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Oil & Gas Renewable Electricity Mining

0 Varinia Radu partner CEE, Head of Oil and Gas, Deputy CEE Energy Coordinator CMS Cameron McKenna

Oil and Gas in Romania: practical hurdles of a growing industry

The oil and gas industry is vital due to its role in contributing to the long-term energy needs of society. Energy producers must, therefore, operate safely and responsibly, showing concern for the natural environment and considering their socio-economic impact on local communities. However, in the continuous struggle to provide the market with sufficient hydrocarbons, oil and gas companies undertake a great amount of uncertainty and risk, both operationally and financially. Access to data In Romania, certain...