Gas price for heating up by more than 11%
The government approved on Wednesday a new timetable for the liberalization of the purchase price of natural gas from domestic…
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Artur Stratan: A principle delivered to the Government is tax on profits, not on investment
This is the transcript of the message delivered by Artur Stratan, Chairman of the Association of Oil Exploration and Production…
Oil to rise again as Brazil, Iraq cut output
Massive downward revisions to oil output in Brazil and Iraq have increased the risks for oil markets of going from…
CEZ acuses the green certificates cut for the Romanian losses
CEZ Romania Group recorded losses in 2014 amounting to 871.685 million lei, compared to a net profit of 220 million…
RADET management plan, approved in ad-hoc meeting
Management Plan of the Board of RADET was approved by the General Council of Bucharest Municipality (General Council), Tuesday, in…
GE to sell its global fleet assets to Element and Arval
General Electric on Monday said it agreed to sell its fleet management arm in the United States, Mexico, Australia and…
SOCAR will raise investments in Romania to 100 million euros
State Oil Company of Azerbaijan, SOCAR, has so far invested 50 million euros in Romania and will allocate a similar…
John Knapp: Without regulatory stability, Black Sea investments aren’t going to happen
This is the transcript of the message delivered by John Knapp, Managing Director at ExxonMobil in Romania and Chairman of…
Gheorghe Duțu: We work with major oil and gas operators to improve the legislative framework
This is the transcript of the message delivered by Gheorghe Duţu, President of the National Agency for Mineral Resources (NAMR),…
Bavaria opposes local nuclear waste storage plan
The German government has settled with the country’s four nuclear companies on four interim storage facilities for radioactive waste that…
Romania asked an extension to the mine closing schedule
The most important thing that was requested to European Commission’s (EC) delegation was to get support for extending the deadline…
Lukoil looks for oil in two new offshore drillings at the Black Sea
Lukoil plans to drill by the end of year two oil wells in Romanian waters of the Black Sea, said…
Shedding off the special tax and the extra-excise would create a 710 million euro deficit
The reason behind European Commission (EC) and International Monetary Fund (IMF) opposition to the new changes in the Fiscal Code…
Energy market liberalization – opportunity to build new types of businesses (Energy Breakfast Club, 24th June)
From the integrated analysis of the evolution of competitive electricity market in Romania, and of centralized trading platforms introduced, we…
ABIEC: GC payment exemption creates distortions, but protects employment
The support scheme that institutes an exemption from the payment of green certificates (GCs) in various percentages is implementing the…