Authorities start searching the consultant to create the National Energy Strategy
A document published by the Department of Energy show that authorities sent Tuesday to the European Commission a notice regarding…
Ucraina clinches 10 billion USD deal with Chevron for its shale gas
Ukraine signed a 10 billion USD shale gas production-sharing agreement with U.S. Chevron, another step in a drive for more…
IMF delays privatization of CFR Marfă, gives up Oltchim, keeps Hidroelectrica and CE Oltenia
After IMF negotiations, just the privatization plan of Hidroelectrica remained unchanged. The Government says that Hidroelectrica will be 15% sold,…
The Government introduces a tax of 0,07 euros in the price of fuel
The government agreed with the IMF to implement a new excise of 7 cents per liter applied to fuel price,…
Romgaz, valued at 2,55 billion euro after the most important Romanian IPO
The 15% of ROMGAZ were sold for 1.7 billion lei (382.8 million euros) in the IPO of the largest Romanian…
Tough competition for Black Sea natural gas elusive reserves
Southeast Europe is hoping increased natural gas exploration in the Black Sea will help cut its dependency on Russian supplies,…
NIS Petrol wants to build 25 Gazprom gas stations in Bucharest by 2015
NIS Petrol Romania plans to build about 20-25 fuel filling stations in Bucharest and near the city by 2015. “We…
Local millionaire Niculae decides natural gas market leader, leaves Romgaz for Petrom
Romgaz lost position of Romania`s biggest natural gas producer, after cutting the supply to the fertilizers producer InterAgro, owned by…