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Energy & Climate Change

Romania

With more than 450 energy and climate change lawyers, including over 100 partners, the CMS Energy and Climate Change practice is one of the largest of its kind in the world. Led from its centres of excellence such as London and Aberdeen, the practice works across 75 offices globally. Our early work in designing and implementing modern energy markets and subsequently guiding the sector in the push to decarbonisation means CMS is not only a transactional or project adviser to the sector, but uniquely placed to help shape its present and future.

A key driver of the global economy, the energy and climate change sector is affected by geopolitical, economic and regulatory pressures. You require advisors who understand your industry and work with leaders of energy companies, regulators, governments, industry bodies and investors on the cutting edge of commercial, regulatory and risk issues in the sector. Based across 15 jurisdictions in Central and Eastern Europe, we have been active in CEE since the beginning of the privatisation and liberalisation of the energy and climate change sector across the region.

We have helped to shape the sector by advising on the most high-profile and ground-breaking projects and transactions over many years. In Romania, CMS most recently helped re-shape the oil & gas specific tax law, successfully advocating for a reform in the way the oil & gas industry is recognised for tax purposes in Romania.

Our dedicated energy and climate change lawyers in Romania work in every part of the sector, covering the whole chain of the energy cycle, including upstream, midstream and downstream regulatory matters in the oil&gas sector and from greenfield projects to distribution, trading and supply in the electricity sector, as well as nuclear and renewables. Whether you are a NOC, IOC, independent, electricity company, investor, government or financial institution, we have the energy specialists to meet all your strategic challenges globally.

Our multi-disciplinary teams were among the first to advise on ground-breaking global oil & gas M&A and on power projects in Europe, to establish a single electricity market in Northern Ireland and the Republic of Ireland, lead historic electricity industry reform in Mexico, and work on renewable energy projects globally. We cover the full range of practice areas that you may require as an energy businesses - from regulatory and transactional support, to procurement, tax, environmental, disputes, employment, technology and competition assistant.

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CMS Ex­pert Guide to Con­sequen­tial Loss in the En­ergy...
23 Mar 20
Ro­mania an­nounces state aid to tackle fall out from the coronavir­us...
  On 21 March 2020, the Ro­mani­an gov­ern­ment passed Gov­ern­ment Emer­gency Or­din­ance no. 29 (GEO), which sets down meas­ures to pro­tect small and me­di­um-sized sup­port com­pan­ies dur­ing the COV­ID-19 out­break....
CMS Ex­pert Guide to Re­new­able En­ergy
17 Mar 20
Ro­mani­an state of emer­gency - over­view of meas­ures
On 16 March 2020, the Ro­mani­an Pres­id­ent de­clared a state of emer­gency for the next 30 days to lim­it the spread of COV­ID-19 and man­age its ef­fects. The Pres­id­en­tial De­cree sets out cer­tain emer­gency meas­ures...
06 Mar 20
Ro­mania passes new rules for pet­ro­leum con­ces­sions ac­quis­i­tions and...
On Feb­ru­ary 27, the Ro­mani­an gov­ern­ment en­acted Gov­ern­ment Emer­gency Or­din­ance (GEO), which amends Pet­ro­leum Law no. 238/2004 and trans­poses art. 2 para (2) of 94/22/EC Dir­ect­ive on the con­di­tions for...
22 Jan 20
Oil & Gas/Ship­ping - Time bars and sup­port­ing doc­u­ments in de­mur­rage...
In Tankreederei GmbH & Co KG v. Marubeni Cor­por­a­tion (the “Amalie Ess­ber­ger”) [2019] EWHC 3402 (Comm), the Com­mer­cial Court de­cided that the Own­er of a Ves­sel was not time barred from bring­ing a de­mur­rage...
16 Jan 20
Ro­mania makes changes to elec­tric­al sec­tor leg­al frame­work to align...
Ro­mania re­cently en­acted sec­ond­ary le­gis­la­tion for the im­ple­ment­a­tion of EU Reg­u­la­tion 2019/943 for the in­tern­al mar­ket in elec­tri­city. In Decem­ber 2019, the Ro­mani­an Na­tion­al En­ergy Reg­u­lat­or (ANRE)...
14 Jan 20
Ro­mania takes first steps to­wards en­ergy mar­ket lib­er­al­isa­tion
Early this Janu­ary, the gov­ern­ment has de­cided to void some meas­ures ad­op­ted al­most a year ago re­gard­ing the en­ergy mar­ket (please see our Law-Now art­icle on this top­ic). Gov­ern­ment Emer­gency Or­din­ance...
06 Jan 20
Land­mark cli­mate change judg­ment: Dutch gov­ern­ment again com­pre­hens­ively...
On 20 Decem­ber 2019, the highest court (Su­preme Court) in the Neth­er­lands dis­missed the Dutch Gov­ern­ment’s fi­nal ap­peal in the land­mark cli­mate change case, Ur­genda Found­a­tion v The Neth­er­lands. This...
11 Dec 19
A huge mo­ment for busi­ness: European Green Deal
After much an­ti­cip­a­tion and am­bi­tious prom­ises from the in­com­ing EU Com­mis­sion Pres­id­ent Ur­sula von der Ley­en, the European Com­mis­sion today an­nounced the con­tent of its European Green Deal. No one should...
20 Nov 19
Oil and Gas / Ship­ping: The leg­al rem­ed­ies for breach of a re­strict­ive...
Sum­mary In Priy­anka Ship­ping Lim­ited v. Glory Bulk Car­ri­ers Pte Lim­ited (the “Lory”) [2019] EWHC 2804 (Comm), the Com­mer­cial Court was asked to con­sider the rem­ed­ies avail­able to ad­dress a breach...
15 Nov 19
Brexit and data pro­tec­tion: what to do next (when you don’t know what’s...
Whilst the threat of a no-deal Brexit has been aver­ted for now, the fu­ture is by no means cer­tain. We have high­lighted some of the key is­sues for UK-based or­gan­isa­tions, and the EEA or­gan­isa­tions that...