Băsescu rejects new fuel excise, IMF awaits its replacement with other measures
After President Traian Basescu decided to reject the additional excise duty tax of 7 cents per liter of fuel, the…
EU refineries must invest billions of euro to change production mix
There is widespread agreement on the problem facing Europe’s troubled oil refining sector but no consensus about how to solve…
Chevron returns to Pungești exploration amidst new protests
Chevron Romania decided to resume operations on Monday at the location of the first exploration of wells of shale gas…
Sayma Robbie appointed new Country Manager for Romania
###author### Sayma Robbie, Vice President of Subsurface in the IES Technical Directorate, recently relocated to Bucharest to become the Country…
China will launch two carbon trading exchanges in Shanghai and Beijing
China will launch two new pilot carbon trading schemes in Beijing and Shanghai in December to cut its rising rates…
Natural gas prices will grow by 1% for households starting January 1st
The ANRE president stated on Thursday that the rise of gas price for the domestic consumers forecast for January will…
The limitation of Iran’s nuclear program leads to a drop in oil prices
The agreement signed in Geneva between Iran and the P5 +1 group of countries – U.S., UK, Germany, France, Russia…
Petrom will start next year the construction of a second rig in the Black Sea
Petrom, the largest local company, shall start the works for the second exploration well at high depth from the Black…