Energy
Gas Price Liberalization Will Not Hike Prices Too Much – Economy Ministry Official
The liberalization of gas prices, requested by the International Monetary Fund and the European Commission, will not result in a strong increase of fees, to import levels, since purchase pow...
Romania Climbs To 10th Place In E&Y’s Wind Energy Attractiveness Top
Romania’s strong wind market has pushed the country to the 10th place in a global attractiveness ranking for investments in wind energy, according to a report from Ernst & Young.
Petrom: Romania May Break Free From Dependence Of Natural Gas Imports
Romanian leading oil company OMV Petrom (SNP.RO) Wednesday said its latest hydrocarbon discovery in the Black Sea could reduce or altogether eliminate the country’s dependence on gas imports...
Rompetrol Sees 38% Hike In Sales For 2011, To $9.4B
Romanian oil group Rompetrol on Wednesday said it is expecting consolidated sales to increase 38% this year, to $9.4 billion, from $6.8 billion in 2011, backed by the completion of investmen...
ZF Power Summit 12: Energy Is The Major Bet Of The Romanian Economy In The Next Decade
Price liberalization and investments in energy have been the main topics in the first day of Power Summit 12, an event attended by the biggest names in the energy industry in Romania.
Romania Hydropower Potential Estimated At 8,000 MW; New Investments Needed
The potential for hydropower projects in Romania is huge, but it cannot be reached without further investments, Environment Minister Laszlo Borbely said Tuesday.
Romania Approves State Aid For Coal Mine Closures, 200 Employees To Be Laid Off This Year
Romania's Government has approved state aid for coal producer CNH Petrosani to close its nonviable mines and lay off around 200 employees this year.
CEZ: Low Energy Tariffs Impact New Investments
Romania’s low tariffs for energy consumers are taking a toll on companies’ financial resources, limiting new investments, said Adrian Borotea, corporate affairs manager with Czech utility CE...
Authorities To Speak On Energy Price Deregulation By March 21
The government will express a point of view on the liberalization of electricity and gas prices by March 21, the date of the next board meeting held by the International Monetary Fund board,...