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,…
Oil gains more than $2 on possible Syria strike, Brent above $117
Oil rose more than $2 a barrel on Wednesday, with Brent pushing above $117 and the U.S. benchmark soaring to…
Iulian Chifu: Romania has the chance to become the main gas supplier for Republic of Moldova and even Ukraine
###author### Not often a state happens to stumble upon the right mix of internal and external condition and to use…
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…
Brent crude stays above 109 dollars
Brent crude oil hovered near 110 dollars a barrel on Thursday as upbeat data from Europe and China kindled hopes…
Russian Stroytransgaz to build overland balkan sections of South Stream
Russian company Stroytransgaz is preparing to sign contracts for the construction of the overland sections of the South Stream gas pipeline on the…
US experience in gas and smart grid, not available for Europe
###author### In the last few years US registered a boom in natural gas production, from shale gas deposits exploitation. Of…
Ukraine region rejects Chevron shale gas deal draft
A local council in Western Ukraine voted against a draft production-sharing agreement with Chevron. The draft received critics that essentially…
Power and Utilities Q2 Global Deals Reached USD 33 billion
Q2 2013 emerged as an exciting quarter for the global power and utilities (P&U) sector. While volume remained flat, there…
Increased Profits for the State Energy Giants Ahead Stock Exchange Listings
Only three of the energy companies entered the top 10 most profitable companies listed on Bucharest Stock Exchange, based on…
Transgaz and OMV lend 7.5 million euros to Nabucco
Romanian state-run natural gas transporter Transgaz and Austrian oil and gas company OMV AG will provide a loan of up…
OMV pays a record 2.65 billion dollars for Statoil North Sea oil fields
Norway’s Statoil has sold to OMV 19 percent of Gullfaks oil field, 24 percent of Gudrun and agreed optional cooperation…
Exports of U.S. oil,gas and coal have doubled in the last three years
US exports of petroleum and petroleum derivatives, natural gas and coal have doubled in the last three years, reaching 110.2…
Atlas Copco Buys British Vacuum-Pump Maker Edwards for $1.2 Billion
Swedish engineering group Atlas Copco said on Monday it would acquire British industrial technology firm Edwards Group for up to…
Romania may use its relationship with Poland for the regional integration of its gas market
###author### Romania has the benefit of having a balanced energy mix, and the perspectives for development of an enlarged pool…
energynomics.ro Enters Partnership with BRIDGE to Encourage British-Romanian Businesses
All the editorial content available on www.energynomics.ro will be even more accessible for the British companies after partnership that will…
OMV Petrom to turn into oil storage facilities a part of Arpechim storage installations
OMV Petrom CEO Mariana Gheorghe said the company will transform a part of Arpechim Pitesti refinery in an oil deposit.…
OMV Petrom’s First-Semester Net Income Increases 18 Percent; Sales fall 5 Percent
OMV Petrom SA, Romania’s biggest oil company, said its first-semester profit rose 18 percent because of stable production. Net income…
OMV Petrom close to start preliminary works at Skifska field
A Ukrainian senior official says that a production sharing agreement (PSA) could be signed in the next three months to…
Over 4 million RON loss for Oil Terminal in the first semester
The state-own company Oil Terminal Constanța ended first semester with a turnover of RON 48.9 mln, down 7,2% compared with…
Work in Progress for TAP and the Shah Deniz Consortium
Trans Adriatic Pipeline (TAP) has submitted its Environmental and Social Impact Assessment (ESIA) to the Ministry of Energy, Environment and…
Petroceltic to spud exploration well offshore Romania
Beach Energy announced that its partner Petroceltic is planning to spud the 01RX Cobălcescu South exploration well in Block EX-28, offshore Romania, during…