Exploration & production
A. Volintiru: GEO 114/2018 cuts 20% to 25% from revenues and profit of Romgaz in 2019
UPDATE 31.01.2019 In a press release sent to the Bucharest Stock Exchange on January 31, Romgaz comes up with some…
Saudi energy minister: Russians promised me they’d ‚pick up the pace’ on OPEC cuts
Saudi Arabia’s energy minister is hoping Russia will pull its weight on recently agreed OPEC oil production cuts despite its…
Russia uses gas as a lever for annexation, says Ukraine official
Russia has no interest in finding a compromise in the EU-mediated Ukraine gas transit talks and is using energy as…
ROPEPCA members expect a steep decrease in money collected to the state budget and increased jobs insecurity
The Romanian Petroleum Exploration and Production Companies Association (ROPEPCA) comes back to the public attention on the negative consequences that…
US shale’s full impact still hasn’t hit oil markets, IEA director says
Shale oil’s impact will have “huge implications” for global energy markets for many years, Fatih Birol, executive director at the…
Croatian LNG terminal to go ahead despite low demand
Croatia will press on with a planned floating liquefied natural gas (LNG) terminal project in the northern Adriatic despite a…
Saudi energy minister: Russia moving ‘slower than I’d like’ on oil cuts
Saudi Arabia’s Energy minister said Sunday he’s positive OPEC and partnered nations will meet their production cut commitments to balance…
Ukraine ready to drop case against Gazprom if compensation payment is guaranteed
Naftogaz of Ukraine is ready to withdraw a lawsuit against Gazprom from the Stockholm Arbitration in the gas transit tariff…
U.S. LNG producers face risk unless trade war resolved: energy group
The nascent U.S. liquefied natural gas export industry has been particularly vulnerable to the U.S.-China trade war, the head of…
Oil finds support, as 2019 begins
A tumultuous first trading week of 2019 headed towards a calmer close. After hitting a 33-months low the Bloomberg Commodity…
Francois-Regis Mouton (IOGP): If everything is set right, investors will come
With over 80 members around the world, the International Association of Oil and Gas Producers – IOGP – represents most…
The modernization of Petroleum Law is essential for the development of the onshore sector
2018 was a year dominated by discussions as to the operation and taxation of the offshore petroleum and natural gas…
Poland’s goal of ditching Russian natural gas bolsters American LNG and Trump’s energy agenda
Poland took another step towards weening itself off Russian energy supplies on Wednesday by signing a 20-year agreement with San…
Oil steady after sell-off but oversupply still drags
Oil stabilized on Wednesday after one of its biggest falls for years, but remained under pressure from oversupply and concern…