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Agreement on Russian natural gas deliveries reached – Hungary, 19 September 2018

Hungarian Prime Minister Viktor Orban announced after the meeting with Russian President Vladimir Putin that Hungary has reached an agreement on Russian natural gas deliveries for both 2019 and 2020. PM Orban said he had asked President Putin to seriously consider extending the route of TurkStrea Full article available for subscribers of Energy NEWS service […]

New ANRE regulations will lower volume of investments in energy sector – Romania, 19 September 2018

The Romanian Federation of Associations of Energy Utility Companies (ACUE) has voiced concerns about the negative impact on networks and consumers of the methodology for determining electricity distribution tariffs and the lower regulated rate of return applied to these tariffs, recently adopted by Full article available for subscribers of Energy NEWS service (PDF publications, energy […]

Ruling party made key changes in draft hydrocarbon offshore law – Romania, 20 September 2018

Romanian ruling party PSD has accepted two key changes in the draft of hydrocarbon offshore law that are favoring large companies investing in the Black Sea offshore gas deposits. According to Romanian media, PSD proposed two amendments to the draft, which will allow investors to deduce their inv Full article available for subscribers of Energy […]