ENERGY
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Romania Lacks Vision For Energy System Development, Legal Expert Says
Romania should reintroduce bilateral electricity trading contracts, needed to finance investments in its energy sector, as it lacks a vision for the development of its energy system, Andreea...
Romanian Energy Minister, Enel Hold Talks On Units Sale
Romania’s energy minister Razvan Nicolescu will discuss Wednesday in Rome with the management of Enel the sale of the Italian group’s Romanian units.
INS: Romania January-July Power Output Up 1.5% On Year
Romanian energy output rose 1.5% on the year to 12.74 million tons of oil equivalent in the first seven months of 2014, fueled by higher production in most sectors, official data showed Wedn...
Romanian Energy Sector Needs Annual Investments Of EUR4-5B In Next 10 Years - Minister
The Romanian energy sector needs investments of EUR4-5 billion a year in the next ten years, a total of EUR5-15 billion more than estimated six months ago, minister-delegate for Energy Razva...
Romania’s Energy Exports Hit 8-Year High
The first six months of 2014 brought a record in terms of Romania’s energy exports, with domestic producers sending over 3 terawatt hours of electricity abroad, the highest level since 2007,...
Romanian Companies Interested In Enel’s Units - Energy Minister
Romanian energy minister Razvan Nicolescu told Enel representatives in a meeting Thursday that several Romanian companies are interested in buying some of the Italian group’s operations in t...
Nuclearelectrica Starts Investor Selection For 2 Reactors At Cernavoda Plant
Romanian nuclear power producer Nuclearelectrica (SNN.RO) Wednesday started procedures to select investors for a project to build two new reactors at the company’s plant in Cernavoda.
Energy Companies To Make Public Acquisition Contracts, Sponsorships
Energy Minister Razvan Nicolescu issued an order by which state-owned energy companies should make public all the contracts of assets and works acquisitions exceeding EUR500,000, service acq...
Hidroelectrica's Profit Hit Record High Of EUR115M In 1H
Hidroelectrica, Romania’s largest energy producer which went insolvent for the second time in early 2014, ended the first half of 2014 with gross profit of 509 million lei (EUR115.6 million)...