Răzvan Popescu, Romgaz: I don’t see a long-term problem with the financing of Neptun Deep
Romgaz will need a financing mix for the Neptun Deep project, which must be very carefully done, and it will…
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Exxon Mobil
OMV joins large energy companies and withdraws from Russia
The Austrian group OMV announced on Saturday that it is withdrawing from Russia, being the latest energy company to make…
Exxon launches U.S. shale gas sale to kick-start stalled divestitures
Exxon Mobil Corp has begun marketing U.S. shale gas properties as it ramps up a long-stalled program that aims to…
Popescu: Law that prevents the privatization of Hidroelectrica, eliminated until July; offshore law, accelerated
Energy Minister Virgil Popescu announced that Romania intends to accelerate the process of eliminating the ban that prevents the sale…
Exxon Mobil has been replaced in the Dow Jones Stock Exchange by a software company
Oil giant Exxon Mobil, which has been among the top 30 companies in the Dow Jones Industrial Average since 1928,…
Large oil companies have set their first targets for reducing emissions
The world’s largest oil companies, including Saudi Aramco, CNPC and Exxon Mobil, have set targets for the first time to…
Virgil Popescu promises that Romania will not return to the old pre-crisis economy
Romania is preparing to get out of quarantine but officials say the economy will not be the same, their intention…
Volintiru: Romgaz wants 20% of Neptune Deep together with an external partner; the offshore law will change
Romgaz has entered the data room of the Neptun Deep project offered by OMV Petrom and is looking for an…
Exxon agrees $4 billion sale of Norway oil and gas assets
Exxon Mobil has agreed to sell its Norwegian oil and gas assets for up to $4 billion, ending its production…
Exxon Mobil’s second-quarter results expected to sag, explaining the giving up on Neptun Deep
Bogdan Tudorache Exxon Mobil Corp’s plan to accelerate asset sales, a way of delivering needed cash to finance shareholder returns…
OMV Petrom and Exxon have new proposals for the gov’t
OMV Petrom and Exxon do not want to be subject to the financial tax provisions of the Offshore Law, OUG…
Exxon Mobil and Qatar greenlight USD 10 bln. project to export natural gas from Texas
Exxon Mobil and Qatar Petroleum announced a final decision to finance a $10 billion-plus project to export liquefied natural gas…
Turkey warns companies against energy exploration with Greek Cypriot government
Turkey warned energy companies on Sunday against working with the Greek Cypriot government in carrying out exploratory drilling in the…
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 Mobil speeds up energy trading to boost profit
Exxon Mobil Corp is pushing deeper into energy trading, building a global cadre of experienced traders and beefing up risk-management…
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…
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…
Norway’s $1 trillion fund curbs holdings in biggest CO2 emitters
Norway’s sovereign wealth fund has trimmed the proportion of its $1 trillion (720.79 billion pounds) fortune that is invested in…
Exxon Mobil badly misses on earnings, takes $2 billion impairment
Exxon Mobil badly missed earnings forecasts on Tuesday as it took a $2 billion impairment charge, mostly due to the…
