Exploration & production
BSOG moves forward with the Black Sea Midia Gas Project, expects a fully liberalized market, in accordance with EU Directives
Black Sea Oil & Gas SRL (“BSOG”) together with its co-venture partners, Petro Ventures Resources SRL (“Petro Ventures”) and Gas…
Russia complies with global deal to cut oil output: Energy minister
Russia is complying fully with its pledge to cut oil production gradually, Energy Minister Alexander Novak said. He said Russian…
Beacom: The impact of the new laws on BSOG investment plans is highly negative
In spite of the fact that Black Sea Oil & Gas received the Ministry of Energy authorization for the offshore…
The Ministry of Energy has authorized offshore works for the perimeter XV Midia, operated by Black Sea Oil & Gas
The Ministry of Energy issued the authorization document for the offshore works required for the production of natural gas in…
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…