Expats

Romanian Utilities May Get 75 Million Free 2013-2020 CO2 Permits [Sep 14, 2011] Romania may give about 75 million free carbon permits to energy producers in the seven years starting in 2013, with oil company OMV Petrom SA (SNP) and two state- owned power plants poised to get almost half of the allowances. [via YahooNews] More >>

OMV Petrom Concludes Talks With Romanian Regulator on Production Licenses [Aug 24, 2011] OMV Petrom SA (SNP) completed talks with the Romanian mineral resources regulator for an extension of its exploration licenses in the country and is waiting government approval, after giving up 25 percent of the initially contracted permits, according to a regulatory official. [via YahooNews] More >>

Romania Starts Petrom Sale, Record for Bucharest Bourse [Aug 08, 2011] Romania will seek to lure international buyers to its 2.56 billion-lei ($861 million) sale of shares in OMV Petrom SA over the next two weeks, the biggest offering ever on the Bucharest Stock Exchange. [via YahooNews] More >>

Romania Delays Petrom Sale Plan as Euro-Debt Crisis Makes Investors Wary [Jul 22, 2011] Romania delayed selling a minority stake in OMV Petrom SA (SNP) as the euro-debt crisis made investors wary of bidding during a two-week offer period that ended today. [via YahooNews] More >>

Romania Starts Petrom Sale, Record for Bucharest Exchange [Jul 11, 2011] Romania will seek to lure international buyers to its 2.56 billion-lei ($861 million) sale of shares in OMV Petrom SA over the next two weeks, the biggest offering ever on the Bucharest Stock Exchange. [via YahooNews] More >>

Romania Starts Petrom Share Sale, Record for Bucharest Exchange [Jul 11, 2011] Romania will seek to lure international buyers to its 2.56 billion-lei ($870 million) sale of shares in OMV Petrom SA over the next two weeks, the biggest offering ever on the Bucharest Stock Exchange. [via YahooNews] More >>

Romania Starts Record Petrom Share Sale in Bucharest to Attract Investors [Jul 11, 2011] Romania will seek to lure international buyers to its 2.56 billion-lei ($870 million) sale of shares in OMV Petrom SA (SNP) over the next two weeks, the biggest offering ever on the Bucharest Stock Exchange. [via YahooNews] More >>

Romania's OMV Petrom Second-Quarter Net Income Rises on Higher Oil Prices [Aug 04, 2010] OMV Petrom SA , Romanias biggest oil company, said second-quarter profit rose on higher oil prices. [via YahooNews] More >>

Romania to Sell Minority Stakes in Key Energy Companies [Apr 21, 2010] April 21 (Bloomberg) -- Romania plans to sell minority stakes in key energy companies, including OMV Petrom SA and utilities Transelectrica SA and Transgaz SA in nine months to fund infrastructure projects. [via YahooNews] More >>