Energy
CNVM OKs Preliminary Prospectus For Petrom Stake Sale
Romania’s securities commission CNVM Wednesday approved a preliminary prospectus for the sale of a 9.84% stake in dominant oil company OMV Petrom (SNP.RO).
Transelectrica Launches Transformer Station For Dobrogea Wind Farms
Romanian state-owned power grid operator Transelectrica (TEL.RO) on Wednesday launched the Tariverde transformer station, in Constanta county, which will receive electricity from the wind fa...
Tender Says Prospectiuni Ready To Tap Into African Resources
Businessman Ovidiu Tender is prepared to invest several hundred million euros in Africa in technical and classical crops over the next ten years, in the oil and mineral resources sector, ant...
EU: Romania's 2010 Greenhouse Emissions Down To 47.3 Mln Tons
Romanian greenhouse gas emissions dropped to 47.3 million tons in 2010, from 48.6 million tons a year earlier, official data showed Tuesday.
Termica Suceava To Use Eco-Pass Money To Buy Coal
Thermal power producer Termica Suceava will use the money obtained by selling greenhouse gas emission certificates to buy coal for heating in the winter of 2011-2012, Suceava mayor Ion Lungu...
Rompetrol Cuts RON0.12/Liter Off Diesel Prices, Raises Gas Price By RON0.09/Liter
Rompetrol Downstream, the fuel distribution unit of oil group Rompetrol, Tuesday increased pump prices for gasoline by 0.9 lei (EUR0.22) per liter and decreased diesel pump prices by RON0.12...
Romania Adds Private Company To IMF Letter Of Intent By Mistake
Dalkia Romania, a unit of French utility Veolia Environment, was included by mistake on a list of money-losing public companies that require international monitoring.
Winners of Clean Energy: Who Gained From Green Certificates
The flood of investors in the field of renewable energy and particularly in the wind energy sector has a single explanation: the green certificates or the mechanism of subsidies aimed at the...
Cristescus' Foraj Sonde Net Profit Slides In First Quarter
Romanian oil and gas services company Foraj Sonde Craiova (FOSB.RO) Monday posted a net profit of 371,117 lei (about EUR90,000) in January to March, down from RON974,236 in the same period a...