Gazprom delays Turkish Stream works
Gazprom has told pipeline makers to suspend deliveries of pipes for expanding Russia’s network to be connected to the proposed…
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Nuclearelectrica estimates a drop in net profit of more than 70% in 2015
Nuclearelectrica (SNN) expects to achieve 2015 a net profit of 38.3 million lei, down by 71.2% compared to the previous…
Mihail Mitroi: Gas storage should be the emergency plan of this energy strategy
This is the transcript of the message delivered by Mihail Mitroi, Vicepresident at Prospecțiuni S.A., during the Energy Strategy Summit,…
KMG invests another 18 million dollars into Rompetrol chain
KMG International will invest through Rompetrol Downstream about 18 million dollars by the end of 2015 into expanding its retail…
Elements of an optimal fiscal regime for Romania’s offshore sector
Policy Paper, June 2015 Context The Energy Policy Group (EPG) organized on 21 May 2015, with the support of the Romanian…
BP settles 2010 U.S. oil spill claims for 18.7 billion dollars
BP Plc has reached a comprehensive 18.7 billion dollars settlement with the U.S. government and five states, a landmark deal…
GE met EU regulators over Alstom deal
General Electric (GE) met EU antitrust regulators, hoping they will take a softer line on its 12.4 billion euro ($13.7…
Melania Mirea: Pension funds finance the economy and stimulate saving
This is the transcript of the message delivered by Melania Mirea, Executive Director and Member of Directorate at BCR Pensii,…
UIL, Iberdrola plan to address U.S. regulator concerns over deal
Power group UIL Holdings said on Wednesday it would quickly address regulators’ concerns after its $3 billion takeover by Spain’s…
Gas price for heating up by more than 11%
The government approved on Wednesday a new timetable for the liberalization of the purchase price of natural gas from domestic…
Artur Stratan: A principle delivered to the Government is tax on profits, not on investment
This is the transcript of the message delivered by Artur Stratan, Chairman of the Association of Oil Exploration and Production…
Oil to rise again as Brazil, Iraq cut output
Massive downward revisions to oil output in Brazil and Iraq have increased the risks for oil markets of going from…
CEZ acuses the green certificates cut for the Romanian losses
CEZ Romania Group recorded losses in 2014 amounting to 871.685 million lei, compared to a net profit of 220 million…
RADET management plan, approved in ad-hoc meeting
Management Plan of the Board of RADET was approved by the General Council of Bucharest Municipality (General Council), Tuesday, in…