CupruMin is profitable, will remain majoritary in state’s ownership
The state will remain the majority shareholder, „without any doubt”, at Cupru Min Abrud, a company that exploits the Roșia…
Coal production up 13% during the first five months
The coal production of Romania in the first five months of the year totaled 1,864 million tons of oil equivalent,…
Royalties and Mine Law, subject to public consultation this August
The minister of Economy Mihai Fifor announced that he intends to submit to public debate the Mining Law, the Mineral…
Energy Ministry to allott 11.4 mln. RON for a minefield expropriation
The Ministry of Energy has initiated a draft Government Decision which stipulates the allocation of 11,4 million lei for the…
ELCEN’s profit up 83% to 36 million euro in H1
Electrocentrale Bucuresti S.A. (ELCEN) company, insolvent since October 2016, recorded in the first six months of 2017 a 165 million…
Angela Merkel might announce Germany’s coal exit
Chancellor Angela Merkel appears to have signalled the end of brown coal in Germany, Michael Bauchmüller writes in Süddeutsche Zeitung.…
Electrica becomes a multi-utilities, it will also deliver gas
Electrica intends to move towards the multi-utilities concept and in the coming weeks it will obtain the gas supply license,…
Competition to approve RADET – ELCEN merger
“I see signals coming from the press, I have not received anything official yet and I cannot even pronounce myself…
Boza: New EU pollution norms may get CEO out of the market
The new proposals of European directives in the energy sector impose certain technical barriers, which will practically remove coal based…
Gabriel Resources demands 4.4 bln. USD in damages to Romanian state for Rosia Montana
Gabriel Resources, the parent company of Roşia Montană Gold Corporation, will request a 4,4 billion dollars indemnification from the Romanian…
Coal production up 7%, imports dropped drastically
Romania’s net coal production in the first four months of the year totaled 1.461 million tonnes of oil equivalent, being…
FP: CE Oltenia exemption from corporate governance law – “a huge step backwards”
“We are extremely disappointed and concerned about the efforts of lawmakers to further expand the ‘blacklist’ of state-owned companies exempted…
