Exploration

Moves to block Russians from Black Sea oil deals cloud new licensing round

Industry body fears changes to Petroleum Law, which allow the government to refuse oil agreements to non-EU companies for national security reasons, could undermine investors' confidence

Centre point: a police officer stands outside the Romanian parliament building in Bucharest.
Centre point: a police officer stands outside the Romanian parliament building in Bucharest.Photo: AP/SCANPIX
London
Published 9 June 2020, 08:50Updated 9 June 2020, 09:57
RomaniaBlack SeaExxonMobilOMVPetrom