Kazakhstan resumes crude oil exports via CPC pipeline, also to Romania
Kazakhstan has resumed crude oil exports via the Caspian Pipeline Consortium (CPC) pipeline, after the consortium resumed accepting oil from…
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Chevron
Chevron and Quantum Capital Group offer 22 bln. USD for Lukoil’s international assets
American energy companies Chevron and Quantum Capital Group are preparing a $22 billion (20.3 billion euro) bid to acquire the…
The world’s 1st industrial DLE Hydrogen Gas Turbine in commercial operation was supplied by Kawasaki
Kawasaki Gas Turbine Europe successfully commissioned the world’s first commercial 30% DLE Hydrogen Gas Turbine Generator Set GPB17D-H2 at Chevron…
UN chief urges tax on ”grotesque greed” of oil, gas companies
United Nations Secretary-General Antonio Guterres slammed the “grotesque greed” of oil and gas companies and their financial backers and urged…
AEI: Romania should exploit shale gas, we need a strategy and correct information of citizens
The price of gas has risen, making shale gas exploitation profitable, and Romania has a huge chance to increase its…
Noble Energy shareholders approve sale worth USD 4.2 billion to Chevron
Noble Energy shareholders approved on Friday the transaction through which the gas and oil producer will be sold to Chevron,…
MOL Group reported an USD 152 mln. net loss in Q1
Today, MOL Group announced its financial results for Q1 2020. Large inventory and foreign exchange losses resulted in MOL reporting…
Danish pension fund excludes top oil firms from portfolio
Danish pension fund MP Pension said on Tuesday it would sell its stakes in 10 of the world’s biggest oil…
Onshore profile of the Black Sea countries – more at the 7th edition of the Black Sea Oil and Gas Conference!
In partnership with Global Data, Globuc – the organizers of the Black Sea Oil and Gas Conference (October 23-24, Bucharest)…
ANRM approves termination of contracts with Chevron
The National Agency for Mineral Resources (ANRM) officially approved the termination of concession oil agreements signed in 2011 by the…
Falling oil prices put new pressure on US energy sector
Throughout the US shale oil and gas boom of the past 15 years, one of investors’ greatest concerns has been…
Energy giants opening natural gas spigots, fueling profit rise
The world’s largest oil companies are pumping more natural gas than ever before, helping to spur a rise in profits…
Exxon woos Wall Street with bold plan to double earnings by 2025
Exxon Mobil Corp, the world’s largest publicly traded oil producer, said on Wednesday it expects earnings to more than double…
Dow Jones closed down almost 1,200 points; Asia was also in red today
The Dow Jones industrial average dropped 1,175 points on Monday, it’s largest point-drop in history, and its worst day in…
Chevron has to pay over 97 million dollars over how it left Romania
The total compensation that Chevron has to pay to the National Agency for Mineral Resources (ANRM) in the process won…
Shell buying spree cranks up race for clean energy
Royal Dutch Shell (RDSa.L) has spent over $400 million on a range of acquisitions in recent weeks, from solar power…
Big Oil flush with cash again, but no party yet
The world’s top oil companies are expected to generate more cash in 2018 than at any other time this decade…
Australia puts multinationals on notice after Chevron drops tax appeal
Chevron Corp has withdrawn an appeal to Australia’s High Court over a disputed A$340 million ($268 million) tax bill, leaving…
US shale industry is adapting to low oil prices; no shale gas explorations in Romania
Low oil prices wreaked havoc with US shale producers, but increasingly the industry appears to be adapting successfully to new…
