Archive » April 2009 » 24 April 2009 The english news from 24 April 2009
100 years of Romanian natural gas industry
National company Romgaz celebrated on Thursday 100 years since the first natural gas discovery in Romania in Sarmasel (Mures County). On the occasion, Romgaz announced its plans for the future, plans that include geological prospecting and the discovery of new natural gas reserves.…
Romania's Econ Min: Sterling Deal Annullment Is The Right Decision
Annulling the contract allowing Canada's Sterling Resources to exploit hydrocarbons in blocks XIII Pelican and XV Midia in the Black Sea is a right decision and Romania's largest gas producer Romgaz might represent the country in this deal, Economy Minister Adriean Videanu said Thursday.…
CNVM accidentally involved in battle for SIFs
The quarrel between administrators of financial investment companies (SIF) and investors demanding a change in the current management yesterday reached a climax, one day before the General Meeting of Shareholders, when SIF Oltenia accused shareholders who own up to 16 percent of the share capital of concerted action.…
Romania's central lender to send letter to IMF today
The central bank BNR will send today the letter to the International Monetary Fund (IMF), as the document was signed by both the Finance Minister Gheorghe Pogea and the BNR governor Mugur Isarescu and now pends the fund's approval on May 4.…