The Grand Challenge of the Energy Transition
Energy is the key factor that drives the economy. Without abundant energy coming from sources other than human and animal…
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Rompetrol to invest 350 million USD, out of a 1 bln. USD fund, after takeover from state
Rompetrol has taken “all needed measures” to invest USD 350 million in Romania, in the Petromidia central and into extending…
The Department of Energy wants to divide energy distributor Electrica SA before its privatization
Romania’s Government is trying to make the power distribution company, Electrica SA more attractive. According to a Draft Government Bill…
EU refineries must invest billions of euro to change production mix
There is widespread agreement on the problem facing Europe’s troubled oil refining sector but no consensus about how to solve…
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…
Petrolexportimport develops its stock units to increase LPG trade
Oil trading company Petrolexportimport will build a new warehouse to stock LPG and will expand also its warehose from Popești-Leordeni…
Alro injected 100 million USD into energy efficiency, over the past nine years
Romanian aluminium producer Alro, one of the largest aluminium producers in Central and Eastern Europe, announced it invested about 100…
OMV Petrom eyes 1 billion euro investment next year, shale gas
Romania’s top oil and gas company Petrom plans to earmark about 1 billion euros for investment next year and could…
China will soon have 40% more coal than the combined weight of the human population
China’s coal reserves now contain 200 milion tons, and according to the China National Coal Association (CNCA), by the end…
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