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EU competition watchdog examines MOL and OMV's Slovenian deal

By Foo Yun Chee BRUSSELS, June 23 (Reuters) - EU antitrust regulators on Thursday opened a full-scale investigation into Hungarian oil and gas group MOL's MOLB.BU proposed acquisition of Austrian rival OMV's OMVV.VI Slovenian operations, concerned that the deal could hurt competition. MOL and Croatian oil and gas company INA INAI.ZA , the biggest s
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Europe may shift back to coal as Russia turns down gas flows

* Germany may take 'painful' move to fire up coal power * Italy, Austria also looking at burning more coal * Surging gas prices add to already rising inflation By Vera Eckert and Francesca Landini FRANKFURT/MILAN, June 20 (Reuters) - Europe's biggest Russian gas buyers raced to find alternative fuel supplies on Monday and could burn more coal to co
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OMV informed by Gazprom of gas delivery reductions -spokesperson

VIENNA, June 16 (Reuters) - Austrian oil and gas group OMV OMVV.VI said Russia's Gazprom GAZP.MM has informed it of a reduction in gas deliveries, but the supply for customers is secure, a spokesperson said. OMV will replace the amount, if necessary, from storage and from the spot market, the spokesperson added. Reporting by Alexandra Schwarz-Goerl
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Romania tweaks tax law to spur offshore Black Sea gas investments

* Industry says law ensures stability, fiscal framework * First gas to come out of Black Sea in June * Possibility for temporary price and sales limits a concern BUCHAREST, May 18 (Reuters) - After years of stalling, Romanian lawmakers approved legislation on Wednesday to reduce taxes on future income from offshore gas projects, hoping it would unl
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Romania tweaks tax law to spur offshore Black Sea gas investments

BUCHAREST, May 18 (Reuters) - Romanian lawmakers approved legislation on Wednesday to reduce taxes on future income from offshore gas projects, hoping to unlock investment in the Black Sea to extract the country's sizeable gas reserves there. The European Union state has an estimated 200 billion cubic metres of gas in the Black Sea, but a high tax
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