information on the energy sector
HARALD KRAFT: ALL MEMBERS OF ROPEPCA PAID THE ROYALTY AT THE SELLING PRICE, NOT AT THE REFERENCE FROM NAMR
With regard to the amounts calculated by the Court of Auditors as being unpaid in the last years on account of oil royalties, it seems that we are witnessing a perfect example of a dialogue of the deaf. NAMR mentions payments made on the basis of an outdated benchmark of its own, and thus it seems to support a previous position from the Court of Auditors, while ROPEPCA has repeatedly stated that the reference in the calculation of the royalties payable by the producers was the price at which they were concluded sale transactions of their produced output, higher than the NAMR reference. We discussed these issues with Harald Kraft, ROPEPCA President, as well as other hot issues in the oil and gas industry.
FP SALUTES CCR’S DECISION ON CORPORATE GOVERNANCE, LOOKS TO SELL ENEL AND E.ON SUBSIDIARIES
Fondul Proprietatea salutes the Romanian Constitutuional Court’s (CCR) decision given on Tuesday against the changes to the corprate governance, as the changes in the management of state-owned companies have delayed the development process. At the same time, FP looks to sell Enel and E.ON remaining stakes, answered energynomics Johan Meyer, CEO Franklin Templeton Investments Bucharest Branch and Portfolio Manager of Fondul Proprietatea.
FIGHTING ENERGY POVERTY THROUGH INTEGRATED UPGRADING OF PUBLIC BUILDINGS
(analysis by Andrei Ceclan)
ANDREI BUCUR (MET ROMANIA ENERGY): AS AN ELECTRICITY SUPPLIER WE UNDERSTAND VERY CLEARLY WHAT UNPREDICTABLE CONSUMPTION MEANS
An interview with Andrei Bucur, Business Development Manager, MET Romania Energy Marketing, one of the confirmed speakers at the Energy Breakfast Club conference “Smart buildings – what we need for having more” from February 28th.
SCHNEIDER ELECTRIC STUDY: COMPANIES, UNPREPARED FOR NEW ENERGY ECONOMY
A new study released by Schneider Electric, a company invloved in the digital transformation of energy and carbon management and automation, reveals that most organizations feel prepared for a decentralized, decarbonized and digitized future, but many are not taking the necessary steps to integrate and advance their energy and sustainability programmes.
TURKEY'S ZORLU ENERGY TO SET UP ASIA COMPANY
Turkey's Zorlu Energy will set up a company in Dubai to make investments in Asia, the company said late on Thursday.
TURKISH FM SPOKESMAN SLAMS REMARKS OF GREEK MINISTER
The Turkish Foreign Ministry’s spokesman Hami Aksoy expressed concern early Saturday about the Greek foreign minister's remarks regarding the Greek's attitude towards Turkey.
ELECTRICA’S NET PROFIT DOWN BY 3 PCT CLOSE TO RON 257 MLN IN 2017
Electrica, one of the most important company in distribution and supply of electric energy in Romania, posted a net profit in decrease by 3 percent to RON 256.9 million at the end of December 2017, according to the preliminary data of Bucharest Stock Exchange (BVB).
NUCLEARELECTRICA’S NET PROFIT UP BY 172 PCT TO RON 303 MLN IN 2017
/ By Georgiana Bendre
WHEN YOUR ENERGY IS FUELING YOUR COMPETITORS: HOW ROMANIAN OFFSHORE GAS COULD CONSOLIDATE HUNGARY’S POSITION AS A DOMINANT PLAYER IN THE REGION / BY SORIN MELENCIUC
/ By Sorin Melenciuc