Romania

US oil company resumes exploration in Romania

BUCHAREST, Romania (AP) — U.S. oil company Chevron says it has resumed exploration for shale gas in northeastern Romania a day after suspending work when hundreds of anti-fracking protesters tore down fences.

Chevron resumes search for shale gas in Romania

BUCHAREST, Romania (AP) — U.S. oil giant Chevron has resumed its search for shale gas in northeastern Romania amid ongoing opposition from local residents.

In October, Chevron suspended searching for shale gas in the village of Pungesti following protests in the capital and the local area against fracking.

The company said Monday its priority was to "conduct these activities in a safe and environmentally responsible manner." It gained permits to drill exploratory wells in Pungesti in October but halted activity after protests. On Monday, hundreds of police blocked a road to stop residents demonstrating.

Chevron halts Romania shale gas search after protests

BUCHAREST, Romania (AP) — Chevron said Thursday it has suspended searching for shale gas in northeast Romania following protests in the capital and the local area against fracking.

Police stop anti-fracking protest against Chevron in Romania

BUCHAREST, Romania (AP) — Hundreds of Romanians opposed to shale gas extraction in their village on Wednesday scuffled with police at an exploration site where energy giant Chevron plans to start drilling.

Romanian PM: No support for gold mine

BUCHAREST, Romania (AP) — Romania's prime minister predicted Monday that Parliament will reject plans for Canadian-run gold mine following large protests over the cyanide used in its extraction process.

Romanian energy chief fired for 'arrogance'

The prime minister has fired the head of the national energy regulator for "arrogant" comments, saying they showed he was out of touch with ordinary people.

Victor Ponta said Thursday he fired Petre Lificiu after the official dismissed a five percent increase in electricity prices as insignificant.

Romania vows moratorium on shale gas extraction

Romania's new left-leaning government has pledged a moratorium on shale gas exploitation and will review a controversial Canadian plan to build Europe's largest open-cast gold mine.

Prime Minister-designate Victor Ponta also said he will respect commitments to the International Monetary Fund and increase public sector wages that were slashed by 25 percent in 2010 to meet the terms of a €20 billion($26 billion) IMF-led loan.

Chevron bows to environmental concerns over fracking in Romania

Source: 
Rigzone

Oil giant Chevron, following protests by environmentalists over fracking techniques, will use only conventional drilling techniques at its oil field in eastern Romania, Rigzone reports.

France’s Filasa plans $1 billion investment for wind parks in Romania

Source: 
Bloomberg

Filasa International, a privately-held French company, said Thursday that it is planning $1 billion) in 11 wind-parks in Romania, Bloomberg reports.

Subscribe to Romania