Energy costs drives the industry into the streets to protest in Bucharest and Slatina
The trade unions in the industry are protesting on Wednesday in front of the Constitutional Court (CCR) and on Thursday…
Norway,Iceland and Liechtenstein donates to Romania 8 million euros for energy efficiency
Norway, Iceland and Liechtenstein donates to Romania 8 million euros to finance energy efficiency programs in order to reduce emissions…
Nicolescu, the Department of Energy: Romania has the capacity to deal with russian gas disruptions
Delegate Minister for Energy, Răzvan Nicolescu, said that Prime Minister Victor Ponta contact him to receive assurances that Romania will…
Ukrainian top politician: Russia will increase in April by 37% the price of gas for Ukraine
Ukraine will pay with 37% more for the natural gas imported from Russia after Gazprom will eliminate, starting with April,…
The Rompetrol Group will become KazMunayGas International
The Rompetrol Group decided to change its name to KazMunayGas International, as part of the process of integration of activities…
FP`s SPO in London by the year-end, the Fund sells shares in Petrom and Conpet
###author### Fondul Proprietatea (FP) will have its SPO (secondary public offering) on the London Stock Exchange (LSE) by the end…
Fondul Proprietatea will sell at least 4% more of OMV Petrom for a minimum of 216 mln. euro
###author### Fondul Proprietatea will possibly sell more than 4% of OMV Petrom, a similar transaction at the end of last…
Panfora Oil & Gas: no shale gas operations, no hydraulic fracturing at Curtici
###author### Panfora Oil & Gas, a MOL group company, reaffirms it will not explore, or exploit shale gas in the…
Gas producers in US will export to Europe to reduce dependence of Russia
Russia’s military intervention in Ukraine is bolstering the case for easing restrictions on exports of the U.S.’s booming natural gas…
NIS invests 15-20 mln. euro into stations, conventional exploration may reach 160 mln.euro
###author### NIS, a Gazprom Neft subsidiary, will invest 15-20 million this year into the local network of filling stations, while…
R. Nicolescu (Department for Energy): From Production towards Energy Efficiency
Romania must change the paradigm based on electricity production with one focused on energy efficiency and reduced consumption, said Răzvan…
Ukraine doubled its Russian gas imports
Ukraine increased its natural gas imports from Russia in recent days, said a spokesman for the state- owned Ukrtransgas in…
Ukraine demands int`l help for nuclear plants while Gazprom warns on changing gas price
###author### Ukraine’s parliament called for international monitors to help protect its nuclear power plants as tension mounted with Russia, Reuters…
CIR demands the natural gas ”basket” removal for the eligible consumers
###author### More than 96% of the gas import quota is ensured by industrial consumers, a fact that led to a…
Corneliu Cernev, Oltchim union leader: The Government wants a takeover of Arpechim refinery this March
Oltchim’s Victoria union leader, Corneliu Cernev, told Agerpres that the government wants to take over Arpechim Pitești refinery by a…
The Government gives freely over 30.000 tonnes of gasoline to CFR Călători from the state fuel reserve
The Government has decided by Executive Emergency Ordinance to grant CFR Călători from the state reserve, free of charge, 32,487…
Prospecţiuni revenues increased by 20.5% last year to 415.4 million lei
###author### Geophysical and geological services company Prospecţiuni Bucharest, controlled by the businessman Ovidiu Tender , reported revenue last year of…
GdF Suez took a 15 billion euro write-down last year
GdF Suez recorded write-downs worth 14.9 billion euros (20.4 billion dollars) last year,writes the Wall Street Journal. The publication notes…