Energy
Economy Ministry Supports Exploitation Of Gold Deposits In Rosia Montana – State Secretary
Romania’s Economy Ministry supports the exploitation of gold deposits in Rosia Montana, but the Rosia Montana Gold Corporation (RMGC), the company which wants to develop the mining project,...
Mining Company CNH To Undergo Reorganization By End 2011
Romanian state-run mining company Compania Nationala a Huilei (CNH) will separate its viable units from the non-profitable ones by the end of 2011, with the latter scheduled for decommission...
Oltchim Names New Board Chairman
Romanian state-run chemical company Oltchim Ramnicu-Valcea (OLT.RO) appointed Constantin Dascalu as new chairman of the board, the company said in a statement Thursday.
Belgian Electrawinds To Invest EUR30M In Romania Solar Farm
Belgian green energy producer Electrawinds plans to invest around EUR30 million in a 10 MW solar farm in Fierbinti locality, southern Romania, company officials said Thursday.
INS: Romania January-July Power Output +4.1% On Year
Romanian power output rose 4.1% on the year to 13.6 million tons of oil equivalent in the first seven months, fueled by higher production in most sectors, official data showed Thursday.
Petrom Enters Top 15 Largest Companies In CEE
Petrom, the largest domestic company, climbed 11 positions in the ranking of the 500 largest Central and Eastern European companies, joining the top fifteen. The ranking is clearly dominated...
OMV Petrom Gets Three Year Extension On Exploration Of Nine Blocks
The government on Wednesday announced it has extended by three years the exploration permits held by OMV Petrom on nine land blocks and one marine block, with a cumulated surface of 23,000 s...
Monsson Group Invests EUR240M In 150 MW Wind Farm Near Black Sea
Romanian Monsson Group, owned by businessman Emanuel Muntmark, will invest some EUR240 million in the construction of a wind farm in southeast Romania, people close to the matter told MEDIAF...
Romgaz To Attend Iraqi Gas Field Auction In January - Sources
Romanian natural gas producer Romgaz Medias was selected to attend an international auction for 12 oil and gas exploration blocks in Iraq, people familiar with the matter said Wednesday.