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Energy & Environment
EnviTec Biogas invests in biogas plant near Arad
Thursday, September 13, 2007
German company EnviTec Biogas plans to build five biogas plants near Arad (north-west of Bucharest), the first of which is to open by year-end at Zabrani, manager of EnviTec Biogas Johann-Lucas Orodan told daily Business Standard. The Arad-based EnviTec Biogas said that investments estimated so far reach 55 million euros and the sum is likely to increase depending on the receptivity of partners involved in the projects. Besides the plants in Arad county, EnviTec Biogas will start the ...
The Netherlands interested in developing water management projects in Romania
Thursday, September 13, 2007
The Netherlands is interested in taking part in the development of water management projects in Romania, that should help to remove the annual flooding phenomenon, visiting Dutch European Affairs Minister Frans Timmermans told a news conference on Tuesday, after meeting Romanian counterpart Adrian Cioroianu.The Romanian minister thanked for the Dutch authorities' wish to get involved in the development of joint projects on water management and praised the Dutch expertise in the field, but ...
Holcim opens ecological concrete station on 3-million-euro investment
Thursday, September 13, 2007
Holcim Romania on Wednesday opened an ecological concrete station in Bucharest, on an investment of 3 million euros.The latest station is the 4th in Bucharest and the 16th in Romania. It is of a Stetter type, with a capacity of 100 cu.m. of concrete per hour.Holcim Romania has planned to make investments worth 86 million euros in 2007.The company owns three cement factories - one each in Turda, Campulung and Alesti, 16 ecological concrete stations and 4 stations for aggregates. It ...
Speaker of Chamber of Deputies asks desecretizing of documents relating to Rosia Montana project
Thursday, September 13, 2007
Speaker of the Chamber of Deputies Bogdan Olteanu asks head of the National Agency for Mineral Resources (ANRM) Bogdan Gabudeanu to desecretize the official documents on which the mining project Rosia Montana is based. In an open letter addressed to the ANRM president, Olteanu says that 'the public debate of this topic is seriously disturbed by the fact that the concession license for the exploitation of gold and silver ores given to Mininvest Deva and next transferred to Rosia Montana Gold ...
Nuclearelectrica to sell on energy exchange over 20 pct of Unit 2 power output
Thursday, September 13, 2007
Electricity producer Nuclearelectrica announced that it will auction in October on the energy exchange managed by OPCOM about 140 MW of the electric power produced by Unit 2. This amount represents almost one quarter of the output of the recently commissioned nuclear reactor. Teodor Chirica, director general of the nuclear power producer, did not shut out the possibility that this electricity tranche might be auctioned for a smaller price than that of current OPCOM trades, but said that a ...
Nuclearelectrica, Transelectrica to participate in making undersea interconnection cable with Turkey
Thursday, September 13, 2007
Nuclearelectrica has voiced intention to participate along Transelectrica in making the undersea interconnection cable with Turkey below the Black Sea, the development international cooperation and capital market manager of Transelectrica, Razvan Purdila told a Wednesday's press conference.He added Nuclearelectrica would contribute 25% of the value of the feasibility study, similar with Transelectrica contribution. The rest of 50% of the sum will come from a foreign grant. The value of the ...
Patriciu : Rompetrol will follow « aggressively » Balkan acquisitions
Thursday, September 13, 2007
Dinu Patriciu, who sold a Rompetrol share stock to the state company in Kazakhstan KazMunai Gaz said that his company is going to aggressively follow other acquisitions in the Balkans. Rompetrol Holding with headquarters in Amsterdam will follow the acquisition of the Serbian oil company NIS, Patriciu said. Last year, the Serbian government postponed the privatization of the company to the elections. “ We intend to become a Meditteranian company with distribution and refining capacities ...
Investment in renewable energy production will benefit from state aid
Thursday, September 13, 2007
The companies to invest in installations for the production of energy out of renewable sources, as well as in installations to use “ clean technologies” allowing the reduction of raw material and energy consumption, the reduction of waste and polluting emissions will benefit from state regional aid. The Council of Competition agreed on the Helping Scheme for regional aid for investment regarding the promotion of clean technologies and energy production out of renewable sources of energy. ...
Romgaz intends to collaborate with the Serbs in NIS to exploit and extract gas
Thursday, September 13, 2007
Romgaz intends to collaborate with the Serbian NIS company for exploitation and extraction, as well as for rehabilitation of the wells, the development manager of Romgaz Gheorghe Radu stated on Friday. « The exploration division of Romgaz has already been to Serbia to identify possibilities for exploration. Then we present them, in October, our capacity as well as our logistics and the specialist team” Gheorghe Radu said. He also added that Romgaz could ensure the rehabilitation of the ...
Reactors 3 and 4 in Cernavoda, proposed to the South-Koreans for investment
Thursday, September 13, 2007
Romania wants investment from South Korea to build two new reactors in Cernavoda, reactors to become operation during the next decade, the Seoul government announced, the Korean news agency Yonhap informs. Romania will start the construction of reactors 3 and 4 at the nuclear power station in Cernavoda in 2009, the company will make this works after being selected next year, the South-Korean government mentioned. 13 Romanian companies and international companies announced their ...
Cernavoda second nuclear reactor starts operating on full nominal power
Thursday, September 13, 2007
The National Nuclearelectrica SA Co. announced that on Wednesday, September 12, 2007, 03:57 hours, within the final stage of operating tests, CNE Cernavoda Unit 2 nuclear reactor attained for the first time 100 percent in nominal power capacity, following the authorization issued by CNCAN on Wednesday September 5, 2007, the company reports in a press release.This moment is the final one in a several stage process run by Romanian, Canadian and Italian staff from the project's management team, ...
3rd Emerging Europe Energy Summit that will take place on 8 - 9 November 2007 at the Frankfurt Marriott Hotel are moving ahead.
Thursday, September 6, 2007
IBP Publishing & Conferences announces that the preparations for the 3rd Emerging Europe Energy Summit that will take place on 8 - 9 November 2007 at the Frankfurt Marriott Hotel are moving ahead. The Summit sets itself apart by being highly interactive and bringing participants together to share thoughts and opinions on the most important issues of the day, such as: · Governments' strategy for the electricity and oil & gas industries in emerging Europe · Liberalisation of ...
Dust collecting installation commissioned at ArcelorMittal Furnace 5
Thursday, September 6, 2007
The Galati-based ArcelorMittal steelworks commissioned on Thursday, August 30, the Furnace 5 dust collecting installation in a project worth 7.5 million dollars. The installation absorbs 860,000 cm per hour through eight dust collecting inlets. Further to its commissioning, dust density in Furnace 5 exhaust gas will decrease from 4 g per cm to 10 mg per cm. Furnace 4 will be soon equipped with a similar installation. The new dust collecting installation is the fourth environmental ...
Strategic CEZ - MOL alliance for Central Europe energy market
Thursday, September 6, 2007
CEZ and MOL, two of the most important players on the Central European energy market, opened discussions for a strategic alliance, designed to help the companies expand to markets in the South-Eastern and Central Europe, a MOL press release informs on Friday.The first step is to commonly build and operate thermal and electric plants which would function on residual components from the MOL refineries in the Slovakian capital, Bratislava, and the Hungarian city of Szazhalombatta.Within the ...
EU may restrict access to energy assets foreign
Thursday, September 6, 2007
The Commission may seek to restrict third-country access to EU energy markets as part of its upcoming proposals on energy market liberalisation, according to the Financial Times. Press reports speculate the move is targeted in particular at Russia.A confidential Commission Working Paper, obtained by the FT, suggests that foreign firms may be faced with a series of measures designed to restrict their access to EU gas- and electricity-transmission networks.Such restrictions could range from ...
Statistical report: Electricity export down by almost 40 pct January - July 2007
Thursday, September 6, 2007
Electricity exports dropped by 1.259 billion KWh in the first seven months of the year, which represents a decrease of 39.3 percent in comparison with the same period of the year before, reports the National Statistics Institute. Primary energy resources shrank 4.2 percent and electricity resources decreased 2.6 percent between January 1 - July 31, 2007 in comparison with the similar period of the year before.In the interval January 1 - July 31, 2007, the main primary energy resources ...
Romania no longer has any control of its energy resources, Democratic vice president Radu Berceanu says
Thursday, September 6, 2007
Romania no longer has any control of its energy resources, since the companies in this sector were not privatised, but given away to other states, Senate's deputy speaker Radu Berceanu told a news conference on Tuesday. Berceanu,the opposition Democratic Party's vice president, said the Romanian state might have got from the privatisation of Oil Company Petrom as much as the sale of Oil Company Rompetrol got.'Petrom was sold for more than 600 million euros. It was given away, not sold. The ...
State energy sector to be reshuffled
Thursday, September 6, 2007
The government wants to reorganise the controlling policy of the state energy sector, starting from the premise that Romanian companies need to have an important role in the region. Premier Calin Popescu Tariceanu did not offer any detail about the future governmental policy in the domain of energy, but he said that it aims at energy security, economic efficiency and the so-called sustainable development. In June, the premier stated that several companies still unprivatised will try to ...
Rompetrol deal: the Kazakh oil routes towards refineries
Thursday, September 6, 2007
Through the “Commercial House KazMunaiGaz", the KazMunaiGaz group bought 75% of the Romanian biggest oil company, Rompetrol Group NV. The deal will permit the Kazakhstan company to access the European market of oil products, the economic weekly Ekspet comments.The paper summarizes the possible routes the Kazakh oil can use towards Rompetrol refineries. The same publication analyzes the transaction from a financial point of view.KazMunaiGaz struggles for a long time to get foreign assets for ...
Gold Corporation requires motivation of the part of opposition
Thursday, September 6, 2007
Rosia Montana Gold Corporation – the company which intends to exploit the largest gold and silver reserve in Europe in the Apuseni Mountains – required on Wendsday those who oppose the project to present their reasons. The request comes after a commission of the Deputies’ Chamber decided that cyanides could be used in mining on Romania’s territory. The Rosia Montana project started 10 years ago and has been contested by several NGOs in the country and abroad. Chairman Gabriel Resources Alan ...