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Energy & Environment
President Basescu wants ‘determined steps' on Nabucco, AGRI
Thursday, January 24, 2013
President Traian Basescu on Monday said the strategic partnership with Azerbaijan will be promoted as a priority, so that determined steps should be made on Nabucco pipeline and AGRI (Azerbaijan-Georgia-Romania Interconnector) files.'The strategic partnership with Azerbaijan will continue to be promoted as a priority so that determined steps should be made on Nabucco and AGRI files, but also for ...
Central Depository registers GDF Suez in clearing-settlement system
Thursday, January 24, 2013
The Central Depository (DC) on January 17 registered in its clearing-settlement system and the RoClear registry the financial instruments issued by GDF Suez, for the purpose of conducting cross-border settlement operations, the DC representatives announced on Friday.GDF Suez will be identified with the symbol GSZ in the securities - shares class, deposited by Euroclear France and listed on Euronext ...
Dafora company to dril in Israel in late March 2013
Thursday, January 24, 2013
Dafora, leader of drilling market in Romania, announced on Monday that they are to execute special drilling services in Israel by the end of March for Globe Exploration company.According to the quoted source, the drilling equipment was subjected to a technical audit by the international relevant companies and was labelled operational to kick off drilling works, meeting the standards required by the ...
Net coal production goes down by 2 percent in first 11 months of 2012
Thursday, January 24, 2013
Romania's net coal production totaled 5.991 million tonnes of oil equivalent (toe) in the first 11 months of last year, being by 2 percent lower than the one in the similar time span of 2011, according to the data centralized by the National Institute of Statistics.Over January-November 2012 Romania imported 656,000 toe net coal, by 203,100 toe (44.8 percent) more than the quantity imported in the ...
Oil imports go down 10.2 percent in first 11 months of 2012
Thursday, January 24, 2013
Romania in the first 11 months of last year imported a quantity of crude oil over 4,522,000 tonnes of oil equivalent, with 511,500 toe (10.2 percent) less than in the same period of 2011, according to the centralized data of the National Institute of Statistics (INS).The oil production in the period January-November 2012 amounted to 3.554 million toe,1.8 percent (66,000 toe) lower compared with that ...
Over 1.053 million green certificates traded in 2012 by OPCOM
Thursday, January 24, 2013
A record number of 1,053,229 green certificates was traded last year on the Green Certificates Centralized Market, 2.33 times higher compared with 2011, when 451,841 units were traded, according to the data released by the energy market operator - OPCOM.The weighted average price was 244.09 lei / green certificate (56.44 euros / green certificate, calculated at the exchange rate used in determining ...
Natural gas consumption totals 124.8 million MWh, in first 11 months of 2012
Thursday, January 24, 2013
Natural gas consumption in Romania totaled 124.875 million MWh in the first 11 months of 2012, dropping some 6.35 percent compared with the similar period of the previous year, when it amounted to 133.335 million MWh, according to the data centralized by the National Energy Regulatory Authority (AMRE).The domestic natural gas production that went to ...
ArcelorMittal intends to increase presence on Romania's wind turbines market
Thursday, January 24, 2013
ArcelorMittal steel maker of Galati (southeastern Romania) plans to increase its presence on Romania's wind turbines market, through adjusting its production to meet the industry's demand, and improving the service quality and the delivery deadlines, said the Company's PR director Dorian Dumitrescu.According to him, ArcelorMittal Galati supplies thick tin sheets to the Greek, Polish, ...
Hidroelectrica is planning to merge the eight Hidroserv branches until February 28, 2013
Thursday, January 24, 2013
Hidroelectrica plans to merge the eight Hidroserv branches into a single entity, until February 28, 2013, said on Thursday, in a press conference, Remus Borza, representative of the judiciary administrator of the company - Euro Insol.He said that, otherwise, the 2,500 employees of Hidroserv branches will remain jobless, and they will go bankrupt.Also, he mentioned that, up to June 30, 2013 a number of ...
China Huadian Engineering to invest 1 bln euros in new energy group in Rovinari
Thursday, January 24, 2013
China Huadian Engineering signed at the end of 2012 a memorandum of understanding on investing in the construction of a new energy group in Rovinari (Gorj county, southern Romania) at the Oltenia Energy Complex, by pledging to invest nearly one billion euros in this project. The Romanian side is to approve the document at the following General Assembly of Shareholders, representatives of the Energy Ministry told Agerpres on ...
Conergy gets on the local market with a photovoltaic park close to Craiova
Thursday, January 17, 2013
The German company Conergy gets on the market of solar energy in Romania with a photovoltaic park of 2.2 MW which they develop in Bobicesti, close to Craiova in partnership with the company Solanna Investment. Conergy will supply almost 9,400 modules Power Plus for the project, whose surface will be 13,700 square metres, according to a press release of the German company. The annual ...
Lukerg will invest 135 mil.euro in a wind park in Tulcea
Thursday, January 17, 2013
Lukerg Renew finalised the acquisition of a project for a wind park in Tulcea with an installed capacity estimated at 84MW where they estimate to invest 135 mil.euro, Wolf Theiss announced, the society which offered the consultancy to the buyer. Lukerg Renew, an association in partnership with Lukoil of Russia and the Italian energy group ERG acquired a project of wind park in Romania with an installed capacity estimated at 84MW at the end ...
PM Ponta: Romgaz to exploit Black Sea gas deposits alongside OMV and Exxon
Thursday, January 17, 2013
Following 2 month-long negotiations with OMV and Exxon, the Government managed to obtain 'a fair participation' of the local company Romgaz in the exploitation of the new Black Sea deposits, Prime Minister Victor Ponta told private news channel Realitatea TV.'In this type of negotiations, it is important to persist in pushing the limits, but never too much. After all, we managed to obtain a ...
Cernavoda nuclear power plant's two units generate over 11.466 mln MWh, in 2012
Thursday, January 17, 2013
The two units of the Cernavoda nuclear power plant generated in 2012 over 11.466 million MWh, of which 10.563 million MWh were delivered into the National Energy Grid according to the data posted on Nuclearelectrica's website.Unit 1 last year generated some 5.384 million MWh and delivered 4.948 million MWh, having recorded an average capacity factor of 87.16 percent, whilst Unit 2 generated 6.082 ...
Transgaz publishes environmental agreement proposed for interconnection with Bulgaria
Thursday, January 17, 2013
Transgaz published the environmental agreement proposed for the project of Danube underneath crossing, in the aim to interconnect the natural gas transport systems of Romania and Bulgaria, which is to be constructed in the village of Comasca, in the County of Giurgiu, according to information published on the company's website.Observations and public complaints can be forwarded to the National ...
Imports of natural gas, down 15.8 percent in first 11 months in 2012
Thursday, January 17, 2013
Romania imported, in the first 11 months of 2012, a natural gas quantity of 2.073 million tonnes of oil equivalent (toe), down by 15.8 percent (389,600 toe) compared to the same period in 2011, according to the data centralized by the National Institute of Statistics.In the said period, the domestic production of natural gas toe totaled 7.835 million toe, by 23,000 toe (0.3 percent) more than that ...
Wind Power Energy brings sonic wind-measuring technology to Romania, as a first
Thursday, January 17, 2013
Wind Power Energy (WPE) introduces as a first on the Romanian market the equipment for measuring the wind power resources and potential, the AQ500 Sodar (Sonic Detection and Ranging), shows a company release. WPE signed a partnership with AQSystems Sweden, a company developing remote sensing ...
Nabucco to become ‘a real pipeline’ soon, owners say
Thursday, January 17, 2013
The companies behind the Nabucco pipeline have agreed to give Azerbaijan's Shah Deniz gas group a stake in the project to pipe the country's gas to Europe, boosting its prospects against the rival TAP project.The Shah Deniz II consortium, which has already signed a funding deal with the rival Trans-Adriatic pipeline (TAP), has said its acquisition of a stake would be critical for the Nabucco project to go ...
Brussels steers towards ‘resolute’ new CCS targets by 2014
Thursday, January 17, 2013
Europe’s failing plans to encourage the burial of carbon dioxide emissions underground should be boosted by new laws for emissions performance standards or mandatory carbon capture and storage (CCS) certificates, according to a draft EU communication seen by EurActiv. If approved, the paper would require the Commission ...
Accace: Romania is considered most active East European country in wind power field
Thursday, January 10, 2013
Romania is considered the most active country in Eastern Europe when it comes to the newly installed production capacities in the wind power field, according to an analysis made by Accace, reads a release issued by the above-mentioned company. The support given by the state for renewable energy drew massive investments in 2012, especially in the wind power field. This is why Romania became ...