Russia’s oil production will increase this year by 0.8%
Russia’s oil production will exceed this year the 2014 level by 0.8%, according to the estimates by the State Duma,…
European Gas Conference 2016
The European Gas Conference is the annual meeting place for the EU gas industry at the heart of Europe. It…
Fondul Proprietatea receives more than 100 million euros for 4.15% of Romgaz
Fondul Proprietatea (FP) sold through an accelerated private placement 4.15% of the stakes in Romgaz, more than initially planned, for…
KMG International made profits of 11.4 million dollars to nine months
KMG International (former Rompetrol Group) recorded in the first nine months a net profit of 11.4 million dollars, compared to…
Iran asks OPEC to reduce oil production for the prices to climb
OPEC member states should cut oil production for prices to climb to 70-80 dollars per barrel, said the Iranian oil…
ROPEPCA: Oil and gas investments depends on the long-term stability of the fiscal framework
For more than five years, the International Monetary Fund (IMF) urges Romania, through the arrangements made for financial stability, to…
E.ON sells oil and gas assets in Norway for 1.6 billion dollars
The German utility Group E.ON, has entered into an agreement to sell the exploration and production activities in Norway to…
A gas reservoir of 30 billion cubic meters, discovered in the Black Sea
Lukoil, PanAtlantic and Romgaz claim to have discovered in the Romanian Offshore perimeter, a gas deposit currently estimated to at…
MOL opens 12 filling stations in Romania this year, invests in oil exploration
MOL will open this year in Romania 12 gas stations in addition to the Agip stations purchased from the Italian…