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Energy

Romania Notifies EU On Improved Green Certificate Scheme

Romania sent an official note to the European Commission regarding its improved scheme to support renewable energy producers, after the country’s antitrust watchdog has sanctioned the projec...

Florentina Dragu · 07.06.2011 · 18:36 · 1 min
Energy

Massive EU Funding Within Romania’s Reach For Groundbreaking CO2 Project

Carbon dioxide capture and storage are relatively new concepts worldwide, but this is the technology that will witness a fast-paced growth in the next ten years and will attract over $40 bil...

Roxana Petrecu · 07.06.2011 · 00:00 · 3 min
Energy

Azeri SOCAR Buys Romanian Gas Stations, Plans Expansion

Azeri state-owned oil company Socar bought 14 gas stations in northeast Romania and it intends to further expand its local network, Trend news agency reported Monday, citing the company's ch...

Andrei Cîrchelan · 06.06.2011 · 17:45 · 1 min
Energy

Energy Transporters May Apply For Financing Of Network Upgrades

Romanian electricity and natural gas transporters may request financing from the state for infrastructure upgrades, between June 13 and July 15, under a program with a total budget of 242.9...

Andrei Cîrchelan · 06.06.2011 · 17:28 · 1 min
Energy

Electrocentrale Deva Seeks Contractors For RON85.5M Eco-Works

Romanian electricity producer Electrocentrale Deva, a subunit of state-owned Termoelectrica, plans to invest 85.5 million lei (EUR20.7 million) in environment works.

Andrei Cîrchelan · 06.06.2011 · 15:24 · 1 min
Energias De Portugal Plans To Develop Wind Farms The Size Of One Cernavoda Reactor
Energy

Energias De Portugal Plans To Develop Wind Farms The Size Of One Cernavoda Reactor

Energias de Portugal (EDP), one of the world’s biggest players in the wind power sector, with EUR14 billion in turnover, completed the installation of a 159-MW wind farm in Dobrogea, the equ...

Roxana Petrescu · 06.06.2011 · 00:00 · 1 min
Romania Talks Nuke Reactor Investment With US, Asian Companies
Energy

Romania Talks Nuke Reactor Investment With US, Asian Companies

Companies in Japan, China, South Korea and the United States showed interest in working with Romania on the construction of nuclear power reactors 3 and 4, Friday said Romanian Economy Minis...

Andrei Cîrchelan · 03.06.2011 · 19:52 · 1 min
Romgaz May Float Stock Within 12-14 Months
Energy

Romgaz May Float Stock Within 12-14 Months

Economy Minister Ion Ariton said Friday that state-owned gas distributor Romgaz will be floated on the Bucharest bourse within 12 to 14 months.

Andrei Cîrchelan · 03.06.2011 · 19:38 · 1 min
Hidroelectrica May Get Private Management In Fall
Energy

Hidroelectrica May Get Private Management In Fall

The first state-owned companies to get private management “could be” hydropower producer Hidroelectrica and coal company CNH, starting fall, Friday said Economy Minister Ion Ariton.

Andrei Cîrchelan · 03.06.2011 · 19:11 · 1 min