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

Anamaria Deduleasa

London

Romania Black Sea ExxonMobil OMV Petrom

Published 9 June 2020, 08:50Updated 9 June 2020, 09:57