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PM: Romania To Apply Royalties For All Natural Resources Starting 2014
Romania will apply royalties for all is natural resources starting next year and will raise them to average royalty rates in the European Union, Prime Minister Victor Ponta said Thursday.
Ten Largest Oil Companies In Romania See Revenues Up EUR1B In 2012
The revenues of the 10 largest oil companies in Romania rose by over EUR1 billion last year to almost EUR14 billion, on a market where fuel demand fell by around 2%-3%.
Ranking Of Largest Companies In Romania
Oil, car manufacturing and food retail are the industries that supply the biggest number of top-ranking companies in the Romanian economy. The top ten players had sales of EUR20 billion last...
Details Of Bunge-Prio Transaction Set Benchmark for Future Deals
Agribusiness group Bunge revealed the financial details of its acquisition of 55% in a Romania-based vegetable oil and biodiesel plant from Prio Foods in the second half of 2012.
Minister: Romania Should Raise Oil, Natural Gas Royalties To At Least 20-30%
Romanian Minister-delegate for Energy Constantin Nita said Saturday Romania should increase royalty rates for oil and natural gas to at least 20-30% to reach European Union levels.
Romanian Government, OMV Petrom In Talks On Energy Royalty Rates
Romania’s Government and oil company OMV Petrom (SNP.RO) have recently started talks regarding royalty rates for oil and natural gas, Mariana Gheorghe, CEO of the company, said in an intervi...
Romanian Gas, Electricity Companies To Pay New Tax On Revenue As Of 2013
Romania’s planned tax on extraordinary revenues in the natural gas and electricity market will be implemented as of January 2013, according to the country’s latest memorandum of economic and...
Petrom, Part Of Consortium Picked By Ukraine For Black Sea Exploration
Ukraine has selected a consortium formed of ExxonMobil, Shell, Romania’s OMV Petrom (SNP.RO) and Nadra Ukrainy national joint-stock company for hydrocarbon exploration in the Skifska field o...
Oil Price Falls 24% In Three Months, Gasoline Price In Romania Up 2%
No local oil company has announced plans to cut pump prices, despite the drop of the Brent oil barrel below $100 in the past week, to the January 2011 level, and despite the 24% decline reco...