Tag: Black Sea

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 […]

Romania can become a regional energy platform – Romania, 18 September 2018

Speaking at the Three Seas Initiative Summit in Bucharest, Romanian President Klaus Iohannis said that Romania has the potential to become a regional energy platform with an essential contribution to the energy security in the region and in Europe. He also pleaded for an operational and robust trans Full article available for subscribers of Energy […]

Offshore hydrocarbon law to be adopted in three weeks – Romania, 12 September 2018

The leader of Romania’s ruling PSD party, Liviu Dragnea said that he had a tense discussion with the representatives of OMV and ExxonMobil, who said that they will make final investment decision regarding natural gas deposits in the Black Sea after the final form of new offshore hydrocarbon law is a Full article available for […]