British Petroleum, ordered to record restoration payments by the US government
US federal government announced the details of the payments which oil corporation British Petroleum (BP) will have to make to…
Andrei Gerea: KazMunayGas – Rompetrol project is still supported at all levels in Kazakhstan
Completion of the Memorandum regarding Rompetrol was the main topic of talks held between Minister of Energy, SMEs and Business…
Energy Transfer buys Williams for 33 billion dollars
Pipeline giant Energy Transfer Equity will buy rival Williams Cos in a deal valued around 33 billion dollars, nearly a…
PBF Energy to buy Exxon Mobil’s Torrance refinery
PBF Energy Inc said it would buy Exxon Mobil Corp’s refinery in Torrance, California and restore it to full working…
Shell looks for oil and gas in the Bulgarian Black Sea coast
Bulgaria has selected the Anglo-Dutch group Royal Dutch Shell to explore oil and gas in the Black Sea and the…
Epstein to invest 350 million dollars in an oil terminal in Constanța
A consortium of companies, mainly with American capital wants to lease land in Constanta, for the construction of an oil…
Shell chairman: We won’t abandon energy, but we will evolve
Shell, the leader in oil and gas, says it will pursue solar power and other alternative energy—if that’s where the…
ELCEN agreed with Romgaz to stagger debt
Electrocentrale Bucuresti (ELCEN) agreed with Romgaz to make payment installments, therefore, from 16 October, so the Bucharest inhabitants can have…
KazMunayGas sells French fuel distributor Dyneff
The state company KazMunayGas from Kazakhstan, owner of the Petromidia refinery at Năvodari sells the fuel distributor Dyneff from France,…
China’s record diesel exports sends the market into turmoil
China exported a record volume of the fuel last month, after already shipping unprecedented amounts of steel and aluminum overseas.…
MOL launches a new international program for luring in young talent
The MOL Group launches the second edition of the international program for attracting young talent UPPP. The motto of this…
