Romania, Bulgaria, Hungary and Austria signed memorandum on BRHA gas pipeline – Region, 28 September 2017

Romanian Minister of Energy Toma Petcu said in the press conference that Romania, Bulgaria, Hungary and Austria have signed a memorandum in Bucharest on the completion of the BRHA gas pipeline project. Minister Petcu said that BRHA project is in a very advanced phase, the building permit has been issued and the procedures for the […]

J&T withdraws from Petrol ownership – Slovenia, 27 September 2017

Slovak investment fund J&T has offered its stake in Slovenian energy company Petrol to state holding company SDH, the largest stakeholder in Petrol. J&T is currently the second largest stakeholders with 12 % of the shares. According to Slovenian media, J&T has already informed the management of Petrol on its withdrawal from the ownership structure […]

Romanian Senate’s Committee removed extra excise on fuel – Romania, 27 September 2017

The Romanian Senate’s Budget Committee has voted to remove extra excise on fuel that was to come into force on 1 October. In late August, Romanian Government approved the decision to increase excise taxes on fuel in two stages, from 15 September and then from 1 October, to reach 0.03 euros per liter. Full article […]