Energy
Economy Ministry Publishes Draft Act On Oltenia Energy Complex
Romania's Economy Ministry has opened a public debate on the draft government decision to create the Oltenia Energy Complex, through the merger of thermal power stations Turceni, Craiova and...
Petrom Dismisses Reports Of Gas Stations Deal With NIS
Romania’s leading oil company OMV Petrom (SNP.RO) Thursday dismissed reports regarding plans to sell 139 gas stations to Serbian peer NIS, controlled by Russian giant Gazprom.
Romania’s Winter Heating, Electricity Stocks To Cost RON5.69B
Romania’s raw material supply for electricity and heating will cost 5.69 billion lei (EUR1.3 billion) in the winter 2011-2012 season, 34% more than the costs in the previous inter, according...
Petrom In Talks With Gazprom-Held NIS To Sell About 130 Gas Stations
OMV Petrom (SNP.RO), the largest Romanian company, is looking into the possibility of selling about 130 gas stations, almost one quarter of its entire network, to Gazprom's Serbian subsidiar...
Romania Delays Decision On Hidroelectrica Listing
Romanian Economy Ministry put off a decision on whether to list the shares of hydropower generator Hidroelectrica in Bucharest until the government approves a privatization strategy for the...
Drought Forces Romanian Hidroelectrica To Shrink Output By 37% Until Yearend
Romanian state-owned hydropower producer Hidroelectrica received the final approval for force majeure Tuesday, and its planned reduction of deliveries may be applied until the end of the yea...
Romgaz: Romania Seeks Diversity In Natural Gas Imports
Romanian gas producer Romgaz is analyzing various ways to diversify natural gas imports, including from the Caspian Sea and Western Europe, gas sales director Dumitru Chiselita said Tuesday.
SW Romania Mine Shut Down Because Of Incident In Closed Shaft
The miners at Uricani, southwestern Romania, were brought to the surface Tuesday after an incident in a closed shaft, without anyone being hurt, mine officials said.
OMV Petrom Sees Romania’s Gas Import Prices Up To $545/1,000 Cbm
The price of natural gas imports from Russia will rise to $545 per thousand cubic meters in October, while Romanian authorities maintain the price of locally made gas at $160, Tuesday said H...