John Knapp: Without regulatory stability, Black Sea investments aren’t going to happen
This is the transcript of the message delivered by John Knapp, Managing Director at ExxonMobil in Romania and Chairman of…
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Gheorghe Duțu: We work with major oil and gas operators to improve the legislative framework
This is the transcript of the message delivered by Gheorghe Duţu, President of the National Agency for Mineral Resources (NAMR),…
Bavaria opposes local nuclear waste storage plan
The German government has settled with the country’s four nuclear companies on four interim storage facilities for radioactive waste that…
Romania asked an extension to the mine closing schedule
The most important thing that was requested to European Commission’s (EC) delegation was to get support for extending the deadline…
Lukoil looks for oil in two new offshore drillings at the Black Sea
Lukoil plans to drill by the end of year two oil wells in Romanian waters of the Black Sea, said…
Shedding off the special tax and the extra-excise would create a 710 million euro deficit
The reason behind European Commission (EC) and International Monetary Fund (IMF) opposition to the new changes in the Fiscal Code…
Energy market liberalization – opportunity to build new types of businesses (Energy Breakfast Club, 24th June)
From the integrated analysis of the evolution of competitive electricity market in Romania, and of centralized trading platforms introduced, we…
ABIEC: GC payment exemption creates distortions, but protects employment
The support scheme that institutes an exemption from the payment of green certificates (GCs) in various percentages is implementing the…
Oil steadies over European optimism on Grexit
Oil prices was flat on Tuesday as stronger European economic data and optimism a deal will be struck between Greece…
Rompetrol Rafinare invests a further 11 million dollars into environmental protection
Rompetrol Rafinare, a KMG International member-company, has invested over 11 million USD for putting into operation the first electrostatic precipitator…
Enel’s revival, not enough to satisfy investors
Francesco Starace increased profits at Italy’s biggest power company since he became chief executive officer of Enel SpA and that…