Energy
Romania Might Raise Royalties On Gold, Silver, Platinum Mining To 8%
Romania's Government might double the royalties on gold, silver and platinum extraction, from 4% to 8% of the value of production, and increase royalties on other mineral products, such as c...
ANRE Sees Romania’s Electricity Consumption Up 5% In 2012
Romania’s final consumption of electricity is expected to increase by 5% in 2012, to 48.95 million MWh, according to data from energy regulator ANRE.
Romania’s Green Certificate Market Seen At EUR300M In 2012
Romania’s green certificate market is expected to triple in value next year, to EUR300 million, following a strong increase in renewable energy production, according to data from local energ...
Electrica To Award RON46.3M Acquisition Contract
Romanian state-owned electricity distributor Electrica SA wants to attribute a contract worth 46.3 million lei (EUR10.8 million) through negotiation.
Transgaz Requested Budget Correction As It Expects 53% Higher Profit
Romanian gas transporter Transgaz (TGN.RO) on Friday said it has requested a correction of its financial indicators because it expects pretax profit to be 53% higher.
Romania To Write Off CNH’s Debt To State Budget
Romanian state-run coal mining company Compania Nationala a Huilei (CNH) will transfer its non-viable mines to the national tax authority ANAF in exchange for having its debt to the consolid...
EU Urges Romania To Set Up Natural Gas Bourse
The European Commission is urging the Romanian government to step up the deregulation of natural gas and electricity, recommending the authorities develop a trading exchange in the gas marke...
E.ON Gaz Distributie Invested RON180M In Upgrades In 2011
Romania's E.ON Gaz Distributie has invested a total 180 million lei (EUR42 million) this year, mainly in upgrades of its gas network, company general manager Virgil Metea said Thursday.
The Rompetrol Group Expands Gas Station Network In France
French Dyneff, owned by the Rompetrol group, on Thursday announced it has expanded its gas station network in France after launching a new station some 320 km from Paris.