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ROMANIA

Romania: EBRD could join Black Sea exploration project

The European Bank for Reconstruction and Development (EBRD) is in discussions with the company Black Sea Oil and Gas (BSOG) to take over a stake in its gas exploration project in the Black Sea, the bank’s deputy director Mihnea Craciun said…

Romania: Lukoil involved in tax evasion case

Romanian prosecutors of the Anti-Organized Crime Directorate (DIICOT), the Bacau office, carried out searches in Bucharest and six counties last Friday, in a tax evasion case with a damage of over RON 9 million (EUR 1.9 million), which…

Romania: OMV Petrom fined by Environment Guard

OMV Petrom Romania company was fined with 60,000 lei by Olt County Commission of the National Environment Guard for the operation of 25 wells without the necessary documents. According to a press release of Tuesday, issued by Olt…