Recent Posts
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Electroprecizia Sacele (RASDAQ: ELZY) to start building a hydropower plant worth EUR 3mln
Electroprecizia Sacele will invest EUR 3mln to build a hydropower plant at the water catchment and treatment station in the...
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Romania’s price of imported gas fell 15% in February y/y
Average price at which we will import Russian gas in February and March will be USD 420/TCM, according to estimates of the...
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Ukraine wants to buy more gas from Europe, including from Romania
Ukraine has planned to acquire a higher gas volume from Europe and will start imports from Slovakia and Hungary in Q1 this...
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Romania’s Romgaz to seek gas in Poland with San Leon Energy
Aurelian Oil&Gas, the British company with which Romgaz has under concession a gas field in Poland, has been bought by...
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Ukraine wants Romania to help it get rid of its Russian grip
Ukraine’s Ambassador to Bucharest, Teofil Bauer, explained that Ukraine was very interested in the Romanian model of alternative...
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Rompetrol negotiates with the Romanian state share buyback
Rompetrol plans to repurchase this year the shares owned by the Romanian state in Petromidia refinery. Kazakhstan’s KazMunaiGaz...
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Constantin Nita discussed with the officials of the U.S. Embassy about Romania’s priorities in the energy sector
Minister Delegate for Energy Constantin Nita received on February 7th a delegation from the U.S. Embassy, on which occasion...
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Romania Seeks Early Start to Revised Royalty Agreement
A possible solution to balance Romania’s state budget for 2013 would be to increase, before 2014, royalties from oil...
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Electrica asks EUR 250mln from CEZ, Enel and E.ON for failure to comply with the privatization terms
The Romanian state, through Electrica, seeks justice in Paris in matters concerning the breach of clauses from the privatization...
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Electricity consumption increased by 0.2% last year in Romania, while resources went down 2.7%
Romania’s primary energy resources fell by 2.2% in 2012 and electricity resources by 2.7%, while final electricity consumption...
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