Mihaela Toader, Romgaz: Technological neutrality must prevail
Romgaz is currently adjusting its investment strategy to take into account the new environmental policies decided in Brussels, said Mihaela…
Acasă » Oil&Gas » Exploration & production »
Exploration & production
EC: EU gas production 19% lower in H1 – Romania extracted 10% less
European Union’s gas production fell by 19% in the first half of this year (H1), and the amount extracted in…
V. Popescu: Romanian state could take over 50% of Neptun Deep, via Romgaz
The Romanian state wants to take over, through Romgaz, the 50% participation in the Neptun Deep gas field, currently owned…
Romgaz production increases in Q3, still decline at nine months
Romgaz reported an increase in production in the third quarter of the year (Q3), but for the first nine months,…
OMV Petrom Group posted losses of 41 mln. lei in Q3
OMV Petrom Group posted a loss of 41 million lei in the third quarter of the year (Q3), compared to…
Zeilinger, OMV: Companies with deep pockets are needed to extract gas from the Black Sea
The Black Sea has the potential to become a major player in the European gas market, but companies with deep…
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,…
Gazprom expects its gas exports to Europe to reach at least 170 bcm
Russian gas giant Gazprom expects its gas exports to Europe, the key source of the state-owned company’s revenue, to reach…
Stamule: Gov’t to deal thoroughly with the issue of Black Sea gas starting in December
Romanian government is positive about the exploitation of gas resources in the Black Sea and will treat the issue carefully…
BSOG and GSP launch MGD project, US ambassador criticizes harshly Russia’s position in the region
Bogdan Tudorache The American company BSOG and Grup Servicii Petroliere launched the MGD project, the first Romanian offshore natural gas…
Romania imported massive amounts of gas on Friday, after OMV Petrom reduced production
Romania’s gas imports amounted to 20% of national consumption on Friday, as OMV Petrom stopped several installations at the Hurezani…
Gas imports increased by 0.4% in the first seven months, production fell by more than 11%
Romania imported, in the first seven months of 2020, a quantity of usable natural gas of 1.116 million tons of…
IEA expects a slowdown in oil demand in 2020
International Energy Agency (IEA) has worsened its oil demand estimates for 2020 amid reduced air travel, continued long-distance work and…
Orban: We will find the best solution to make the investment from the Black Sea
Prime Minister Ludovic Orban told Austrian investors that they could rely on a partnership with the Romanian government to develop…
Havrileţ: Investors will extract 10% of the country’s gas consumption from the Black Sea next year
Investors will extract 10% of the country’s gas consumption from the Black Sea, starting next year, Niculae Havrileţ, secretary of…
BSOG to extract the first gas from the Black Sea at the end of 2021
Black Sea Oil and Gas (BSOG), a company controlled by the American giant Carlyle and currently the only company that…
Energy Minister: We are glad that Turkey and Bulgaria have found gas in the Black Sea
The global energy sector will turn its attention to the Black Sea, with the recent gas discoveries of Turkey and…
EC: EU gas production fell by 23% in Q1, with Romania in second place
The European Union’s gas production fell by 23% in the first quarter of this year (Q1), while Romania remained second…
OMV Petrom completes the acquisition of OMV Offshore Bulgaria, entering Han-Asparuh offshore exploration block
OMV Petrom, the largest energy company in Southeastern Europe, completed the transaction for the acquisition of 100% of the shares…
Competition analyzes the outsourcing operation of some services by OMV Petrom
Competition Council analyzes the transaction through which OMV Petrom SA outsources to J. Christof E&P Services and Christof Private Firefighting…
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,…
Orban: Any discussion about the level of royalties must be rational
Prime Minister Ludovic Orban said the government could not set royalties without taking into account the meaning of the world…
Daniel Apostol (FPPG): Turkey can become Romania’s partner in Black Sea gas projects
Turkey could become Romania’s partner in Black Sea gas exploitation projects, with the huge discovery of gas from Turkish waters,…