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…
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Exploration & production
Ukraine region approves Chevron shale gas deal
Ukraine’s government on Friday moved closer to a new shale gas deal for the country when a regional council approved…
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…
Wintershall Pushes for Shale Gas Legislation in Germany
German supplier and explorer Wintershall Holding restated its endorsement to shale gas, claiming that it could have positive consequences on…
Mineral Resources’ Exploitation Might Impede Romania’s Development
###author### The countries that are resource-rich like OPEC cartel member states, Russia, Nigeria, etc., failed to create diversified economies and…
Conpet Enters BSE’s First Category to Finance Its Pitesti-Pancevo Pipeline
For the shareholders of Conpet, the company’s listing on the first tier of the Bucharest Stock Exchange (BSE) is a…
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…
Poland began exploitation of shale gas
Lane Energy, a company controlled by US group ConocoPhillips, began extracting shale gas from a well near Lebork, northern Poland,…
Statoil could extract gas at half the cost
In a quest to tap huge gas reserves worth an estimated 30 billion dollars, the norwegian company launched in mid-August,…
Ukraine, Romania to sign gas trade agreement in October
The Ukrainian Government wants to import natural gas from Romania, and a trade agreement in this sense might be signed…