News
Winstar begins drilling this November at Moftinu, Satu Mare
Winstar Satu Mare SRL, a wholly-owned subsidiary of Serinus Energy, will start this November drilling at Moftinu, Satu Mare. Canada…
Hungary’s MOL gearing up for another acquisition
Hungarian fuels group MOL may soon be making a new acquisition, as the sale of German RWE’s oil and gas…
The Court of Auditors places energy investments and production costs under investigation
Romania’s Court of Auditors placed under investigation for nearly a month the investments claimed to be realized by grid operators,…
EC: Romania, affected by an interruption of Russian gas
The European Commission has announced that nine EU countries will suffer this winter if Russia completely cuts off the gas…
WTI Crude Falls Below $80 for First Time Since June 2012
West Texas Intermediate crude fell below $80 a barrel for the first time since June 2012 amid speculation rising U.S.…
Public opinion urges UK to accept energy efficiency targets
The United Kingdom has been urged by British civic leaders and NGOs to drop its opposition to a binding energy…
EC approved the exception from green certificates for industrial consumers of energy
European Commission (EC) approved the support scheme for large energy consumers in the industry, said Economy Minister Constantin Niță, in…
Panfora will pay leases to land owners for accesing fields
###author### Panfora Oil&Gas will pay leases to land owners to access the field needed for traditional hzdrocarbons explorations, the company…
RADET-Elcen merger was approved by the Bucharest City Council
The merger of RADET with Elcen, which, according to the municipality of Bucharest, will solve the city’s heat problems, was…
Russia’s Gazprom second quarter net profit up 13 percent
Russian gas producer Gazprom said on Tuesday its second quarter net profit was up 13 percent to 227.6 billion roubles…