Transelectrica proposes a dividend 5.5 times bigger for 2013
The management of Transelectrica (TEL) proposes to its shareholders the distribution of a gross dividend of 2.228 lei for 2013,…
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General Interest
Lithuania pleads for US gas exports to counter Russia`s supremacy
Lithuania’s energy minister has called on the US Senate to speed up the export of natural gas to Europe. Jaroslav…
EBRD will assist the development of the national energy strategy
The European Bank for Reconstruction and Development (EBRD) will provide technical assistance to the Department of Energy for developing the…
Euler Hermes: Ukraine crisis and green energy subsidies fall may increase outstanding debt
###author### The severe decrease of the number of green certificates for renewable energy companies is expected to produce long-term effects…
Effect of green quota fall to 11.1%: Market flooded with cheap certificates, energy price grows
###author### Even if the green certificates price (CV) drops, in the context of green energy quota drop to 11.1% due…
Van Rompuy: EU will develop an action plan by June for reducing energy dependence
European Union (EU) will develop by June 1 an action plan to reduce energy dependence, especially to Russia, said the…
Hidroelectrica restructured before privatization, 80% of management changed
###author### Hidroelectrica`s insolvency manager wants to change 80% of management in the next two months , the first move being…
Transgaz proposes dividends worth 207 million lei, 17% below last year`s level
Transgaz Mediaş (TGN) proposes its shareholders dividends amounting to almost 207 million lei (46.2 million euro), 17% below those paid…
Wind Association denounced N. Constantinescu, who refused licensing several parks
Marian Turbatu is the man who set in motion the National Anti-Corruption Direction (DNA) prosecutors in the corruption case against…
Electricom builds a 10 MW photovoltaic park in Tulcea
Company Electricom Bucharest equipment provider for companies in the energy sector has received from the Regulatory Authority for Energy (ANRE…
Transporters: New excise to surge spending in election year, moves consumption over border
Government decided to introduce additional fuel duty without an impact assessment , in order to make higher expenses in 2014,…
Government approved Turnu Magurele- Nikopol hydropower project of 400 MW
The government approved on Thursday the formation of a joint project company for the development of the Romanian-Bulgarian Danube hydropower…
NQE Holdings invests 7 mln. euro in PV parks, moves from Rasdaq to BSE
###author### Natura Quattour Energia Holdings (NQE), formerly qnowns as Scapis, decided to move its listing from Rasdaq to Bucharest Stock…
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,…
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…
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…
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…
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…
