OMV Petrom eyes 1 billion euro investment next year, shale gas
Romania’s top oil and gas company Petrom plans to earmark about 1 billion euros for investment next year and could…
Rompetrol spends millions of dollars to facelift its gas-stations. It started from Otopeni.
The Rompetrol Group, through the local retail division Rompetrol Downstream, launches today a new concept of gas-filling stations, following the…
The hand-dug oil wells are the birth of Romanian oil industry
Author: Marius Furcuța The hand-dug wells in Romania are highly interesting relics of a period which is now relegated to…
M. Mitroi (Prospecțiuni SA): All Effects Disappear After the Exploration Ends, the Land Is Left As It Was
Prospecțiuni SA continues soil exploration activities in Sibiu County, for the discovery of new reserves of conventional hydrocarbons. Operations occur…
The unequal energy partnership estranges Russia and Ukraine
Ukrainian Prime Minister said Friday that an unequal energy partnership between Russia and the Ukraine is driving the two former…
Crude dips; Syria debate provides a floor
Brent crude held above $115 a barrel on Wednesday as U.S. lawmakers’ support for military action against Syria revived concerns…
Energy Companies Lead the Way in COFACE’s CEE Top 500
Ranked by both turnover and number of companies, the oil and gas sector leads the sector ranking. nevertheless, the 65…