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Energy & Environment
Ponta: Gov't looks for investor in 1 billion euros worth project to build hidropower plant
Thursday, May 16, 2013
Romanian Prime Minister Victor Ponta on Friday stated that the Executive is in search for an investor in the construction of the Tarnita-Lapustesti hydropower plant (Cluj County, central western Romania), a projects worth more than 1 billion euros, in which a Chinese company already seems to be interested.‘We are talking about an investment worth at least 1 billion euros and we are in search of an investor ...
Romania, Bulgaria to join sides in protecting three cross-border wetlands
Thursday, May 16, 2013
Romania and Bulgaria will join sides in protecting three cross-border wetlands, a commitment they included in a joint letter to the Ramsar Secretariat, Romania's Ministry of the Environment and Climate Change (MMSC) reported on Friday.'At the initiative of Environmental Minister Rovana Plumb and Bulgarian Minister of the Environment and Water Julian Popov, a joint letter of the two countries was sent ...
Romania to make Turkey energy exports offers
Thursday, May 16, 2013
Romania will make Turkey offers on energy exports, by end May, Minister Delegate for Energy Constantin Nita said during an official visit to Turkey, when he met with Minister of Energy and Natural Resources Taner Yildiz, informs Romanian Economy Ministry release.'Turkey's Minster of Energy and Natural Resources and me ...
Romanian Minister Nita, Moldova's acting PM Leanca discuss energy projects
Thursday, May 9, 2013
In a phone conversation on Wednesday, Romania's Minister-delegate for Energy Constantin Nita and Moldova's acting Prime Minister Iurie Leanca discussed the construction of a gas pipeline from Iasi, Romania, to ...
AFP: Chevron gets permit to look for shale gas in Romania
Thursday, May 9, 2013
US oil giant Chevron obtained permits to explore for shale gas on Romania's Black Sea coast, the Environment Ministry said Wednesday, despite controversy about risks of the technique known as fracking, AFP informs. "The environment protection agency of Constanta county, in ...
Environment Ministry to organize public debate on shale gas issue
Thursday, May 9, 2013
The Ministry of Environment and Climate Change will soon organize a public debate to clarify the issue of shale gas exploitation. 'We plan to organize a public debate ...
Victor Ponta: Romania to attain energy independence in 5 to 10 years
Thursday, May 9, 2013
Romania will attain energy independence in the next 5 to 10 years, Prime Minister Victor Ponta declared on Friday in the Black Sea port of Constanta (221 km south-east of Bucharest).He mentioned that it is important that the Black Sea area becomes, following mainly investments by OMV ...
Petrom plans EUR 300 ml worth of short-term investments in new wells
Thursday, May 9, 2013
National Oil Company Petrom will invest in the coming period more than 300 million euros in new wells, Prime Minister Victor Ponta declared on Friday in Constanta (221 km south-east of Bucharest).'I was on the Black Sea rigs. (...) The first feeling I experience is of great pride, because I saw highly exceptional technological achievements, a ...
Launch of Nabucco Pipeline Open Season Process announced
Thursday, May 9, 2013
NABUCCO Gas Pipeline International GmbH announced the launch of the Open Season process for capacity booking in the Nabucco pipeline. This first phase of the Open Season process offers potential shippers the possibility to register their interest in booking capacity in the pipeline and to request access to the Open ...
Lightway Solar receives Chinese government approval to build 50 MW PV project in Romania
Thursday, May 9, 2013
China-based manufacturer Lightway Solar has recently received approval from China's Development and Reform Commission (NDRC) to develop 50 MW of photovoltaic plants in Prundu, Romania, pv -magazine.com informs. According to the statement released ...
Hidroelectrica recorded record production of electricity in April of 1.621 million MWh
Thursday, May 9, 2013
In April 2013 with 282.000 MWh more than in April 2012 and with 100,000 MWh more than the monthly average of the last 17 years, according to a press release sent by the company. The company has on the Competition Market a number of 87 contracts for sale-purchase of electricity, 85 being signed following the bids organised on the Centralised ...
Gazprom and MOL want to set up a joint company in Romania to extract oil
Thursday, May 9, 2013
The Serbian oil company NIS controlled by Gazprom and the Hungarian group MOL intend to set up a joint company in Romania for upstream activities, of oil extraction, the NIS general manager Kiril Kravchenko said quoted by Mediafax.In an interview offered to the Hungarian magazine Figyelo, Kravchenko said that OMV and MOL could serve as models for NIS as regards the development as an ...
Joining forces with investment funds for gold mining is a crime
Thursday, May 2, 2013
Working with investment funds in gold mining is a crime, because they will first exploit the rich areas to boost shares on the stock exchange, then they will liquidate everything and leave, former President of Romania Emil Constantinescu told the 'Cristian Popisteanu' annual banking history and civilization symposium.'For the gold deposit types we have left, that is disseminated gold ...
ExxonMobil, OMVPetrom and Transgaz could set up joint venture for operations in the Black Sea
Thursday, May 2, 2013
Exxon Mobil, OMV Petrom and Transgaz could set up a joint venture to exploit resources in the Black Sea, authorities following to promote a law concerning operations in this area, Minister delegate for Economy, Constantin Nita, stated.'Exxon Mobil, OMV Petrom and Transgaz could set up a joint venture especially for operations in the Black Sea. The National Agency for Mineral Resources ...
OMV Petrom can export natural gas from Black Sea
Thursday, May 2, 2013
OMV Petrom could build the natural gas pipeline in the Neptune perimeter in the Black Sea also to other countries, for export purposes, the executive of Transgaz's Gas Transport Department, Marius Stroia told a Thursday's conference organized by the Romanian National Committee of the World Energy Council (CNR-WEC).'If Romania is obtuse, [OMV Petrom] can build the pipeline also to other ...
Nita: Department for Energy might be established by May 15; institution to be independent from Ministry of Economy
Thursday, May 2, 2013
The Department for Energy is to be established legally by May 15 by promoting a Government resolution, according to which the above-mentioned institution will be independent from the Ministry of Economy, said Minister Delegate for Energy Constantin Nita on Monday. 'We hope that the Government resolution on the functioning of the Department for Energy will be approved by May 15. It will ...
Minister Corlatean, Azerbaijani President discuss energy cooperation, in Baku
Thursday, May 2, 2013
The cooperation in the energy area and the political contacts in the coming period were approached in Baku, on Thursday, by Romanian Foreign Affairs Minister Titus Corlatean and Azerbaijani President Ilham Aliev, informs the Romanian Foreign Affairs Ministry (MAE) in a release.Titus Corlatean was received by Ilham Aliev on the occasion of the official visit that the Romanian chief diplomat pays on ...
Ponta: We are in close relationship with Azeri authorities to ensure success of Nabucco
Thursday, May 2, 2013
Prime Minister Victor Ponta said, on Wednesday, in Strasbourg, that in the near future he is going to pay a visit to Baku, occasion to discuss about the Nabucco project, stressing that it features in the top of his priority list regarding the energy sector.''One of my main goals of this mandate is to use the opportunities and potential offered by the Black Sea region in the energy field. ...
Romania and the US to cooperate in areas such as municipal waste management and preservation of biodiversity
Thursday, May 2, 2013
Fields such as climate change, integrated management of municipal waste and preservation of biodiversity were the main topics for discussion at the meeting on Thursday between the Romanian Minister of Climate Change, Rovana Plumb, and Michael Henney, the Regional Attaché for Agriculture of the US Embassy in Bucharest, reads a press release of the Ministry. The report of activity ...
Minister Lucia Varga: We have Danube Meadow revamping as priority
Thursday, May 2, 2013
Minister Delegate for Waters, Forestry and Fisheries Lucia Varga in Constanta (south-eastern Romania), on Thursday said that she has as main priority the revamping of the Danube Meadow, with European funds going to be employed in this respect.'Our main priority is revamping the Danube Meadow, a project that will be conducted with European funds. We chose a mixed solution, we shall keep ...