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ENERGY
Fondul Proprietatea will initiate partial sale of the stake in OMV Petrom
Fondul Proprietatea will initiate a partial sale of its stake in OMV Petrom, through a public offering on both…
Dan Catalin Stancu, the new CEO of Electrica SA
Electrica’s Board of Directors has appointed Dan Catalin Stancu to the position of CEO, who will assume this…
RON 76.5m Romgaz-Transgaz deal for gas supply
Romgaz has concluded a transaction of RON 76.5 million with Transgaz for the supply of natural gas for…
Transelectrica has to recover arrears of over RON 67 M. Oltenia EC, RCS & RDS…
Oltenia Energy Complex (EC) is Transelectrica’s biggest debtor for energy transportation, with a backlog of RON 6.4…
Romania’s natural gas reserves to run short in 9 years, crude oil ones in 12 years
Romania’s proven gas reserves will run short in the upcoming nine years, while the crude oil provisions will run…
Kazakh owners of Rompetrol could claim damages of at least USD 2bn
The KazMunaiGas management is waiting for someone from the government to discuss with them about the situation of…
National energy consumption, up by 9.2 pc after seven months
The final consumption of electric energy during January - July period was 32181.7 million KWh, by 9.2 percent…
Transgaz, part of BRUA Agreement, acquiring grants of almost EUR 180 M
On the occasion of the High Level Group of the European Commission initiative on Central and South-Eastern Europe…
Gas market reform is on the way. 40 pc of Romania’s consumption to be traded…
As of next year, the gas producers and providers will be obliged to trade at least 40 percent of the marketed…
Automobile Dacia, OMV Petrom SA – among the 500 largest companies in Central…
The companies Automobile Dacia, OMV Petrom Marketing SRL and OMV Petrom SA are among the top Romanian companies by…