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…
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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…
R. Nicolescu: Lack of competence in managing the state companies will not be accepted anymore
Romanian minister for Energy Razvan Nicolescu presented a review of its mandate objectives to representatives of the energy industry in…
Dumitraşcu: We need investments of 30 billion euro, Electrica will bring in 300 million
###author### Electrica’s privatization will bring the state more than 300 million euro, while investment needs of Romania are of 30…
Petroceltic finds no commercial quantities of hydrocarbons in Muridava-1 well
Petroceltic International announced disappointing outcome from some of its exploration wells in the Kurdistan Region of Iraq, Romania and Egypt.…
Aureliu Leca: Urban heating remains the main energy sector to be modernized
Emeritus Professor Ph. D. Eng. Aureliu Leca, the Polytechnic University of Bucharest The serious situation that the urban energetics is…
Alro Slatina continues investments in energy efficiency
###author### Alro developed a new technology, which could decrease the energy consumption by approx. 100 kWh/tonne of aluminium, which will…
Energy Investors Summit – Bucharest, June 3rd 2014
[one_half]Energy issues have been dominating Governments’ agenda for decades. The security of energy supplies and the competitiveness of the energy…
S&P offers investment grade to Romania, external lending gets easier
Standard & Poor’s upgraded Romania to investment grade for the first time since 2008 as the economy grows and the…
Rompetrol Rafinare – 48% turnover growth, due to the sales increase
###author### During the first quarter of the year, the consolidated turnover of Rompetrol Rafinare, a member company of KMG International,…
