High voltage transmission line to Serbia requires more than 35 million euros
High voltage power line project Resita-Pancevo, linking Romania to Serbia, will require an investment of USD 157.5 million and will…
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investment
Merrill Lynch, interested in local energy projects
The meeting on Thursday of the Minister for Energy, Răzvan Nicolescu, with Merrill Lynch officials comes amid a huge funding…
Cogeneration keeps the 2% share in renewable energy, hampered by the blockage of GC system
###author### Romania has a huge, but unused potential not only when it comes to economic growth. In the area of…
The house grid threatens major power companies’ revenues
The traditional model of energy distribution via large, centralized grids is changing as smaller private networks powered primarily by renewables…
A fund after Polish model could attract between 3 to 15 billion euros for Romania
###author### An investment fund established after the Polish model in Romania from privatization revenues could rise to 3 billion euros,…
Romgaz will invest over 300 million euro in 2014
Romgaz provided in the budget for this year a gross profit of 1.5 billion lei. The company expects total revenues…
Shale boom confounds forecasts as U.S. set to pass Russia, Saudi Arabia
Four years into the shale revolution, the U.S. is on track to pass Russia and Saudi Arabia as the world’s…
Rompetrol Rafinare, record output at Petromidia
Petromidia refinery, part of Rompetrol Rafinare, processed a record quantity of more than 465,000 tons of raw materials in May,…
Borislavschi: The money from the privatization of Electrica invested in grids and automation
###author### Most of the money obtained from the privatization of Electrica will be invested, says Alexandra Borislavschi, Managing Director, Corporate…
Romania consumed last year 76% more renewable energy
Romania’s renewable energy consumption was 1.1 million tons of oil equivalent (toe) in 2013, 75.5% higher than the one from…
Lukoil to Build $30 Billion Cash Pot After Debt Freeze
At Russia’s largest private-sector oil company, the Ukraine crisis is forcing a change of strategy. Lukoil will cut spending to…
Europe Faces Green Power Curbs to Stop Grids Overloading
Europe’s drive toward a power system based on renewable energy has gone so far that output will probably need to…
