Exploration & production
Romgaz: Investments of 1.6 billion lei in 2018 and diversification plans in CNG, renewable and petrochemicals
Romgaz estimates for this year an operating profit of 4.57 billion lei, down 8.1% from the preliminary value of the…
Investors pile into Gazprom bond sale
Just as Prime Minister Theresa May was spelling out the U.K.’s response Wednesday to the poisoning of a former spy…
Iulian Clişeru temporarily takes the chairman position in ACROPO after Iulian Offenberg’s revocation
Prime Minister Viorica Dăncilă has decided to revoke Iulian Offenberg from the position of Chairman of the Competent Authority for…
KMGI profit grew six times, looks for new opportunites in the Black Sea region
KMG International group, the owner of the Romanian Rompetrol, has made an USD 80 million worth net profit net, last…
The story of the sole frost episode of this Winter; some numbers from Transgaz and 5 questions
Several days of frost have revealed the lack of flexibility of the national gas system, not enough prepared to cope…
Saudi Aramco signs preliminary gas deal with Shell
State oil giant Saudi Aramco signed a preliminary deal to pursue international gas opportunities with Royal Dutch Shell on Thursday…
Exxon woos Wall Street with bold plan to double earnings by 2025
Exxon Mobil Corp, the world’s largest publicly traded oil producer, said on Wednesday it expects earnings to more than double…
OPEC’s Barkindo on lost $1 trillion energy investment: ”Sowing seeds for future global energy crisis”
OPEC Secretary General Mohammad Barkindo said one of the most important issues the energy industry currently faces is a lack…
Transgaz: The basic principles for the future entry-exit system in the natural gas market
According to a document from Transgaz, the proposed entry-exit system creates the premises for increasing the liquidity of the natural…
MOL group, first steps towards renewables with 18 MW of solar
MOL announced plans to build solar power plants in three of its industrial sites located in Hungary. The project supports…
US will overtake Russia as top oil producer by 2019, says the International Energy Agency
The United States will overtake Russia as the world”s biggest oil producer by 2019 at the latest, the International Energy…
Black Sea gas and international expansion are the answers for the future of OMV Petrom
Over the past 12 years, the company has invested over 13 billion euros, said Mariana Gheorghe, CEO of OMV Petrom,…
EU’s Vestager says in talks with Gazprom for ending the antitrust investigation
The EU’s competition supervisor is discussing the outcome of market feedback with Russian gas supplier Gazprom following “critical” comments from…
