The Romanian government has amended Electricity and Gas Law 123/2012 through an emergency ordinance published in the Romanian Official Gazette on 1 July 2020. As a result of the ordinance, the main changes in the natural gas sector include a gas-release… Read moreRomania amends electricity-gas law
Early this January, the government has decided to void some measures adopted almost a year ago regarding the energy market (please see our Law-Now article on this topic). Government Emergency Ordinance 1/2020 (GEO) provides for amendments applicable to previous fiscal-budgetary measures targeting… Read moreRomania takes first steps towards energy market liberalisation
After a lapse of almost ten years, the Romanian government just launched a public tender for the exploration, development and production operations of 22 onshore and six offshore blocks within Romania’s territorial waters of the Black Sea. The blocks vary… Read moreRomanian oil and gas – new licensing round for upstream onshore and offshore
Following the controversial measures in the energy sector in the wake of Government Emergency Ordinance 114/2018 (“GEO 114”), the Government has recently decided to further reform the sector with the aim of strengthen the security of supply for the household… Read moreUpdates in the Romanian Oil & Gas and Power Sectors
The Romanian energy sector continues to search for stability and predictability due to the passing of Government Emergency Ordinance 114/2018 (“GEO 114”), which introduces several tax and regulatory measures for various major industries – including the energy sector. The main… Read moreFurther changes in the Romanian energy sector
