Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS

Subscribe|Login

Energy & Environment

Primary energy resources down 15.2 percent in H1 2013

Thursday, August 15, 2013

Primary energy resources dropped 15.2 percent January through June 2013, while the electricity resources dropped 6.9 percent, according to data released on Thursday by the National Institute of Statistics (INS).Thus, the main resources of ...

Photovoltaic park built on site of former chemical plant in Valea Calugareasca

Thursday, August 15, 2013

A photovoltaic park with a capacity of 5 MW will be built in Valea Calugareasca, Prahova County (southern Romania), on the site of the former chemical plant Romfosfochim. The project belongs to a private investor who drew funds from the European Union ...

Contract for construction of Iasi-Ungheni gas pipeline

Thursday, August 15, 2013

The contract for the construction of a gas pipeline that will connect Romania and the Republic of Moldova, between Iasi - Ungheni, was signed on Thursday, according to a press release from the Ministry of Regional Development and Public ...

Wind energy production doubles in first half of 2013

Thursday, August 15, 2013

The energy production in the wind power plants stood at 2.413 billion kWh in the first six months of this year, increasing 1.226 billion kWh from the similar period last year, according to the data released by the National Institute for Statistics ...

Natural gasses price market for industry to be liberalized by Dec 31, 2015

Thursday, August 8, 2013

The gasses price market for the non-household consumers will be liberalized by December 1, 2015, the step being agreed upon by the International Monetary Fund (IMF) officials, National Energy Regulatory Authority (ANRE) President Niculae Havrilet told Agerpres, on Wednesday.'The measure is compliant with the Law No. 123(Law 123/2012 on electricity and natural gasses - editor's note) stipulating ...

Wind Power in Romania, Market Outlook Research Report 2025

Thursday, August 8, 2013

Researchmoz presents this most up-to-date research on'Wind Power in Romania, Market Outlook to 2025 - Capacity, Generation, Market Share, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles'.The report focuses primarily on quantitative marketmetrics in order to characterize the growth and evolution of the Remote Patient Monitoring ...

OMV Petrom commissions new gas desulphurisation unit at Petrobrazi

Thursday, August 8, 2013

OMV Petrom commissioned in July a new unit for gas desulphurisation within the Petrobrazi refinery, as part of the modernization program initiated in 2010, according to a company press release.The project of the gas desulphurisation unit started at the end of 2010 and entailed investments of approximately 40 million euros.The new unit determines a reduction in the refinery polluting emissions, thus ...

Romania, a net energy importer in 2012

Thursday, August 8, 2013

Energy imports in 2012 increased by nearly 35 per cent from the previous year, with Romania ending the year a net importer of energy, for the first time in five years, according to a report by the National Energy Regulatory Authority (ANRE) posted on the authority's website.'In 2012, Romania imported nearly 1,402 GWh and exported 1,149 GWh. The figures are not daily flows but the reflection of commercial exchanges ...

Petrom and Exxon speed up Black Sea exploration and conclude an additional act with ANRM

Thursday, August 8, 2013

The National Agency for Mineral Resources (ANRM) concluded an additional act to the agreement with OMV Petrom and ExxonMobil for the Neptun Block in the Black Sea, in order to speed up the exploration work, Gheorghe Dutu, President of ANRM, told AGERPRES.'The government has approved this additional act in the latest meeting (on July 30 - editor's note). The additional act was concluded at the ...

Solar park to open on 65-million-euro investment

Thursday, August 8, 2013

A Spanish company is building a solar park covering 135 hectares in the Romanian town of Livada, Satu Mare County, on an investment of 65 million euros.Construction site manager Filip Popescu told Agerpres that the park, to be ready this November, has a capacity of 56 MW, generating electricity for nearly 60,000 households.After the park is commissioned, nearly 145 people will work ...

Talgat Kaliyev: Kazakh gas delivery offer to Romania via South Stream extension - realistic, profitable

Thursday, August 8, 2013

Kazakhstan's Charge d'affaires in Romania Talgat Kaliyev considers that the proposal made by the Government in Astana to deliver gas to Romania via an extension of the South Stream pipeline from Bulgaria is the most realistic and profitable option.Romania's geo-strategic position, its capacity as a member of the European Union, are key to Kazakhstan's strategy to expand and strengthen its ...

ANRE grants 39 authorisations for photovoltaic projects in July

Thursday, August 8, 2013

The National Energy Regulatory Authority (ANRE) this July granted 39 authorisations for power generation from photovoltaic sources.According to a bulletin posted on the ANRE website, also in July ANRE issued two authorisations for sun power projects, two for biomass power and one for hydropower generation.At the same time an authorisation for a project for the creation of energy ...

Rominserv to carry out upgrading works for Pavlodar Refinery, Kazakhstan, under 1-bn-dollar contract

Thursday, August 8, 2013

Rominserv, part of Rompetrol Group, will carry out the works for upgrading and increasing the processing capacity of Pavlodar Refinery in Kazakhstan, with the value of the relevant contract signed early this week standing at 1.072 billion dollars.According to a Rompetrol release, the programme is aimed at expanding the processing capacity to 7 million tonnes per year, increasing refining ...

Transgaz lost over 25 million euro with Nabucco West

Thursday, August 1, 2013

The gas transporter Transgaz Medias (TGN) spent 110.7 million lei (25.1 million euro) for the project of the pipe Nabucco West, and as the project did not go on, the state companz will report this sum as loss.The sum could grow with another 6.6 million lei, recorded as expenditure for the development of Nabucco, according to a press release of Transgaz sent on Friday to the Stock Exchange ...

Rompetrol increases the number of petrol stations in the Republic of Moldova and Bulgaria

Thursday, August 1, 2013

The Rompetrol group, controlled by KazMunayGas from Kazahkstan opened this year 12 petrol stations in the Republic of Moldova and Bulgaria, reaching 114 filling stations in the two states, and intends before the end of the year to open another six. “ Our aim is to supply the consumer with good products, by extending the network of distribution in the area of the Black Sea in the next 3-5 years”, stated in a press release the ...

Dafora, Chevron sign four-year drilling contract

Thursday, August 1, 2013

Dafora, leader on the Romanian drilling market, announced the signing of a four-year Master Onshore Drilling Contract with energy company Chevron for onshore drilling services in the eastern area of Barlad, starting this autumn, informs a release sent this Monday to the Bucharest Stock Exchange. The contract covers drilling the required wells for Chevron's exploration program. Dafora's F320 drilling ...

Hidroelectrica will be prepared for stock exchange listing next autumn

Thursday, August 1, 2013

Hidroelectrica will be prepared for stock exchange listing in autumn next year, Gabriel Dumitrascu, director of the Privatization and Administration Directorate in the Department for Energy, told a press conference on Thursday.'We anticipate that Hidroelectrica will be suitable for listing some time in the autumn of next year. Hidroelectrica will be an interesting and important touchstone and, ...

ANRE's Havrilet: Natural gas prices for non-household consumers to go up 2-3pct on October 1

Thursday, August 1, 2013

Natural gas prices will go up 2-3 per cent for non-household consumers on October 1, Chairman of the National Energy Regulatory Authority (ANRE) Niculae Havrilet told a specialist conference on Thursday.'Annual consumption in Romania of natural gas cannot be covered from domestic production, and that is why part of it is covered by imports. The imports come from just one source that is ...

Nita: A delegation from Korea is interested in reactors 3 and 4 in Cernavoda

Thursday, August 1, 2013

A delegation from Korea was in Romania being interested in the reactors 3 and 4 of the Cernavoda nuclear power plant, Minister Delegate for Energy, Constantin Nita, told a press conference on Thursday.'A delegation from China came this week to Romania being interested in the the reactors 3 and 4 of the Cernavoda plant. Another delegation is now here from Korea. There is interest in this ...

Electricity invoice, to drop some 7-10 percent by year-end

Thursday, August 1, 2013

The electricity invoice will drop some 7-10 percent by the end of the year, Minister Delegate for Energy Constantin Nita told a specialist conference on Thursday.'Some measures that we took mainly in the green certificate area have not been very welcomed or friendly especially towards the investors in this area, but this brings us a reduction in the invoice value starting July 1, after the ...

Premium News

Daily

Monday, November 18, 2024

Financial & Banking

Monday, November 18, 2024

Economic

Tuesday, November 12, 2024

Companies

Wednesday, November 13, 2024

Energy & Environment

Thursday, November 14, 2024