Energy
US Ambassador To Romania Pleads For Energy Privatization
Romania’s plans to reorganize the bulk of its energy producers in two “national energy champions”, instead of partial or full privatization, is like “rearranging the deck chairs on the Titan...
Romanian Eco Fund To Subsidize Renewable Energy Projects With RON875M
Romania will subsidize some 50 companies investing in renewable energy projects with a total 875 million lei (EUR1=RON4.1276) from the Environment Fund, environment minster Laszlo Borbely to...
Romania Transelectrica Wants To Sell 12% More Shares To Fund Investments
Romanian state-run power grid operator Transelectrica (TEL.RO) wants to sell 12% more shares than planned on the Bucharest stock exchange in 2011 to finance investments, deputy general manag...
InterAgro To Shut Down 2 Romanian Chemical Plants In April
InterAgro Group, owned by Romanian businessman Ioan Niculae, will close down its chemical plants from Turnu Magurele and Slobozia starting April 1, and, respectively April 8, blaming the aut...
Romanian Transgaz Requests Higher Gas Transport Fees
Romanian state-owned gas transporter Transgaz (TGN.RO) asked energy watchdog ANRE to increase the transport fees for natural gas, company official Elisabeta Ghidiu said Tuesday.
Romania 1Q Power Consumption Up 6% On Year - Transelectrica
Romanian electricity consumption rose 6% on the year in the first quarter, a senior official of state-run power grid operator Transelectrica (TEL.RO) said Tuesday.
Romania 2010 Power Output +4.3% On Year to 59.2 TWh
Romanian power output rose 4.3% to 59.14 TWh in 2010, from 56.7 TWh a year earlier, data from the energy regulator ANRE showed Monday.
Romania 2010 Gas Consumption Up 4.8% To 146.7M MWh
Romanian natural gas consumption rose 4.8% to 146.7 million MWh in 2010, from around 140 million MWh a year earlier, the country’s energy regulator ANRE said in a report Monday.
Romanian OMV Petrom Reshuffles Management
Romanian largest oil company OMV Petrom (SNP.RO) Friday announced the reduction of the number of members in its executive board and the replacement of the Supervisory Board’s head.