Energy
Oltchim and Hidroelectrica Proposed For Private Management - Sources
Hidroelectrica, Oltchim, Tarom and CFR Marfa are the companies for which Romanian authorities and the International Monetary Fund agreed to appoint private management, with the complete list...
Rosia Montana Gold Corporation Says Hasn't Yet Set Finance Plan For Mining Project In Romania
Rosia Montana Gold Corporation (RMGC), the company developing a gold mining project in Rosia Montana, western Romania, said Thursday it has not yet set the financing plan and the implementat...
Upetrom: Romania’s Oil Industry To “Boom” In 2012-2013
Romania’s oil segment will “boom” in 2012-2013, given that 40 new exploration and drilling licenses will be granted by the end of this year, Thursday said Florin Ciocaneala, executive manage...
Romgaz Gets 5-Year Lease Extension On Eight Gas Blocks
Romania’s mineral resources agency ANRM has agreed to extend by five years the exploration license for eight onshore fields leased to natural gas producer Romgaz Medias, the agency’s head Al...
Vimetco, Enel Interested In 500 MW Romanian Thermal Power Plant
Romanian aluminum Alro Slatina (ALR.RO), its majority holder Vimetco and Italian group Enel may join the construction of a EUR750 million power plant within thermal power producer Rovinari,...
Rosia Montana Gold Corporation To Borrow $700M For Mining Project In Romania
Rosia Montana Gold Corporation (RMGC), the company developing a gold mining project in Rosia Montana, western Romania, will borrow $700 million from an international bank consortium led by R...
Romania Seeks Uranium Suppliers For Upcoming Nuke Reactors
Romania’s uranium reserves will not be enough to produce electricity at nuclear reactors 3 and 4 of the Cernavoda power plant, Economy Ministry official Sorin Gaman said Thursday.
Suceava Council President Wants Romania To Capitalize On Local Metal Deposits
Gheorghe Flutur, president of the Suceava county council, said Thursday that he has talked to Romania's Economy Ministry about opening mines in the county, especially in areas with deposits...
SNLO's Receivables Higher Than Debts
Romanian state-owned mining company SNLO has a debt of 300 million lei (around EUR71 million) to suppliers and to the state budget, while receivables reach RON500 million, general manager Da...