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Serinus Energy sued suppliers over faulty equipment – Romania, 26 February 2019

Oil and gas exploration company Serinus Energy announced that it has filed a lawsuit against two subcontractors for delivering faulty equipment for the company’s Moftinu gas plant. According to the statement from Serinus Energy, the lawsuit has been initiated against two Canadian companies – Aval Full article available for subscribers of Energy NEWS service (PDF […]

Nuclearelectrica recorded 82 million euros profit in 2018 – Romania, 26 February 2019

Romanian electricity producer Nuclearelectrica, the company which operates country’s sole nuclear power plant Cernavoda, recorded a net profit in the amount of 82 million euros in 2018, which is a 27.4 % increase compared to the previous year. The company’s total revenues increased by 12.7 % and Full article available for subscribers of Energy NEWS […]

ROPEPCA claims that emergency ordinance will have negative effect on Romanian economy – Romania, 26 February 2019

The Romanian Petroleum Exploration and Production Companies Association (ROPEPCA) has published results of a study analyzing the impact of the Government’s emergency ordinance adopted in late 2018 on the natural gas sector in Romania. The study, developed by Deloitte Romania, shows that the ordin Full article available for subscribers of Energy NEWS service (PDF publications, […]