Exploration & production
The story of the sole frost episode of this Winter; some numbers from Transgaz and 5 questions
Several days of frost have revealed the lack of flexibility of the national gas system, not enough prepared to cope…
Saudi Aramco signs preliminary gas deal with Shell
State oil giant Saudi Aramco signed a preliminary deal to pursue international gas opportunities with Royal Dutch Shell on Thursday…
Exxon woos Wall Street with bold plan to double earnings by 2025
Exxon Mobil Corp, the world’s largest publicly traded oil producer, said on Wednesday it expects earnings to more than double…
OPEC’s Barkindo on lost $1 trillion energy investment: ”Sowing seeds for future global energy crisis”
OPEC Secretary General Mohammad Barkindo said one of the most important issues the energy industry currently faces is a lack…
Transgaz: The basic principles for the future entry-exit system in the natural gas market
According to a document from Transgaz, the proposed entry-exit system creates the premises for increasing the liquidity of the natural…
MOL group, first steps towards renewables with 18 MW of solar
MOL announced plans to build solar power plants in three of its industrial sites located in Hungary. The project supports…
US will overtake Russia as top oil producer by 2019, says the International Energy Agency
The United States will overtake Russia as the world”s biggest oil producer by 2019 at the latest, the International Energy…
Black Sea gas and international expansion are the answers for the future of OMV Petrom
Over the past 12 years, the company has invested over 13 billion euros, said Mariana Gheorghe, CEO of OMV Petrom,…
EU’s Vestager says in talks with Gazprom for ending the antitrust investigation
The EU’s competition supervisor is discussing the outcome of market feedback with Russian gas supplier Gazprom following “critical” comments from…
Gazprom to raise South Stream Serbia capital by 15 mln. euro
Russia’s Gazprom said on Monday its board of directors has approved the subscription of a 15.46 million euro ($19.2 million)…
Romgaz expects additional expenses of up to 30 million lei with royalties in 2018
In the conference call to discuss the 2017 preliminary financial results, Romgaz officials estimated to 24-30 million lei the additional…
Trump nominee for key U.S. energy post says would oppose Russia pipeline
U.S. President Donald Trump’s nominee for a top State Department energy position said on Thursday he would oppose Russia’s proposed…
Harald Kraft: All members of ROPEPCA paid the royalty at the selling price, not at the reference from NAMR
With regard to the amounts calculated by the Court of Auditors as being unpaid in the last years on account…
