Energy
Oltchim Could Take Over Remaining Activities At Arpechim
Romania’s Economy Ministry Tuesday said chemical plant Oltchim (OLT.RO) might take over the entire activity at troubled supplier Arpechim, after the refinery was shut down because of lack of...
Franklin Templeton Says Romania Could Attract EUR3.5B By Listing Nuke, Hydropower Plants
Romanian state-owned power producers Hidroelectrica and Nuclearelectrica could draw funds worth a total EUR3.5 billion when floating stock on the bourse, Monday said Greg Konieczny, manager...
China Huadian Engineering Mulls Energy Investment In Romania
China Huadian Engineering plans to invest in Romanian energy production, especially mining and coal-based power plants, the local Economy Ministry said late Monday after talks with the Chine...
Catalan Electric Plans RON46M Wind Farm In NE Romania
Romanian realty developer Catalan Electric plans to invest 46.3 million lei (EUR1=RON4.1084) in a 9 MW wind farm project that will be partly financed from European funds, according to a comp...
Lukoil Romania Ups Fuel Prices By RON0.03/Liter To Match Competitors' Raises
Lukoil Romania on Monday raised its pump prices by 0.03 lei (EUR1=RON4.1084) per liter, after a RON0.06/liter increase on Friday, and matched the price hikes of its main competitors OMV Petr...
Lukoil Romania To Sell Electricity For $17.6M In 2011
Lukoil Energy & Gas Romania, the energy division of Russian-owned Lukoil Romania, expects revenue of $17.6 million this year from selling the electricity it produces at a power plant located...
Hidro Este Plans RON66M Hydro Plants In C Romania
Romanian company Hidro Este plans to invest 65.9 million lei (EUR1=RON4.1084) in several micro-hydropower plants in the southern Romanian county Valcea, according to a company announcement.
Rompetrol Ups Fuel Pump Prices By RON0.09/Liter
Romanian fuel distributor Rompetrol Downstream on Friday increased pump prices for diesel oil and gasoline by 0.09 lei (EUR1=RON4.1146) per liter, on the same day that OMV Petrom (SNP.RO) up...
Petrom Sets Tone For New Fuel Price Hikes With RON0.09 Raise
Romania’s largest oil company OMV Petrom (SNP.RO) Friday raised its gasoline and diesel oil pump prices by 0.09 lei (EUR1=RON4.2065) per liter, which could trigger similar increases from oth...