Mol interested in Oltchim via its petrochemical division Petchem
Petchem, the petrochemical division of MOL, is the last competitor entered the race for the acquisition of viable assets of…
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General Interest
Shell pulls back from North Sea, as part of USD 15 bln. divestment drive
Royal Dutch Shell will sell some of its North Sea oilfields as part of a USD 15 bn divestment programme…
SOCAR to increase share capital of Romanian division by 35 million euro
State Azerbaijani company SOCAR bought from Julian and Doina Berescu the remaining 10% stake in SOCAR Petroleum, former Romtranspetrol, 90%…
GSP, Romcab and Adrem Invest join the Exporters Association AREX, launched by EximBank
###author### Romanian import-export bank EximBank set up of the Romanian Association of Exporters (AREX), a project that aims to help…
A new energy complex: CET Govora takes over two lignite mines from CE Oltenia
Authorities prepare the creation of a new integrated energy company called Vâlcea Energy Complex (CEV) through the takeover of Berbești…
British Gov`t promises city halls that approve share exploitation to keep all taxes
David Cameron has sought to quell unrest in Conservative heartlands about the impact of fracking by promising a business rates…
Rompetrol to invest 350 million USD, out of a 1 bln. USD fund, after takeover from state
Rompetrol has taken “all needed measures” to invest USD 350 million in Romania, in the Petromidia central and into extending…
EU to change the 2030 renewable strategy and compulsory targets
European commissioners are considering scrapping a binding target for renewable energy from 2030, a move that would please big utility…
SOCAR denies its interest to acquire Oltchim
Azerbaijani oil company SOCAR will continue to invest in Romania, but these investments do not include the purchase of Oltchim,…
CES 2014: Ford C – Max Energi Solar, Audi and Toyota- futurist vehicles of present days
###author### The new Concept C – Max Energi Solar launched by Ford uses solar panels on the roof and a…
Proposal: All natural gas transactions must be closed on local exchanges
The recent statements of the Minister for Energy, Constantin Niță, in terms of the obligativity to list the gases on…
