Energy
Vimetco Pulls Out Of JV With Romanian Interagro
Dutch aluminum smelter Vimetco has decided to withdraw from its joint venture with Romanian Interagro set up to support the construction of a coal fired power plant in the southern city of T...
OMV Petrom’s Unit Connects To Power Grid In Pre-run Tests
Romanian leading oil company OMV Petrom (SNP.RO) Tuesday said its cogeneration thermal plant in Brazi has successfully connected to the national power grid during a series of pre-run tests.
Romgaz Gives State EUR143M From Profit, Keeps Only EUR18M For Investments
Romgaz Medias, one of the most valuable state-owned companies that accounts for half of the Romania's natural gas production, is to give EUR168 million, 90% of last year's net profit, plus n...
Autogas Sales Rise 10% In 2010, Stand At 45% Of Entire LPG Market
Romania’s autogas market rose some 10% last year, representing 45% of liquefied petroleum gas (LPG) sales, gas automation and measurement firm Syscom 18 said Monday.
Petrom Offer Due In July
The sale of a 9.8% stake in Petrom (SNP.RO), the largest Romanian company, will be completed by late July, Economy Minister Ion Ariton has firmly stated. The minister’s statement is surprisi...
Deutsche Telekom, Bayer And E.ON To Float In Bucharest June 21
Germany’s telecom operator Deutsche Telekom (DTE.RO), drug maker Bayer (BAYN.RO) and utility E.ON (EOAN.RO) will be floated in Bucharest on June 21, the market operator said Friday.
OMV Petrom Pays RON15M For Waste Removal Services
Romanian leading oil and gas company OMV Petrom (SNP.RO) will pay 14.7 million lei (EUR3.4 million) for waste removal services at eight storage facilities in the country, the company said in...
ZF Seminar: Communications, Energy Operators Could Build Smart Grids Together
The still low penetration rate of Internet services in small towns and in rural areas, as well as the prospective cooperation between communications operators and energy operators to build a...
Gas Price Unchanged For Households By March 2012, Industrial Consumers To Pay 30% More
The price of natural gas delivered to households will remain unchanged until March 2012, while prices for some of the industrial consumers will grow by up to 30%, people close to the matter...