European Commission warns Bulgaria to suspend South Stream
Commission President José Manuel Barroso made it plain that the EU executive would impose infringements on Bulgaria regarding the Gazprom-favoured…
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Exploration & production
Petroceltic finds no commercial quantities of hydrocarbons in Muridava-1 well
Petroceltic International announced disappointing outcome from some of its exploration wells in the Kurdistan Region of Iraq, Romania and Egypt.…
Exxon Mobil expands cooperation with Rosneft, in spite geopolitical of tensions
Texas-based oil giant ExxonMobil and Russia’s state-controlled oil company Rosneft shook hands Friday while the U.S. and European nations continue to discuss…
Gazprom CEO says China gas deal will affect European market
Russia’s landmark deal to supply natural gas to China will affect prices in Europe and have an impact on international…
Petrom to pay between 13 and 205 million euro for drilling operations in Galati
Petrom, the largest oil producer in the country, will spend up to 200 million for drilling an old reservoir in…
FIC: Special Construction Tax will create major distortions, it should be reviewed
Foreign Investors Council (FIC) argues that the introduction in the current form of a special construction tax, known as the…
ExxonMobil spends over 100 million dollars for operations in the Black Sea
ExxonMobil’s involvement into the exploration operations in the Romanian Black Sea area gets a new financial wheight after the US…
Energy Breakfast Club – Romanian Black Sea Energy (June 11)
On Wednesday, June 11th, from 9 A.M., Energy Breakfast Club proposes a new informal meeting for you to discuss with…
Petrom’s business dwindle in T1; the group loses the seat of Romania’s leading company
Petrom Group announced the unaudited financial results for the first quarter of 2014, and the figures show that gross profit…
10 principles for the new Romanian energy strategy
Department of Energy (DoE) has synthesized the first phase of public consultation on the future national energy strategy in 10…
Chevron started drilling work in the village of Pungesti
Chevron Romania confirmed starting drilling activities at the exploration well near the village Siliştea – Pungesti , Vaslui County. “The…
Professional Development in Energy – WU Executive Energy Expert (20-24 October, 2014)
energynomics.ro and WU Executive Academy (part of Vienna University of Economic and Business) launch an innovative professional development program specially designed…
MOL Romania, close to a turnover of 1 bln. euros and increasing profit
MOL Romania, a member company of MOL Group, recorded in 2013 a turnover of approximately 979 million euros, up 5.1%…