localities will be fully operational by the end of 2012.
CEZ: Investors In Renewable Energy Face Many Obstacles In Romania
Investments in renewable energies are founded on the need to ensure durable development, given that current sources are exhaustible, but the players in this field face a series of obstacles,...
OMV Petrom: Romania Needs EUR60B Investment In Oil&Gas Industry
Romania may need financing of up to EUR60 billion to capitalize its oil and natural gas resources, double the amount estimated by the authorities for the entire energy sector by 2030, an off...
Economy Minister Signs RON150M Contracts For Energy Investments
Romanian Economy Ministry Daniel Chitoiu signed Tuesday two non-reimbursable financing contracts targeting to build a hydroelectricity plant in Arges county, southern Romania, and a cogenera...
Ponta Appoints New Head At Mineral Resources Agency
Romanian Prime Minister Victor Ponta has appointed Gheorghe Dutu to the position of president of the National Mineral Resources Agency ANRM.
Record-High Profit At Romgaz: Romania's Largest Natural Gas Producer Reaches Net Result Of RON1B
Romgaz Medias, Romania’s largest gas producer and the most profitable state-run company, last year reached a net profit of over 1 billion lei (around EUR0.22 billion), 35% more than the prel...