American Superconductor opens a wind turbine components factory in Timișoara
American Superconductor Company, a manufacturer of components for wind turbines and superconductors, will open an electrical control systems factory in…
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Shell pulls out of Ukraine deal
Anglo-Dutch conglomerate Royal Dutch Shell, the largest oil and gas company in Europe, announced that it has withdrawn from negotiations…
Privatization Calendar: Hidroelectrica – uncertain term, Electrica in June and Oltenia in autumn
###author### Hidroelectrica is struggling to get rid of insolvency procedures, and in the meantime it will follow a restructuring program,…
EPC contract worth of almost 67 million euros for Măgurele laser, the largest in the world
A consortium led by the “Istituto Nazionale di Fisica Nuclear” (INFN) from Italy won a contract for 66.8 million euros…
Delegate Minister for Energy, named Chairman of the Board for ACER
Delegate Minister for Energy, Răzvan Nicolescu, was named president of the Council of Administration (CA) of the European Agency for…
Two power trading companies lost their appeal against Hidroelectrica
Bucharest Appeal Court dismissed irrevocably the appeals of EFT AG and EFT Romania which they had made against Hidroelectrica measure…
USA would sanction Russia with more succes by liberalization of its oil exports
###author### After Russia attempted to the territorial integrity of Ukraine by sending some armed insurgency forces in Crimea, appeals from…
FP: Tarnita and the submarine cable insufficiently founded, Romgaz delays participation
###author### Franklin Templeton, the manager of Fondul Proprietatea (FP) considers that Tarnita and the Romania – Turkey submarine power cable…
Government accepted big industry demand to cut green certificates, but not at 85%
###author### Government officials have expressed willingness to help even more the Romanian big industry to the disadvantage of renewables investors…
Hidroelectrica will try to sell 22 small hydropower units
Hydrelectrica plans to put up for sale a total of 22 small hydropower units and 3,200 square meters of land…
Microelectronics has invested 15 million euros for research and manufacturing LED
Microelectronica firm from Bucharest invested 15 million euros in a research and production unit for LEDs, with the intention of…
Romanian district heating – seeking for investors or losing consumers?
George Constantin The 2013-2014 winter season ended and another half apparently quiet for the national thermal energy sector followed. The…
Russians take over for 5 billion euro RWE`s oil and gas division
L1 Energy, the investment vehicle of Russia’s fourth-richest man Mikhail Fridman, agreed to buy RWE AG (RWE)’s Dea oil and…
PDL lay down in Parliament a simple motion on energy
Chamber of Deputies debate s Monday at 16:00 the simple motion on energy initiated by PDL (Liberal-Democratic Party), which will…
Romania and Europe`s alternatives to Russian gas
###author### It will take at least three or four years to explore Romanian shale gas, professors in charge with a…
Iași-Ungheni pipeline will go online in July, says the Moldovan Government
Iași-Ungheni pipeline construction is 70% completed on Moldova’s territory and the pipeline will be operational in July, said Thursday the…
Donations worth EUR30 mln., used for three environment protection programs
Three environmental programs will be developed in Romania through a grant of 30 million euros obtained in the Financial Mechanism…
Need to accelerate hydrocarbons exploring: Chevron, Exxon, OMV held talks with presidency
President Traian Basescu yesterday’s meeting with leaders of Western oil companies – Chevron , ExxonMobil and OMV is not at…