OMV Petrom ends earlier the contract to increase production with Petrofac
OMV Petrom closed earlier the contract with Petrofac in order to increase production from Țicleni area, Gorj county, according to…
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Although made a loss in 2015, ENGIE targets investment of 22 billion euros over the next two years
ENGIE, the french energy group, recorded a net loss of 4.6 billion euro in 2015, after the 2014 net profit…
Nuclearelectrica vs CNU: when a state-own company makes no favors to another state-own company
Nuclearelectrica has preferred to import uranium from Canada and left the National Uranium Company (CNU) without sources of income in…
Romgaz plans a net gain of 1.32 billion RON an investments of 1,12 billion RON in 2016
Romgaz anticipates for this year a net income of 1.32 billion RON, almost 12% higher than that achieved last year.…
60 miners from Lonea gave up the protest, 40 are still underground
Some of the miners barricaded in the underground of Lonea and Vulcan mine agreed to resurface, but their protest will…
Gelu Mărăcineanu is the new General Manager at National Uranium Company
The administrators of National Uranium Company (CNU) have replaced CEO Adrian Posa with Gelu Mărăcineanu, said the union leader at…
Petrotel-LUKOIL anticipates increased production in 2016 to 2.6 million tonnes
Petrotel-LUKOIL is preparing for a production growth this year to 2.6 million tones, close to the annual maximum capacity of…
Remus Borza: The ban on exports of producers deprive Romania from tens of millions of euros annually
Public power producers lose tens of millions of euros every year because of export limitations on electricity for them, Remus…
Shell begins oil exploration in the Bulgarian side of Black Sea
Bulgaria has signed a five-year agreement with the oil group Royal Dutch Shell for exploration of oil and gas in…
Monsson Group: 40% of renewable energy producers are close to bankruptcy
This year is decisive for the survival of the renewable energy units, whereas over 40% of the producers on these…
Energy Minister: CEO would have worked better with restructuring in advance
The problems that Complexul Energetic Oltenia (CEO) currently has are caused by the fact that the merger of the three…
8 actions to stimulate competition in the fuel market (Competition Council)
“Fuel market is highly concentrated in Romania”, says the Competition Council and proposes eight measures and actions to boost competition…
Government wants to update Petroleum and Mining Laws; NAMR’s input asked up to March 15
All the projects for oil and gas exploration are delayed, warns Sorin Gal, General Manager of the National Agency for…
New tools to increase Lockout/Tagout efficiency from Brady
Lockout/Tagout is being implemented in an increasing number of industries. That is no surprise since the procedure, if applied correctly,…
48,000 apartments disconnected last year from district heating
About 48.0000 apartments in Romania were disconnected last year from the centralized heating systems, and art the present own an…
