Exploration & production
Sorin Gal: Half of the gas production will be exported and the royalties will be paid at the real price
Sorin Gal, General Manager in the National Agency for Mineral Resources (ANRM), estimated that half of the domestic gas production…
The European Federation of Energy Traders warns against trading all natural gas production on a single market platform
While the deregulation as of April 1st 2017 of the natural gas production price for households and heat for households…
Works at BRUA could begin in the first part of November 2017
The European Bank for Reconstruction and Development (BERD) has expressed its satisfaction with the way it cooperates with the Ministry…
OMV Petrom Group doubled its profit in the first three months of 2017 to 618 million lei
OMV Petrom posted a net profit of 618 million lei, after the first three months of the year, which is…
Top oil trader warns shaky demand risks thwarting OPEC’s aim
OPEC and its allies are seeking to pump less for longer in a quest for higher prices. The world’s biggest…
Gazprom adds new gas reserves, auctions
Russia’s gas giant Gazprom expects to add major new domestic gas reserves this year, and may hold more auctions to…
Iran will go along with whatever OPEC decides on crude cutbacks
Iran will go along with whatever decision OPEC makes at its meeting later this month on whether to extend oil…
Trump lifts up Arctic leasing ban for exploration of hydrocarbons
President Donald Trump will instruct the Interior Department to revise the Obama administration’s five-year plan for developing federal waters. His executive…
Halliburton gains from surge in North America drilling
Halliburton Co (HAL.N) reported quarterly profit and revenue that edged past analysts’ estimates as a surge in drilling activity in…
