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Exploration & production
Sorin Gal, NAMR: 2016 may be the first year when we begin to terminate oil agreements
In 2016, the trend is to reduce investments, signalized Sorin Gal, General Director of the National Agency for Mineral Resources…
OMV Petrom posts its first anual loss – 690 million RON
The collapse of global oil prices has hit the results of OMV Petrom in 2015. The group’s integrated business model…
ROPEPCA critical for NAMR raising the tariff for oil transportation
Romanian Association of Petroleum Exploration and Production Companies (ROPEPCA) claims the tariff increase charged by the state company Conpet for…
ExxonMobil’s earnings halved in 2015
ExxonMobil Corp., the world’s largest publicly traded oil company, said its net income fell 50% in 2015 to 16.15 billion…
The World Bank: Oil could go as high as 37 dollars per barrel this year
The World Bank believes that oil will close at 37 dollars / barrel this year, down by 27% compared to…
Lukoil reduces investments, negotiates the sale of Baltic business
Lukoil plans to reduce investment this year with about 1.5 billion dollars from the amount previously expected, due to lower…