Energy
Romanian Government Retains Right To Block High Pricing For Energy
The Romanian government has reserved the right to limit and even block an “excessive” growth of electricity prices, for an extendable interval of up to six months, through setting a price ce...
Romania, International Consortium Sign Brokerage Deal For Romgaz IPO
Romanian Economy Ministry has signed a brokerage agreement to sell 15% in state-run natural gas producer Romgaz Medias, the ministry said in a statement Monday.
Romania Paid $10B For Russian Natural Gas In Last Eight Years
With two exceptions, every bill paid by Romania over the past eight years for natural gas supplied through intermediaries from Russia has been higher than $1 billion. Last year, the cost was...
Romania To Freeze Household Gas Prices Until 2013 - Bill
Romanian authorities plan to maintain the tariffs for the natural gas delivered to household clients unchanged until end-March 2013, according to a joint draft order from the energy watchdog...
Romania Antitrust Watchdog Clears Azomures’ Takeover
Romanian Competition Council has given Swiss grain trader Ameropa Holding AG the green light to move forward on its deal to buy a 75.87% stake in local fertilizer producer Azomures (AZO.RO),...
Energy Prices In Romania To Be Maintained At The Moment - Watchdog
Romania’s energy regulator ANRE is not planning to increase electricity and gas prices in the near future, but it cannot be known whether these prices will double by the end of the deregulat...
Government Endorses Tougher Penalties For Abusive Practices In Energy
Romanian energy suppliers will be slapped with higher fines if they engage in practices that harm customer relations, Economy Minister Lucian Bode said Friday.
Economy Ministry To Transfer Control Of Transelectrica, Transgaz
Romanian Economy Ministry may have to transfer its control over the shares of state-run power grid operator Transelectrica (TEL.RO) and natural gas transporter Transgaz (TGN.RO) to other min...
Hidroelectrica Launches Final Round Of Bilateral Deal Renegotiations
State-owned hydropower producer Hidroelectrica started a new round of renegotiations Friday, to amend its bilateral electricity sale contracts, with a plan to conclude the process by the end...