General Interest
EBRD finances GIR by 5 mln. euro, confirms 20% buy in TEL bonds
###author### European Bank for Reconstruction and Development (EBRD) confirms it bought 20% of the first bond issuance of Transelectrica (TEL),…
Rompetrol Rafinare results, influenced by international quotes
###author### Rompetrol Rafinare, a member of the Rompetrol Group, recorded 6% increase of the consolidated gross turnover up to USD…
Burdensome energy taxes cut Alro profit for 2013
###author### The ”overcompensation” scheme in the renewable energy segment and the burdening tax, combined with an ever-decreasing aluminium price determined…
SUA may lift the ban on fracking oil export
Oil producers would obviously benefit from lifting the ban to export oil, introduced in 1970s, writes The Economist. So might…
Socar opens the first filling station in Bucharest, of 3,500 square meters
###author### Socar opened on Friday its first gas station in Bucharest, located on the ring road, under the bridge A1…
Green energy law published in O.G. in maximum 10 days, the 85% cut – incorrect
###author### The renewable energy draft law suffered only a minor technical amendment and will be published in the Official Gazette…
Sobolewski, Anghel and a ”task force” radically change the stock exchange before the IPOs
###author### After the roadshow in New York , where President Stock Exchange (BSE ), Lucian Anghel, the CEO Ludwik Sobolewski…
Primary energy resources decreased by 9.2% last year, electricity down by 3.2%
Primary energy resources decreased by 9.2 % last year compared to 2012, to 30.95 million tons of oil equivalent (toe)…
Wind Turbines towers market to grow by 60% until 2020, to 19.3 billion USD
With wind power technology gaining increased popularity and institutional support from across the world, the wind turbine towers market is…
Nuclearelectrica estimates a 16 times profit loss for 2014
Nuclearelectrica (SNN ), the sole operator of nuclear power plants in Romania, estimated this year the net profit will fall…
Romanian microhydrocentrals, between illegalities and ecological catastrophe
Green tariffs are driving development in the Southern Carpathian mountains, but with ecological and legal consequences More than 500 ‘micro’…
Hydraulic fracturing – Torn Between Myth and Fact
Constantin Crânganu Over the last decade, significant improvements were made in hydraulic fracturing technology and horizontal drilling. The energy industry…
Ion Lungu, AFEER: banning bilateral contracts creates market discrimination
###author### Romanian Energy Suppliers Association (AFEER) requires the Energy Regulatory Authority (ANRE ) and the Department of Energy to reintroduce…
