ENERGY
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ArcelorMittal Galati Seeks To Buy 3.15M MWh Of Energy At RON200/MWh
ArcelorMittal Galati, a unit of the world’s largest steelmaker ArcelorMittal, plans to buy 3.15 million megawatt hour of electricity on the Romanian power exchange OPCOM to sustain operation...
Transelectrica To Cover Network Losses Through OPCOM Deals
State-owned power grid operator Transelectrica (TEL.RO) on Monday announced it will no longer buy electricity at regulated prices when covering network losses, and it will turn to the OPCOM...
EUR27M Worth Of Green Certificates Issued In January
This year started in full gear for renewable energy producers, as they got almost EUR27 million in their accounts in January from the green certificates received for generating power using w...
Romania Is Wanted Dependent On Energy, President Basescu Says
Romanian President Traian Basescu said Wednesday in Parliament that certain interests wish to keep Romania dependent on energy, so local production needs to be increased to counter these int...
Fondul Proprietatea Hires Citigroup To Sell Shares Worth EUR0.5B
Franklin Templeton, the manager of Romanian investment fund Fondul Proprietatea (FP.RO), has selected U.S. Citigroup Global Markets Limited as exclusive broker of the sale of EUR527.6 millio...
Romania January Power Output Down 25% On Year
Romanian energy output dropped 24.9% on the year to 2.57 million tons of oil equivalent in January, largely due to falling production in the hydropower sector, official data showed Wednesday...
Fondul Proprietatea Eyes Selling Unlisted Stakes
Investment fund Fondul Proprietatea (FP.RO) on Tuesday announced the appointment of Citigroup Global Markets Limited as intermediary in the sale of stocks in several unlisted power and gas d...
ZF Power Summit ‘12 Conclusion: Energy Market Needs Massive Investment
The energy sector's high potential to attract investments, the market's deregulation and the pump price of gas were the main topics approached by those attending the Power Summit ’12, an eve...
ZF Power Summit 12: Energy Is The Major Bet Of The Romanian Economy In The Next Decade
Price liberalization and investments in energy have been the main topics in the first day of Power Summit 12, an event attended by the biggest names in the energy industry in Romania.