Latest news

Romania: Chevron won the approval to start shale gas exploration

US oil giant Chevron obtained permits to drill exploration wells for shale gas in the areas in eastern Romania. Chevron will explore for shale in three blocks of 670,000 acres near the Black Sea. The permits will consent to Chevron to drill at depths of between 10 and 15 meters within an area that measure 1,800 square kilometers.

read more... 12/07/2013


U-turn: Chevron gets green light to explore shale gas in Romania

The Romanian shale gas policy made a U-turn after the government allowed the oil giant Chevron to explore shale gas in the Romanian Black Sea coast.

read more... 17/05/2013


Romania intends to cut support to renewable energy

Romanian energy market regulator ANRE, has announced on Friday, that Romanian government will cut its support for renewable energy, in particular for wind, solar and small hydro renewable energy projects. Romania's support scheme gives renewable power producers green certificates for each megawatt produced. Providers must get a rising percentage of the power they sell from renewable energy and buy certificates to meet these goals.

read more... 02/04/2013


Romania: shale gas a priority of the country’s energy policy

In recent weeks the Romanian government is announcing changes in its move toward the exploration and extraction of unconventional gas deposits, while Prime Minister Victor Ponta has begun to talk in positive terms about shale gas, recognizing it as a priority of energy policy.

read more... 19/02/2013


Chevron gets green light to explore shale gas in Romania

The American energy giant Chevron got the green light for the shale gas exploration in the eastern part of Romania, a major U-turn from the decision taken last April to suspend Chevron’s exploration activities.

read more... 05/02/2013