Strengthening energy security becomes a priority for G7
G7 states are committed to make a priority from strengthening energy security, mainly through diversification of supply sources. “The use…
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Economics&Markets
AOAR: IMF does not necessarily demand for an increase in natural gas price
Stopping the gas price increase seems to be in consent with the representatives of the International Monetary Fund (IMF), said…
R. Nicolescu: Lack of competence in managing the state companies will not be accepted anymore
Romanian minister for Energy Razvan Nicolescu presented a review of its mandate objectives to representatives of the energy industry in…
Join Energy Breakfast Club, on June 11th!
Top representatives from Atlas Copco, CMS Cameron McKenna and Vestas Romania participate as speakers at the Energy Breakfast Club edition…
Dumitraşcu: We need investments of 30 billion euro, Electrica will bring in 300 million
###author### Electrica’s privatization will bring the state more than 300 million euro, while investment needs of Romania are of 30…
ANRE: Special construction tax will swell bills by 1-2%
Regulated price of electricity could increase from January 2015 to 1-2%, after companies in the sector will require recognition of…
Petrom, Exxon and Transgaz signed an agreement for transporting gas from the Black Sea
OMV Petrom, Exxon and Transgaz Mediaș signed an agreement last week granting that gas production from the Black Sea will…
European Commission warns Bulgaria to suspend South Stream
Commission President José Manuel Barroso made it plain that the EU executive would impose infringements on Bulgaria regarding the Gazprom-favoured…
Exxon Mobil expands cooperation with Rosneft, in spite geopolitical of tensions
Texas-based oil giant ExxonMobil and Russia’s state-controlled oil company Rosneft shook hands Friday while the U.S. and European nations continue to discuss…
FIC: Special Construction Tax will create major distortions, it should be reviewed
Foreign Investors Council (FIC) argues that the introduction in the current form of a special construction tax, known as the…
Joe Biden: US is ready to help Romania secure energy independence
United States of America is ready to provide necessary help Romania to secure energy independence and cover resources that currently…