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ExxonMobil Sees Romania As Large Retail Market For Black Sea Gas
Energy

ExxonMobil Sees Romania As Large Retail Market For Black Sea Gas

The head of ExxonMobil Exploration & Production Romania Thursday said Romania will be one of its main retail markets for the natural gas extracted from the Black Sea blocks.

Florentina Dragu · 28.02.2013 · 13:52 · 1 min
ANRE: Gas Price Deregulation For Households Likely To Be Pushed Back To 2019
Energy

ANRE: Gas Price Deregulation For Households Likely To Be Pushed Back To 2019

Romania might extend the liberalization of natural gas prices until 2019, depending on the evolution of gas prices and household income, the country’s energy regulator head Nicolae Havrilet...

Ecaterina Craciun · 27.11.2012 · 16:00 · 1 min
Romania Could Export Natural Gas Starting 2013
Energy

Romania Could Export Natural Gas Starting 2013

Romania will be able to export natural gas starting 2013, once it removes all technical restrictions, Economy Ministry state secretary Rodin Traicu said Wednesday.

Ecaterina Craciun · 17.10.2012 · 12:13 · 1 min
OMV Petrom: Gas Extraction In Romanian Black Sea Block Might Start In 2018
Energy

OMV Petrom: Gas Extraction In Romanian Black Sea Block Might Start In 2018

Gas extraction in the Romanian sector of the Black Sea is likely to start towards the end of the decade and the gas deposit might eliminate the country’s dependence on gas imports, Mariana G...

Ioana Tudor · 07.10.2012 · 11:46 · 1 min
How Much Romania Will Make From The EUR17B Gas Reserves Found In The Black Sea
Energy

How Much Romania Will Make From The EUR17B Gas Reserves Found In The Black Sea

New wells are being dug by the world’s major oil players, but the first signal came from Romanian field Neptun, where Petrom and US ExxonMobil have already found a gas accumulation worth EUR...

Roxana Petrescu · 04.10.2012 · 08:54 · 2 min
Romanians Spent EUR13B On Loan Instalments, Gas, Alcoholic Drinks, Phone Bill And Cigarettes In 2011
Companies

Romanians Spent EUR13B On Loan Instalments, Gas, Alcoholic Drinks, Phone Bill And Cigarettes In 2011

Romanians spent about EUR13 billion on loan installments, fuel, alcohol, cell phone bill and cigarettes, about half or 46% of the total net wages and pensions collected in 2011. The rest of...

Tudor Ioana Raluca · 10.09.2012 · 00:00 · 2 min
Romania Pays More For Diesel Than Luxembourg Despite Eight Times Lower Wages
Automotive

Romania Pays More For Diesel Than Luxembourg Despite Eight Times Lower Wages

One liter of diesel oil in Romania was more expensive at the end of last month than in Luxembourg, despite the fact that a Luxembourger makes almost EUR2,300 per month, while an average Roma...

Radu Bostan · 04.09.2012 · 00:00 · 2 min
Romanian Gas, Electricity Companies To Pay New Tax On Revenue As Of 2013
Energy

Romanian Gas, Electricity Companies To Pay New Tax On Revenue As Of 2013

Romania’s planned tax on extraordinary revenues in the natural gas and electricity market will be implemented as of January 2013, according to the country’s latest memorandum of economic and...

Florentina Dragu · 23.08.2012 · 13:06 · 1 min
Heating Prices In Bucharest To Remain Unchanged After Gas Price Hike
Energy

Heating Prices In Bucharest To Remain Unchanged After Gas Price Hike

Heating bills in Romania’s capital Bucharest will remain unchanged despite a planned 10% increase in natural gas prices as of September, an official with the Economy Ministry said Thursday.

Oana Gavrila · 16.08.2012 · 11:27 · 1 min