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NIS invests 15-20 mln. euro into stations, conventional exploration may reach 160 mln.euro
###author### NIS, a Gazprom Neft subsidiary, will invest 15-20 million this year into the local network of filling stations, while…
R. Nicolescu (Department for Energy): From Production towards Energy Efficiency
Romania must change the paradigm based on electricity production with one focused on energy efficiency and reduced consumption, said Răzvan…
Laurențiu Ciurel, CE Oltenia: In January our power production hit the highest level in the last 16 months
Laurențiu Ciurel, the General Manager of Oltenia Energy Complex (CE Oltenia), said in an interview for Agerpres that January and…
Ukraine doubled its Russian gas imports
Ukraine increased its natural gas imports from Russia in recent days, said a spokesman for the state- owned Ukrtransgas in…
Ukraine demands int`l help for nuclear plants while Gazprom warns on changing gas price
###author### Ukraine’s parliament called for international monitors to help protect its nuclear power plants as tension mounted with Russia, Reuters…
CIR demands the natural gas ”basket” removal for the eligible consumers
###author### More than 96% of the gas import quota is ensured by industrial consumers, a fact that led to a…
Corneliu Cernev, Oltchim union leader: The Government wants a takeover of Arpechim refinery this March
Oltchim’s Victoria union leader, Corneliu Cernev, told Agerpres that the government wants to take over Arpechim Pitești refinery by a…
Nuclearelectrica reported a profit of 417.37 mln. lei for 2013, under the estimated earnings
###author### Nuclearelectrica (SNN ), the sole operator of nuclear power plants in Romania, reported last year a preliminary profit of…
The Government gives freely over 30.000 tonnes of gasoline to CFR Călători from the state fuel reserve
The Government has decided by Executive Emergency Ordinance to grant CFR Călători from the state reserve, free of charge, 32,487…
Prospecţiuni revenues increased by 20.5% last year to 415.4 million lei
###author### Geophysical and geological services company Prospecţiuni Bucharest, controlled by the businessman Ovidiu Tender , reported revenue last year of…
The creditors approved the plan to reorganize the Independent Operator of Nuclear Activities
The creditors of the Independent Operator of Nuclear Activities (RAAN has approved the plans for the reorganization of this strategic…
The court battles that put Hidroelectrica back into insolvency
Hidroelectrica is back in insolvency after the Appeal Court upheld the appeal by Alpiq RomEnergie, Alpiq RomIndustries, Energy Holding AG…
GdF Suez took a 15 billion euro write-down last year
GdF Suez recorded write-downs worth 14.9 billion euros (20.4 billion dollars) last year,writes the Wall Street Journal. The publication notes…
Increased revenues for CEZ Romania, but its earnings fell by 20%
CEZ Romania revenues rose last year by 6% to 427.3 million euros, while its operating profit decreased by 20%, Mediafax…
Four US states, possible sites for Tesla’s battery factory
Tesla Motors seeks a suitable location for the largest lithium-ion battery factory in the world, which it wants to build,…
Romgaz sales rose 1.5% last year to 881 mln. lei, profit fell 17% to 211 mln.euro in 2013
Natural gas producer Romgaz (SNG ) turnover increased by 1.5 % last year to 3.89 billion lei (881.2 million euro…
The state wants to open the power & gas exchange for private stockholders by the end of the year
Trading platform for power and gas OPCOM will be privatized by the end of the year through sales of its…
Greece inks a 10 year deal with Gazprom; a retroactive price drop by 15%
Natural gas distribution Company in Greece (DEPA) has signed a 10-year contract for the supply of gas with Gazprom, a…