Romanian Oil Co Petrom Mulls Producing Electric Power From Renewable Sources

Romania’s largest vertically integrated oil company Petrom (SNP.RO) and OMV Future Energy Fund will analyze some projects on producing electric power from renewable sources and on making investments for higher electric power efficiency, Petrom said in a statement sent to the Bucharest Bourse WednesdThe targeted projects require over EUR2.3 million investments between 2008 and 2009, the statement also read.The projects refer to the production of electric power using depleted oil ...

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