News
Melania Mirea: Pension funds finance the economy and stimulate saving
This is the transcript of the message delivered by Melania Mirea, Executive Director and Member of Directorate at BCR Pensii,…
UIL, Iberdrola plan to address U.S. regulator concerns over deal
Power group UIL Holdings said on Wednesday it would quickly address regulators’ concerns after its $3 billion takeover by Spain’s…
Gas price for heating up by more than 11%
The government approved on Wednesday a new timetable for the liberalization of the purchase price of natural gas from domestic…
Artur Stratan: A principle delivered to the Government is tax on profits, not on investment
This is the transcript of the message delivered by Artur Stratan, Chairman of the Association of Oil Exploration and Production…
Oil to rise again as Brazil, Iraq cut output
Massive downward revisions to oil output in Brazil and Iraq have increased the risks for oil markets of going from…
CEZ acuses the green certificates cut for the Romanian losses
CEZ Romania Group recorded losses in 2014 amounting to 871.685 million lei, compared to a net profit of 220 million…
RADET management plan, approved in ad-hoc meeting
Management Plan of the Board of RADET was approved by the General Council of Bucharest Municipality (General Council), Tuesday, in…
GE to sell its global fleet assets to Element and Arval
General Electric on Monday said it agreed to sell its fleet management arm in the United States, Mexico, Australia and…
SOCAR will raise investments in Romania to 100 million euros
State Oil Company of Azerbaijan, SOCAR, has so far invested 50 million euros in Romania and will allocate a similar…
John Knapp: Without regulatory stability, Black Sea investments aren’t going to happen
This is the transcript of the message delivered by John Knapp, Managing Director at ExxonMobil in Romania and Chairman of…
Gheorghe Duțu: We work with major oil and gas operators to improve the legislative framework
This is the transcript of the message delivered by Gheorghe Duţu, President of the National Agency for Mineral Resources (NAMR),…
Bavaria opposes local nuclear waste storage plan
The German government has settled with the country’s four nuclear companies on four interim storage facilities for radioactive waste that…
Romania asked an extension to the mine closing schedule
The most important thing that was requested to European Commission’s (EC) delegation was to get support for extending the deadline…
Lukoil looks for oil in two new offshore drillings at the Black Sea
Lukoil plans to drill by the end of year two oil wells in Romanian waters of the Black Sea, said…