OMV Petrom increases the investments in 2018 by 58%, to 5.5 billion lei
The Ordinary General Meeting of Shareholders approved OMV Petrom S.A.’s 2018 investment budget of 5.55 billion lei, up 58% from…
The Ordinary General Meeting of Shareholders approved OMV Petrom S.A.’s 2018 investment budget of 5.55 billion lei, up 58% from…
The energy producer Hidroelectrica proposes to shareholders for the May 4th General Assembly a “realistic and prudent” budget, with a…
China, the world’s largest emitter of greenhouse gases, is determined to rebalance its energy mix, and incorporate more clean energy.…
Foreign investors consider that the bureaucracy makes Romania uncompetitive compared to other areas in Europe where they are doing business…
Since the dissolution of the Eastern Bloc, energy production in Southeast Europe (SEE) has been stymied by chronic underinvestment. As…
Romgaz estimates for this year an operating profit of 4.57 billion lei, down 8.1% from the preliminary value of the…
Just as Prime Minister Theresa May was spelling out the U.K.’s response Wednesday to the poisoning of a former spy…
OPEC Secretary General Mohammad Barkindo said one of the most important issues the energy industry currently faces is a lack…
Shell projects that the global liquefied natural gas (LNG) markets may need up to $200 billion in investments by the…
Transgaz Branch in the Republic of Moldova, Eurotransgaz SRL, won the tender for the privatization of the Vestmoldtransgaz State Enterprise,…
Over the past 12 years, the company has invested over 13 billion euros, said Mariana Gheorghe, CEO of OMV Petrom,…
The General Council of the Capital adopted the Bucharest City Budget Draft for 2018, which provides for expenditures of 6.2…
In the conference call to discuss the 2017 preliminary financial results, Romgaz officials estimated to 24-30 million lei the additional…
Hidroelectrica estimates that it has achieved a gross profit of more than one billion and a half lei last year,…
The European Investment Bank Group, comprising the European Investment Bank (EIB) and its subsidiary, the European Investment Fund (EIF), provided…
Following the action plan on sustainable finance to be published early next month, the European Commission will present legislation in…
Electrica Group made investments in distribution infrastructure in the total amount of 727 million lei in 2017 and plans record…
Petrotel LUKOIL announces new investments in their refinery in Ploiesti, over 30 million dollars by 2020, for improving environmental footprint.…