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Tag Archives: Energy Ministry

Energy Ministry OKs offshore gas production from XV Midia block in the Black Sea. Will BSOG start works?

The Energy Ministry has issued the authorization document for the offshore works required to start the gas production from XV Midia block, operated by Black Sea Oil & Gas (BSOG), according to a communiqué issued by the ministry on Friday. ...

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Miners at Crucea uranium mine start general strike, wages not paid for two months

The miners working at Crucea uranium exploitation mine, Suceava County, have started general strike, whereas the office employees are on Japanese strike. Their main discontent is the failure to pay wages, and say they would travel to Bucharest to protest ...

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KazMunayGas, Romanian state set up Kazakh-Romanian Energy Investment Fund. What projects are in the pipeline?

KazMunayGas International (KMGI) and the Energy Ministry have signed the partnership contract that sets up the Kazakh-Romanian Energy Investment Fund on Friday, KMGI informed. The fund has been established according to the Understanding memorandum between Romania and KMGI (former Rompetrol ...

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ALDE’s Tariceanu says party not needing reshuffling. Five mandates targeted at European election

ALDE Chairman, Calin Popescu Tariceanu, says he has discussed with PSD leader, Liviu Dragnea, about the Government reshuffling, and that his party will not replace ministers. “We have discussed. ALDE will not reshuffle anyone,” Tariceanu said on Friday while in ...

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Energy Ministry issues decision to start works on BRHA pipeline

The Ministry of Energy has issued the decision to start the works on the BRHA pipeline, a release from the ministry on Wednesday reads. The ministry informs that, as competent authority for energy infrastructure, has issued on March 21 the ...

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Romgaz, net profit up by 82.4pc last year

The National Natural Gas Corporation Romgaz Medias reported a net profit up by 82.4% last year, 2017 being the best year recorded by Romgaz from the company’s IPO at the Bucharest Stock Exchange (BVB) and London Stock Exchange (LSE), reads ...

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Over RON 1 bn from the privatization of Rompetrol Rafinare, Electrocentrale Bucuresti

Energy Ministry expects to get RON 1.073 billion this year from the implementation of privatization strategies at Rompetrol Rafinare and Electrocentrale Bucuresti, according the substantiation note of the revenue and expenditure budget of the privatization activity run by the ministry. ...

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Update: -6C in Miercurea Ciuc Friday morning. Cold winter ahead, bills expected to hit record highs

The temperature dropped to minus 6 degrees Celsius in Miercurea Ciuc (central Romania) Friday morning, the lowest temperature this autumn in inhabited areas. Meteorologists say negative temperatures are expected also in the following nights in Transylvania, antena3.ro informs. Low temperatures ...

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Update: Economy Ministry asks Transgaz, Transelectrica and Hidroelectrica to pay dividends. WB explains involvement in Ploiești-Brașov motorway project

The Economy Ministry has asked Transgaz to convene an ordinary shareholders general meeting in order to approve the payment of dividends worth RON 171 million from the current amounts, a document sent to the Bucharest Stock exchange (BVB) informs. Transelectrica ...

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