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…
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Exploration & production
FPPG rejects the alarmist statements about the effects of returning to a free and functional gas market
The Oil and Gas Employers’ Federation – FPPG rejects the alarmist and unfounded statements about the effects of returning to a free…
Dafora goes back in black: Profit of 1 million euro in H1, revenues increase 17%
Bogdan Tudorache Dafora Mediaș reports going back into black, with a net result for the first six months (H1) of…
ANRE wants to modify the norms of GEO 114, in order to comply with EC request
The National Energy Regulatory Authority – ANRE intends to amend the implementing rules of GEO 114/2018, so that Romania avoids…
Wauterickx, The Sniffers: Methane reduction is an opportunity in Romania
The Sniffers is an environmental service provider for the oil and gas industry. ”We are operating worldwide, focusing on Upstream,…
The cycle of growth in the natural gas market is expected to resume (EBC, August 29)
The legislative changes that are foreshadowed in the natural gas sector, respectively the renunciation of regulated prices, are welcomed by…
Transgaz and BSOG to start the works for the gas transport from the Midia Project
General Manager of Transgaz, Ion Sterian and General Manager of Black Sea Oil & Gas (BSOG), Mark Beacom, on Friday…
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)…
Stoica, BRM – Waiver of GEO 114 means a return to normal, but the effects will come slowly
The natural gas market made a tough debut in Romania, being strongly influenced by the political factor. The market started…
GEO 114/2018 triggered two new infringement files against Romania; deadlines are close
Of the 65 active infringement files of Romania at the European Commission, 15 refer to violations of EU law in…
FPPG: Regulated prices and the 2% tax to ANRE blocked liberalization and distorted the energy market
The Oil and Gas Employers’ Federation – FPPG welcomes the initiative of the Romanian Parliament to amend the GEO 114/2018…
ROPEPCA: Deregulation of gas prices is merely the first step
The Romanian Petroleum Exploration and Production Companies Association – ROPEPCA appreciates as beneficial and necessary the proposal of the Commission…
Opposition tries to amend GEO 114/2018, PSD manages to block the return to free markets
Deputies from the Committee of Budget postponed discussions on GEO 114/2018, with subsequent changes, after the members of the Committee…
Trump and Iohannis review Black Sea gas, nuclear energy stressed as of major importance for US
US Administration issued a joint statement of the president of the United States, Donald Trump and president of Romania, Klaus…
ANRE: Gas imports in June were 364 times higher than last year
Romania imported in June 2019 an amount of gas of 1,479,598 MWh, 364 times more than the same month last…
Exxon eyes UK North Sea exit after 50-year presence
Exxon Mobil is considering an exit from the British North Sea after more than 50 years in the oil and…
Development of offshore deposits in the Black Sea, necessary to avoid increasing dependence on gas imports
The development of offshore deposits discovered in the Black Sea is necessary to avoid the significant increase of dependence on…
ADX Energy started drilling at Iecea Mică evaluation well
Australian company ADX Energy Ltd, which owns 50% of the Parța hydrocarbon concession, from Timis county, started the drillings at…
Neptun Deep would add 70,000 bpd to the OMV account
Neptun Deep could become operational in 2024, increasing OMV production by 70,000 barrels per day (bpd) or nearly 11% of…
Lowest loss for Petromidia, no accidental spills – KMG report
Petromidia Refinery, KMG International Group’s main asset in Romania recorded its lowest technological loss in history, along with its lowest…
GSP signs new deals with OMVPetrom and Lukoil for Black Sea works
On July 29, GSP Offshore and OMV Petrom signed a framework contract to provide integrated offshore services for Istria’s shallow…
Bulgaria invites bids for 5-year oil, gas exploration permit for Tervel offshore block
Bulgaria’s government said on Wednesday that it will open a procedure for awarding a five-year oil and gas exploration permit…
Verchere: We need legislative stability for the Neptun Deep project
OMV Petrom continues to be extremely committed to the Neptun Deep project, but it needs clarity and legislative stability “as…