energy market
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Lukoil and Petrom, 600m-euro investments in energy
Russia's Lukoil, and Petrom, the biggest company on the Romanian market, are in the process of completing investments of over 600 million euros in 2011 in energy production facilities. These are among the few conventional energy projects carried out in the las...
Two problems of wind power paradise: Legislation is a fiasco and the network too small
The main two hurdles facing investors that tapped into the wind power energy segment in Romania are legislation, which, after more than two yeas, still cannot be enforced, and the rather low...
Who exits and who's still betting on hottest field, wind energy
Germany's RWE is withdrawing from a wind project worth above 250m euros, with the group saying things have not gone as planned. Still, RWE states it is still looking for good wind power proj...
How wind farms will get to bring light to over 333,000 houses
Energy generated by wind farms is likely to supply over 333,000 houses with electricity this year, almost three times more than last year.
Electrica says state stands only to gain from energy exports
For over a month, big energy producers have been exporting a large amount of electricity, 500 MW, i.e. nearly 9% of the electricity consumed in Romania last year, to a little-known company b...
Next year could see first big energy investments. 2010 is for strategies
The energy market has become one of the most effervescent economic sectors this year, at least in terms of the large number of projects that Romania is involved in. However, experts say a bi...
Petrom enters a 9bn-euro market: energy market
Petrom, the only Romanian producer of petroleum and natural gas, secured the licence for electricity supply at the end of last week from the Romanian Energy Regulatory Authority (ANRE).