Energy
Government OKs Two More Oil Drilling Licenses In The Black Sea
Romanian government Wednesday approved two oil exploration licenses in the Black Sea platform granted by the national agency for mineral resources to a consortium made of oil companies Lukoi...
Romania Shows Upcoming Nuke Reactor Literature To Chinese Bidder
Romanian nuclear power plant operator Nuclearelectrica on Wednesday signed an agreement with China Guangdong Nuclear Power Group, allowing the Chinese company to view the literature on the c...
GDF Suez Romania: For Energy Prices The Only Way Is Up
The only trend seen by energy prices is upwards, but mechanisms need to be found to protect vulnerable consumers, Eric Stab, country manager for Romania within GDF Suez, said Wednesday.
Petrom: Diesel Fuel Prices Grow Because Demand Is High
The increase in diesel fuel prices comes from increased demand for this product, as Romania produces less of this fuel than it consumes, Wednesday said Mariana Gheorghe, chief executive offi...
French Filasa To Build 11 Wind Farms In NE Romania
France’s Filasa International plans to build 11 wind farms with a total capacity of 516 MW in the Romanian northeastern county of Suceava by 2014, local authorities said Wednesday.
Oil Price Decline Had No Effect On Fuel Prices In Romania
The price of the oil barrel has fluctuated heavily in 2011; from a peak of $114.53 in April, it plunged to $76.39 at the beginning of October. This trend, however, did not induce any respons...
Romanian Power Company Oltenia Expected To Generate EUR1B In Revenue
Romania’s planned power company Complexul Energetic Oltenia is likely to generate around EUR1 billion in annual revenue, according to estimates of the Economy Ministry.
Alro Slatina Shuts Down Production Unit On Reduced Power Supply
Romanian aluminum maker Alro Slatina (ALR.RO) Tuesday said it has started procedures to shut down a production unit, because of reduced electricity deliveries from its main supplier, Hidroel...
Energy Project Delays Drive Romanian Experts Abroad
More and more energy specialists are choosing to leave Romania in search of higher pay and because only a handful of new investments in this sector that might have required their expertise h...