EU energy integration demands more effort; even more urgent for Romania
Energy integration in EU is still far away. Barriers like the lack of liquid wholesale markets in the member states,…
The decrease of the green energy costs for industry mustn’t press the consumers
###author### Government of Romania adopted on Wednesday an exemption of 40 to 85% for large industry players from the payment…
Electrica goes for between 435 and 543 million euro from privatization
###author### Government approved on Wednesday the privatization of 51% of Electrica. Although initially, according to the statements of the members…
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…
LUKERG Renew gets 57 mln euro loan from EBRD, UniCredit for wind park project in Tulcea
The European Bank for Reconstruction and Development (EBRD) said on Wednesday it is providing along with UniCredit Bank a 57…
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…
Vestas revenues in Romania exceed the 200 million euro mark
Vestas, the largest wind turbine manufacturer in Europe, last year reached a turnover of approximately 204 million euro in Romania,…
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.…
FIC: Special Construction Tax will create major distortions, it should be reviewed
Foreign Investors Council (FIC) argues that the introduction in the current form of a special construction tax, known as the…
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…
MOL buys Eni, reaches 189 filling stations in Romania
MOL Group bought 208 gas stations in three countries of Central and Eastern Europe, which extends its total retail network…
