The Ministry of Finance proposes capping the price of natural gas from domestic production for 3 years
UPDATE (July 23, 2018) On Friday, July 20th, the Ministry of Public Finance (MFP) withdrew the project for the capping…
MPs sent the gas companies back to the drawing board. Will they be back?
The Chamber of Deputies, in extraordinary session, passed by final vote the draft Law on some measures necessary for the…
Valentin Kunev (BBSPA): With gas projects, it is about evolutionary rather than revolutionary changes
Balkan and Black Sea Petroleum Association BBSPA held recently its annual conference in Bucharest, a two days event with over…
GEO 64/2016 becomes law in the form proposed by the Government, sensitive changes have been moved into law 123
Parliament approved by law the GEO 64/2016, a decision welcomed by Energy Minister Anton Anton as a consensus that “strengthens…
New delays threaten investments estimated at USD 22.3 billion
Offshore Law approaches adoption in Parliament. Streamlining the clearance process for the energy projects at the Black Sea would blaze…
Change of paradigm on the natural gas market in the region
The Romanian oil and gas industry is enthusiastically living the dawn of a new era – the commercial exploitation of…
Exxon Mobil speeds up energy trading to boost profit
Exxon Mobil Corp is pushing deeper into energy trading, building a global cadre of experienced traders and beefing up risk-management…
The MET Group takes over RWE Energie Romania and enters among top suppliers in the competitive market
MET and Innogy groups (ELMŰ-ÉMÁSZ) signed an agreement on the acquisition by the MET of RWE Energie (RWEE) Romania, owned…
Dutch court approved Naftogaz petition to freeze Gazprom assets in Holland
Ukraine’s Naftogaz said on Tuesday that a Dutch court had approved its petition to freeze Gazprom assets in the Netherlands…
Hajdinjak: Black Sea gas will ensure Romania’s energy security
The gas to be extracted from the Black Sea will be more expensive, but will strengthen the country’s energy security…
Preventing imbalances on the gas market
A few days of freezing weather have uncovered the lack of flexibility in the national natural gas system and have…