Energy
Solar Power Becomes The New Trend In Renewable Energy
After Dobrogea was invaded by investors who developed or planned to develop wind farm projects (the installed capacity of wind farms in the region nears that of a reactor at the nuclear plan...
Black Gold Rush On Black Sea
The success rate for deep hydrocarbon exploration is 10%-20%; the rest is risk in the billions of euros. This year, two international giants and Romania's largest oil and gas producer OMV Pe...
Bulrom Gas Sees 2011 Sales Rising To EUR82M
Romanian liquefied petroleum gas producer and distributor Bulrom Gas on Thursday said it expects sales to reach EUR82 million this year, compared to EUR56 million in 2010.
Romania Completes Gas Storage For Winter
Romania’s Economy Ministry on Thursday announced that natural gas storage operations, for winter consumption, have been completed, using mostly locally made gas.
EDP Renovaveis Completes 69 MW Project, Consolidates As Second Largest Local Wind Farm Owner
EDP Renovaveis (EDPR), the renewable energy division of Portuguese group Energias de Portugal, has completed another wind farm in southeast Romania, following an investment of EUR100 million...
Romania Approves Renewable Energy Incentive Scheme
Romania's Government on Wednesday approved the ordinance providing state aid through green certificates for renewable energy production, after repeated complaints about delays from business...
Romania Amends Law To Ease Exploration Of Black Sea Blocks
Romania’s government will allow the companies drilling and prospecting underwater on the continental plateau to work without a construction authorization, in a decision that’s relevant for e...
Economy Ministry Hires Broker For Transelectrica Public Offering
Romanian Economy Ministry will hire a consortium made of investment companies BCR, Intercapital Invest and Swiss Capital to help with a secondary offering of 15% in state-run power grid oper...
Senate Adopts Decree Slashing Heating Aid Subsidies
Romanian senators Wednesday adopted 51 to 49 votes a government emergency decree that slashes subsidies for household heating bills.