Revised offshore hydrocarbon law to offers better conditions for investors – Romania, 27 September 2019

A study by local law firm BirisGoran at the request of the Oil and Gas Employers’ Federation (FPPG) shows that the Romanian state will retain 60 % of the profits generated by offshore gas exploitation projects, according to the amendments to the offshore law drafted by the Energy Ministry, down from Full article available for […]

Romgaz could acquire 20 % stake in Greek LNG project – Romania, 27 September 2019

The shareholders of Romanian natural gas producer Romgaz approved in principle the purchase of a 20 % stake in the project for the construction of liquefied natural gas (LNG) terminal in Alexandroupoli in northern Greece. The price to be paid for the stake is around 400,000 euros, but Romgaz is a Full article available for […]

EPCG bought another package of A2A’s shares for 53 million euros – Montenegro, 27 September 2019

Montenegrin power utility EPCG bought another package of 11.8 million shares owned by Italian company A2A for 52.87 million euros. This transaction is in accordance with the decision of the Shareholders’ General Meeting held on 30 August. In July 2017, Italian company A2A has offered its stake in Full article available for subscribers of Energy […]