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Energy & Environment
OMV Petrom starts first 3D seismic campaign in shallow water, in Black Sea Neptun Block
Thursday, December 20, 2012
OMV Petrom starts the first exploration campaign in the shallow water sector of Neptun block, in the Black Sea, being the sole holder of an exploration license for this sector, according to a press release of the company.The 3D seismic campaign in the shallow water sector of Neptun block is conducted on an area of 1,600 square kilometres.'Our exploration activities in the Black Sea region cover both the deep water sector, ...
Rovana Plumb: We have sent EC payment applications amounting to 187 million euros for POS Environment
Thursday, December 20, 2012
Romania has sent the European Commission (EC) payment applications amounting to 187 million euros for the Sectoral Operational Programme (POS) Environment, which was unblocked in November, said Romanian Minister of the Environment and Forestry Rovana Plumb after the meeting of the ENVI Council in Brussels on Monday. 'We have already started working normally with the EC when it comes to the POS Environment payments. We have sent the EC ...
Fantanele-Cogealac wind farm generates 600 megawatts
Thursday, December 20, 2012
CEZ Group has started and connected to the power grid the Fantanele-Cogealac wind farm in Dobrogea (south-east), with the existing 240 wind turbines generating 600 megawatts, according to a company's release.The wind farm supplies over 1 million households per year with electricity.The last wind turbine at Fantanele-Cogealac was connected to the national grid at end-November 2012.'With the Fantanele-Cogealac wind ...
30,785 green certificates are traded in first December session on OPCOM
Thursday, December 20, 2012
The number of the green certificates that were traded in the first December 2012 session on the centralized market for green certificates amounted to 30,785, according to the data published by the operator of the energy market OPCOM. In the first December session they launched 10 purchasing offers and 24 selling ones. The closing price was 244 lei/certificate (about 53.5 euros).Since the beginning of this year 990,330 green ...
Sterling Resources has discovered gas in Black Sea Pelican Block
Thursday, December 20, 2012
Sterling Resources announced a gas discovery from the first exploration well, Eugenia-1, in Pelican Block, in the Black Sea offshore Romania, according to a press release issued on Friday by the company. The well reached a total measured depth ('MD') at 2,276 metres (2,248 metres subsea). The preliminary log analysis indicates a total of 22 metres of gas-bearing Late Cretaceous sandstones, mainly within two intervals. Average porosity ...
ForMin Corlatean, Azeri ambassador discuss energy cooperation
Thursday, December 20, 2012
Romania's Foreign Minister Titus Corlatean on Friday welcomed Azeri ambassador in Bucharest Eldar Hasanov to discuss economic, energy and transport cooperation between Romania and Azerbaijan.The Romanian Foreign Ministry reports in a press release that Corlatean and Hasanov voiced appreciation for the stage of bilateral political relations between the two countries that are defined under a 2009 strategic partnership and for the 20th ...
At least 6 pct biofuel content in diesel, 4.5 pct in petrol mandatory as of Jan
Thursday, December 20, 2012
As of Jan. 1, 2013, fuel suppliers are obligated to sell on the market only diesel containing at least 6 percent biofuel by volume and petrol with at least 4.5 percent biofuel content, according to a draft resolution published on the website of the Ministry of Economy, Trade and Business Milieu.In addition, the authorities will make 6.5 percent biofuel content by volume mandatory in all diesel starting from Jan. 1, 2016, and 8 percent ...
EBRD to fund 50M euros to get two fresh wind parks built, in Romania
Thursday, December 20, 2012
The European Bank for Reconstruction and Development (EBRD) continues to support Romania's strategy for renewable energy production, and grants a loan worth 50 million euros to fund the building of two new wind parks at Vutcani (east) (24MW) and at Sarichioi (east) (33 MW), press release informs.EBRD, on Wednesday, announced it is to grant a 50 million-euro loan to VS Wind Farm SA, whose main shareholder is the Portuguese EDP ...
Energy chief: Cold winter will be ‘critical’ for Europe’s supplies
Thursday, December 13, 2012
Europe’s power grid stability is hanging in the balance this winter, with a cold snap liable to create a ‘critical’ situation, the director of one of Europe’s five biggest power grids has told EurActiv. “We are in the same position as last winter,” said Ben Voorhorst, the operational director of TenneT, the Dutch national transmissions system operator (TSO). “Will it be critical? Let’s be honest, that depends on the ...
Excise tax on diesel up 4.5 pct as of Jan. 1, 2013
Thursday, December 13, 2012
The excise taxes on diesel will increase 4.5 percent as of January 1, 2013 to 391 euros / tonne, or 330. 395 euros per 1.000 liters, compared to 374 euros / tonne, or 316.03 euros / 1,000 liters at present, provides a draft ordinance passed by the government on Wednesday.The draft legislative act is intended to bring the excise tax on diesel to the minimum level pledged to beginning January 1, 2013, according to the schedule assumed under the position documents ...
Referendum on mining in the Apuseni invalidated due to low presence
Thursday, December 13, 2012
The referendum held in 35 administrative units in Alba County on mining in the Apuseni Mountains was invalidated due to the low presence at the polling stations of 43.20 percent, according to final data released to the public by the Alba County Election Bureau.The turnout should have exceeded half of the voters to validate it. 72,490 citizens were expected in four cities and 31 villages to say if they agree with restarting mining in the Apuseni Mountains and the ...
Shale gas extraction referenda, invalidated
Thursday, December 13, 2012
Mayor of the town of Mangalia, south-eastern county of Constanta, Cristian Radu on Monday morning said the local referendum on shale gas exploitation by fracking failed to meet the turnout to be validated.'The turnout quorum of 50.1 percent of the total voters was not met, and so the outcome of the referendum cannot be certified, unfortunately. We were nearly 2,000 votes short of the quorum. That's life; I do not understand why my fellow citizens are not concerned ...
Statistics: Romania's electricity resources decrease 3 percent, in first ten months
Thursday, December 13, 2012
Romania's electricity resources decreased 3 percent, from January to October 2012, while final consumption increased 0.2 percent, as reveal the provisional data released by the National Institute of Statistics (INS).In the first ten months of the year, the electricity resources stood at 49.825 billion kWh, dropping 1.523 billion kWh (-3 percent) compared with the corresponding period of 2011.At the same time, the final consumption of electricity, in the ...
Romania commits to all obligations under Kyoto Protocol
Thursday, December 13, 2012
Romania will abide by all its obligations following its adoption of the Kyoto Protocol, and the Romanian authorities back the project of Durban Platform regarding climate change, says Elena Dumitru, vice-general secretary with the Ministry of the Environment and Forestry during the 18th session of the conference of the parties to the United Nations Framework Convention on Climate Changes (UNFCCC) in Doha.'Romania will commit to all the obligations incurred after ...
Fatih Birol: Energy efficiency is one of last options after Kyoto
Thursday, December 13, 2012
The chief economist of the International Energy Agency (IEA) has told EurActiv that energy savings are one of the “few valuable options” left for humankind to reduce carbon dioxide emissions, as he expects no global climate agreement before 2020. In a wide-ranging interview, Birol also said that he thought Europe would benefit from a binding energy efficiency target for 2030, and called on European member states to stop trying to weaken the current Energy ...
EU, EBRD offering 60 million euros to Romanian SMEs for energy efficiency projects
Thursday, December 13, 2012
The European Union and the European Bank for Reconstruction and Development (EBRD) are offering 60 million euros to Romanian small and medium-sized enterprises (SMEs) for sustainable energy and energy efficiency projects, Director General of Tractebel Engineering Daniela Scripcariu, the organiser of an event called 'Sustainable development - priorities, developments and solutions,' told Agerpres on Thursday.'The programme run by the EU and EBRD is providing 60 ...
Officially : The likelihood of reactors 3 and 4 to be built with Asian companies is very high
Thursday, December 6, 2012
The likelihood that nuclear reactors 3 and 4 of the unit in Cernavoda to be built with Asian companies is ‘very high’ according to the state secretary in the ministry of economy Rodin Traicu.’The likelihood (the construction of the two reactors with partners with Asia) is very high’ Traicu stated for Mediafax. ...
Future gov't to have energy ministry, PM Ponta says
Thursday, December 6, 2012
Prime Minister Victor Ponta on Wednesday announced an energy ministry will be set up in the future Government, but he did not cite the name of the person likely to hold the new portfolio.Ponta, who made the announcement during a visit to Targu Jiu (north-west of Bucharest), located in a coal mining area, said: 'I want to exclusively announce you there will be an energy ministry in the future Government, to deal with the energy matters only. Therefore, I'll discuss ...
Gold ore tender called by Remin fails over lack of bidders
Thursday, December 6, 2012
A second attempt to put to sale gold ores with high arsenic concentration by public tender called by Remin National Mining Company based in Baia Mare (northern Romania) has failed, as no Romanian or foreign company showed interest in purchasing the specification.Seven firms from Romania and from outside the country purchased the specification at the first tender called on Nov. 14, but none of them voiced interest in putting a bid.Remin Manager Ovidiu ...
Gov't approves petroleum agreement between National Mineral resources Agency and Universal Petroleum
Thursday, December 6, 2012
The Romanian Government on Tuesday approved a petroleum agreement for the leasing out for research, development and exploitation purposes of EX9-Paulis block concluded between the National Mineral Resources Agency and Universal Petroleum.'The Government approved a set of decisions approving several petroleum agreements for the leasing out for research, development and exploitation purposes under Petroleum Law 238/2004, as subsequently amended and supplemented. The ...