New Directors for Hidroelectrica, Elcen and Conpet
Hidroelectrica’s administrator appointed a new Chief Financial Oficer (CFO), Gabriela Mihăilescu, a former Deputy Executive Director of OTP Bank, replacing…
Oltchim privatization failed again
No investor of the four who have purchased the tender presentation for Oltchim has submitted a tender to purchase the…
Romgaz offers a dividend of 990 million, 7% under last year`s figure
Romgaz (SNG) proposed distribution of dividends to shareholders worth a total of 990.6 million lei (221.9 million euro), 7.15% under…
Ukraine won a USD 27 billion international financial lifeline
Ukraine won a USD 27 billion international financial lifeline on Thursday, rushed through in the wake of Russia’s annexation of…
Gazprom: Ukraine crisis has not affected the transit of Russian gas to Europe
Gazprom operations in Belarus and Ukraine were not affected by the political crisis in Ukraine, said Gazprom`s CFO, Andrei Kruglov,…
Natural gas consumption ”basket” may be removed this fall
Companies complain that they do not have predictability on gas bills, as the market regulator (ANRE ) sets monthly a…
Lithuania pleads for US gas exports to counter Russia`s supremacy
Lithuania’s energy minister has called on the US Senate to speed up the export of natural gas to Europe. Jaroslav…
Liberal senator: Additional fuel excise returns the farmers’ subsidy at the 2010 level
Starting April 1, the cost of farming is likely to bankrupt many farmers, after the additional 7 eurocents excise per…
EBRD will assist the development of the national energy strategy
The European Bank for Reconstruction and Development (EBRD) will provide technical assistance to the Department of Energy for developing the…
Euler Hermes: Ukraine crisis and green energy subsidies fall may increase outstanding debt
###author### The severe decrease of the number of green certificates for renewable energy companies is expected to produce long-term effects…
Spring Cocktail with over one hundred managers from the Romanian energy industry
Over one hundred managers and decision makers from the Romanian energy industry have confirmed their participation at the Spring Cocktail…
The tax on additional profit obtained from the gas market liberalization: inaccurate statements and hidden general taxation
###author### Authorities in Romania seem to not know exactly neither the purpose nor the extent to which the money from…
Van Rompuy: EU will develop an action plan by June for reducing energy dependence
European Union (EU) will develop by June 1 an action plan to reduce energy dependence, especially to Russia, said the…
Transgaz proposes dividends worth 207 million lei, 17% below last year`s level
Transgaz Mediaş (TGN) proposes its shareholders dividends amounting to almost 207 million lei (46.2 million euro), 17% below those paid…