FP: Tarnita and the submarine cable insufficiently founded, Romgaz delays participation
###author### Franklin Templeton, the manager of Fondul Proprietatea (FP) considers that Tarnita and the Romania – Turkey submarine power cable…
Russians take over for 5 billion euro RWE`s oil and gas division
L1 Energy, the investment vehicle of Russia’s fourth-richest man Mikhail Fridman, agreed to buy RWE AG (RWE)’s Dea oil and…
PDL lay down in Parliament a simple motion on energy
Chamber of Deputies debate s Monday at 16:00 the simple motion on energy initiated by PDL (Liberal-Democratic Party), which will…
Romania and Europe`s alternatives to Russian gas
###author### It will take at least three or four years to explore Romanian shale gas, professors in charge with a…
Iași-Ungheni pipeline will go online in July, says the Moldovan Government
Iași-Ungheni pipeline construction is 70% completed on Moldova’s territory and the pipeline will be operational in July, said Thursday the…
Need to accelerate hydrocarbons exploring: Chevron, Exxon, OMV held talks with presidency
President Traian Basescu yesterday’s meeting with leaders of Western oil companies – Chevron , ExxonMobil and OMV is not at…
The changes are changing: Economy wins partially the control on Department of Energy
According to an Executive Ordinance (EO) approved Wednesday, the Economy Minister, Constantin Niță, will coordinate the economic policies of the…
Public debate for the Romanian national energy strategy
The new Minister for Energy, Razvan Nicolescu, launched a public debate on the development of the national energy strategy of…
European Parliament eliminated shale gas from the new environment rules
Members of European Parliament voted Wednesday in favor of tightening the rules on oil and gas exploration impact on the…
President Băsescu meets today the management of Chevron Europe , ExxonMobil and Petrom
President Băsescu meets today the general manager of Chevron Exploration and Production Europe , Derek Magness , head of state…
Băsescu: new excise on fuel is useless, the pole tax will be reformulated, it brings 1.5 bln. lei
###author### President Traian Băsescu reiterated the view according to which the additional excise duty on fuel is unnecessary, since the…
The Department for Energy supports the full reintegration of energy dispatch in Transelectrica and Transgaz
The Department of Energy wants the total reintegration of power and natural gas dispatches in Transelectrica and Transgaz, but will…
Polish Government proposes tax exemption until 2020 for shale gas producers
Polish government, led by Donald Tusk, established on Tuesday that will relieve the shale gas extraction industry from taxes until…
Energy costs drives the industry into the streets to protest in Bucharest and Slatina
The trade unions in the industry are protesting on Wednesday in front of the Constitutional Court (CCR) and on Thursday…
Norway,Iceland and Liechtenstein donates to Romania 8 million euros for energy efficiency
Norway, Iceland and Liechtenstein donates to Romania 8 million euros to finance energy efficiency programs in order to reduce emissions…
Nicolescu, the Department of Energy: Romania has the capacity to deal with russian gas disruptions
Delegate Minister for Energy, Răzvan Nicolescu, said that Prime Minister Victor Ponta contact him to receive assurances that Romania will…
Ukrainian top politician: Russia will increase in April by 37% the price of gas for Ukraine
Ukraine will pay with 37% more for the natural gas imported from Russia after Gazprom will eliminate, starting with April,…
The Rompetrol Group will become KazMunayGas International
The Rompetrol Group decided to change its name to KazMunayGas International, as part of the process of integration of activities…
FP`s SPO in London by the year-end, the Fund sells shares in Petrom and Conpet
###author### Fondul Proprietatea (FP) will have its SPO (secondary public offering) on the London Stock Exchange (LSE) by the end…
