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President Iohannis addressing the 72nd Regular Session of the UN General Assembly (UNGA 72)

Thursday, September 21, 2017

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Addressing the 72nd Regular Session of the UN General Assembly (UNGA 72) on Wednesday, Romania's President Klaus Iohannis said Romania remains committed to the common initiative developed with Spain for the future possible establishment of an International Court against Terrorism. "Indeed, people across the globe still suffer from the brutal effects of war, poverty, inequality and injustice. Tensions over cultural identity and faith are rising even within ...

Iohannis: Romania must help R.Moldova institutionally, a 3rd loan could be granted

Thursday, September 21, 2017

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 Romania must help the Republic of Moldova institutionally and not certain politicians in this country, on Wednesday said Romania's President Klaus Iohannis at a meeting with the Moldovan Prime Minister Pavel Filip. "Personally, I'm very interested and very much involved. I believe that Romania must and can help the Republic of Moldova and this ...

DefMin Fifor at the Pentagon discuss the new cooperation opportunities with the Romanian producers in the national defence industry

Thursday, September 21, 2017

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National Defence Minister Mihai Fifor reiterated to U.S. counterpart James Mattis Romania's strong commitment to substantially contribute to the security of the Alliance, during an official meeting on Tuesday, September 19, at the Pentagon, informs a press release of the National Defence Ministry ...

Romanian Parliament passes declaration on Ukraine's adoption of controversial education law

Thursday, September 21, 2017

In a joint session on Wednesday, the Romanian Parliament unanimously passed a declaration on minorities rights in Ukraine following the adoption by Ukraine of a controversial education law in this country, calling for the current situation to be settled as quickly as possible. According to the declaration, the Romanian Parliament is "watching with great ...

EC official: Romania has huge resources and they are economically untapped

Thursday, September 21, 2017

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Romania has huge resources and, to some extent, they are economically untapped, Nicola Notaro, head of unit, Directorate-General for Environment, told a specialist conference in Bucharest on Wednesday. "This is a context in which Romania has huge resources ...

Romgaz analyses the exploitation of gas in the Trident area in the Black Sea

Thursday, September 21, 2017

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Romgaz and its partners in the oil block Trident analyse the possibility of digging new wells after the exploitations made until now have shown there is potential for new discoveries of gas in the area, stated on Friday Vlad Pavlovschi, manager of business development in Romgaz during the conference on energy issues. He spoke about the Romgaz history in this association, after July 2010 Lukoil Overseas together with the Vanco International company ...

Lukoil Romania involved in a tax evasion case

Thursday, September 21, 2017

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Prosecutors with the Bacau Local Office of the Directorate for Investigating Organised Crime and Terrorism (DIICOT) have conducted searches in Bucharest City and six Romanian counties in a tax evasion case with a damage in excess of 9 million lei in which the legal representative of SC Lukoil Romania SRL is also involved. "It has been noted that in 2009-2010, defendants Matei Eugen, Gherghel Amalia, Ceban Sergiu, Tirla Calin, Izvernari Danu? Nelu, Negru ...

Romania's OMV Petrom to invest 70 mln euro in new offshore drilling campaign

Thursday, September 21, 2017

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Romania's top oil and gas group, OMV Petrom [BSE:SNP], said on Monday it plans to invest 70 million euro ($83.5 million) into a new drilling campaign in the shallow waters of Istria block in the Black Sea, seenews.com informs.  The campaign includes the drilling of two wells by the end of this year and a further two by mid-2018, OMV Petrom said in a press release. The wells are planned to be drilled to depths of up to 2,000 ...

Hidroelectrica invests 24 mln lei (5 mln euro) in upgrading Calimanesti plant

Thursday, September 21, 2017

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Romanian hydro power producer Hidroelectrica said on Tuesday it is investing 23.69 million lei ($6 million/ 5 million euro) in the modernization of its plant in Calimanesti, central Romania, seenews.com informs. The work was awarded through a tender opened by S.S.H. Hidroserv Bucharest and will be financed exclusively from Hidroelectrica's development funds. The designated equipment supplier is UCM Resita, Hidroelectrica said in a press ...

Competition Council OKs Forte Gaz GN taking over by Premier Energy

Thursday, September 21, 2017

The Competition Council had authorized the transaction through which Premier Energy takes over Forte Gaz GN, a press release informs quotd by romaniajournal.ro. Premier Energy has operations in gas supply and distribution markets. It was established in 2007 under Petrom Distributie Gaze SRL name, at that time being controlled by OMV Petrom SA. In 2013, Ligatne Limited, Cyprus, took over this company from OMV Petrom SA by signing a share transfer ...

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