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Tag Archives: Razvan Nicolescu

OMV Petrom officials to be questioned on manipulating the energy market

OMV Petrom representatives will be called to hearings within the commission for investigating the activity of the National Authority for Energy Regulation (ANRE) to provide information about the manipulation of the energy market and artificially raising prices, President of the ...

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Enel pays EUR 401m to the Romanian state

Enel officials announced the completion of the transaction by which the Romanian state has received EUR 401 million. The amount represents the takeover of 13.5% of the former Electrica Muntenia Sud. Enel had to pay the Romanian state the amount ...

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US investor Quintana Minerals Corporation eyes Energy Complex of Hunedoara

US company Quintana Minerals Corporation is interested in the privatization of coal and electricity producer Hunedoara Energy Complex (CEH), demanding Romanian Department of Energy more information in this respect about the public company. “I think it’s important that CEH become ...

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Minister Nicolescu claims the revision of taxation for hydrocarbons is in state’s interest

Delegate Minister for Energy Razvan Nicolescu (photo) addressed the Finance Minister Ioana Petrescu a letter, claiming the revision of the taxation system for hydrocarbons is needed, starting January 1, 2015, so that “the Romanian state should collect more money than from ...

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Gas price for householders to remain unchanged until next year’s July 1st

The price of natural gas produced in Romania and consumed by the population will not increase by July 1st, 2015. The Government and Regulatory Authority for Energy (ANRE) will develop a new gas market deregulation graphic, for July 1st, 2015- ...

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Domestic energy companies negotiate to take over assets abroad

Romania’s Energy Strategy, in public debate after presidential elections. The change of legislation three months ago gives free reign to domestic companies to look to the foreign markets. Thus, according to the delegate minister of energy, Razvan Nicolescu, two Romanian ...

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The Economist’s EU-SEE Summit, Day 2: A vision for Romania’s future development

Romania aims to achieve 5-6 pc annual economic growth in medium term In this period, the economies of southern Europe can increase, although prospects for economic development worldwide and in Europe have been revised downwards. Romania can achieve an annual ...

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Romania, ready to deliver coal to Serbia worth EUR 100 M

Oltenia Energy Complex (CEO), the largest coal-based energy producer in Romania, will deliver up to two million tonnes of coal to Serbian power plants and will participate in an international tender to be held this week. “They (Serbs – ed. ...

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