OMV Petrom will make the decision to invest in the Neptun Deep project only in a year
The final decision on the investment in the Neptun Deep project in the Black Sea could be made in mid-2023,…
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Cătălin Niță, FPPG: More coordination is needed in the energy industry
The energy industry needs more coordination and the lack of a clear strategy is felt not only in Romania but…
Pavel Popescu: MPs who opposed the offshore law must be held accountable
Lawmakers who have opposed the offshore law over time must be identified and held accountable for working to the detriment…
Investments in Black Sea gas could bring Romanian budget 5 bln. lei annually
The budgetary impact of investments in Black Sea gas could be of 5 billion lei annually, according to the study…
Niță, FPPG: We look forward to seeing the Offshore Law in the Official Gazette
After several years of delays, the new Offshore Law has finally passed Parliament and was approved by the Chamber of…
Romania amended offshore law to allow exploitation of Black Sea gas
Romanian Energy Minister Virgil Popescu welcomed the favourable vote in the Chamber of Deputies, the decision-making body, and his parliamentary…
Offshore law was adopted by the Senate, Chamber of Deputies follows – as decision-making body
The Senate adopted on Wednesday, as the first chamber notified, the draft amendment to the Offshore Law initiated and assumed…
BSOG: The new offshore law does not eliminate the additional income tax that blocked investments
The new offshore law is still insufficiently satisfactory for investors, Black Sea Oil & Gas (BSOG) officials told Energynomics. They…
FPPG welcomes the governing coalition’s initiative to reintroduce Offshore Law in Parliament
The Oil and Gas Employers Federation (FPPG), an organization that brings together the main producers of natural gas, which covers…
Offshore Law: The Romanian state is the main winner, with up to 78% of net gains – AEI
The price of natural gas to the final consumer will not fall below the current price, and the state is…
Virgil Popescu: The Offshore Law has been and is a priority for me and PNL colleagues
The Offshore Law was submitted to the Parliament on Friday and will be adopted as a matter of urgency, and…
USR demands that the revenues from the Offshore Law reach Pillar 2 of pensions
USR MPs will submit, during the debates on the draft offshore law, an amendment so that the money obtained by…
Amendments to the Offshore Law reach Parliament; will they be enough?
The ruling coalition leaders have sent the offshore law in Parliament and are announcing the existence of a political majority…
Mark Beacom: BSOG does not rule out the possibility of taking legal action against the Romanian state
The American company Black Sea Oil and Gas (BSOG), from which Romania expects the first new gas from the Black…
Oana Bucur, FPPG: Changing the Offshore Law, essential in unlocking major investments
Energy producers consider it essential to amend the offshore law that would allow the unblocking of major investments, such as…
Ministry of Energy is in talks with many external partners to diversify gas sources
The Ministry of Energy has had numerous meetings with foreign partners to diversify gas sources and ensure independence from Russian…
New price control measures unveiled in Coalition on Tuesday – Offshore law to speed up
The reduction of VAT to 5 percent and the capping of suppliers’ profit margins to a maximum of 5% are…
FPPG: The natural gas in the Black Sea is the only solution for Romanian energy security
The natural gas in the Black Sea is the only solution for Romania to secure its access to energy, affirms…
PwC: Black Sea Natural Gas – Investments need to be made now
The subject of natural gas reserves in the Black Sea has been intensely debated in public space over time. The…
Energy Minister: Offshore law to be amended by summer
The offshore law will be amended by the end of this parliamentary session, meaning this summer, Energy Minister Virgil Popescu…
Alina Popa, OMV Petrom: Amendments to the Offshore Law should follow three important directions
OMV Petrom’s CFO, Alina Popa, considers that the amendments to the Offshore Law should follow three important directions. “The first…
Minister of Energy: Romgaz will submit an offer in the next two months for Exxon’s participation in the Neptune project
Romgaz will submit an offer to take over Exxon’s participation in the Black Sea deep gas project in the next…
C. Prună: Black Sea gas gains must be fair to both the state and investors
The gains from the exploitation of Black Sea gas must be fair, both for the Romanian state and for investors,…