Iran hits back at India, tapping Russia’s Gazprom to develop its giant gas field
Tehran has picked Russian energy major Gazprom to develop the Farzad B gas field, discovered by India’s Oil and Natural…
UAE-Qatar gas pipeline remains open in spite of embargo
The UAE has avoided shutting down its natural gas pipeline with Qatar, despite closing air, sea and land links, due…
Oil prices – an indicator that does not lie (comment by Radu Crăciun)
The topic of global warming has reached its goal, says Radu Crăciun, president and general manager of BCR Pensii, in…
Oil falls for second day as concern grows over supply
Oil fell for a second day on Thursday to hit one-month lows after an unexpected surge in U.S. inventories and…
Virgil Metea was confirmed for another 4-year term as general manager at Romgaz
National gas producer Romgaz announced the renewal of the mandate contract of the General Manager Virgil Metea, for a period…
Oil slips on worries Mideast rift could undermine OPEC cuts
Oil prices slipped further below $50 a barrel on Tuesday on concerns that a diplomatic rift between Qatar and several…
Gazprom and OMV sign framework agreement on small-capacity LNG in Black Sea
The Austrian energy group OMV and the Russian group Gazprom signed a series of documents on Friday to develop their…
Roland Berger: The oil price will remain around $50 a barrel
Almost all oil-producing countries have overestimated the projected price for 2016. Last year, the three oil producing countries with the…
Seele, OMV: Q2 has been stable, positive
Austrian oil and gas group OMV has seen stable business in the second quarter, CEO Rainer Seele told reporters, after…