Exploration & production
Mobile benchmarks for oil royalties; OPCOM is mentioned as the only centralized market for natural gas
The Ministry of Economy launched on October 23rd a draft law regarding the regulation of the royalty system for the…
Gazprom Neft invested 2.5 bln euro in Serbia’s NIS since 2009
Gazprom Neft has invested 2.5 billion euro ($2.9 billion) in the development of its Serbian subsidiary NIS [BEL:NIIS] since 2009,…
Hungary – its “perfect” play on the gas market (analysis by Dumitru Chisăliţă)
Dumitru Chisăliţă The construction of monofilar national transport systems is no longer an option to develop the national transport systems…
Ion Sterian (Transgaz) joins the 5th Black Sea Oil & Gas Conference in Bucharest (October 25-26)
As we approach the 5th Black Sea Oil & Gas Conference, GBC has asked Ion Sterian, CEO, Transgaz, a few…
OPEC seeks consensus on oil supply cut extension before meeting
Oil producers are working to build consensus on extending their deal to reduce supplies, OPEC’s secretary general said on Thursday,…
The Oil Market’s Fall Upswing (analysis by Radu Dudău)
Radu Dudău, EPG Director Early September saw the beginning of a significant price increase for Brent, the international crude oil benchmark,…
Polish expert Jerzy Dudek cries foul at Council’s Nord Stream 2 position
EU Council legal experts insist that the Commission should not be granted a mandate to negotiate the contested Nord Stream…
Modified in the Committee for Industry, GEO 64 is back for voting in the Chamber of Deputies; BRM criticizes abusive provisions
The Commission of Industry and Services from the Chamber of Deputies has decided to maintain OPCOM’s privileges regarding the gas…
ANRE postponed an increase in gas prices for consumers, although the suppliers paid more
With a leadership near finishing its mandate, under the spectrum of a parliamentary investigation and violently criticized by some political…
Much of the Black Sea basin remains less explored than other strategic areas in Europe
On 25th–26th October, the crème de la crème of the oil and gas industry and representatives of the upstream and…
ROPEPCA urges lawmakers to keep the path for liberalization in the oil and gas market
The Romanian Association of Exploration and Petroleum Producing Companies (ROPEPCA) urges the members of Parliament to make a decision taking…
Gazprom unseats ExxonMobil as world’s largest energy company
Russia’s Gazprom has topped the S&P Global Platts 250 rating of the world’s energy companies. The company has ousted US…
Creditors unanimously approved the reorganization plan for Prospecţiuni SA
On Monday, Assembly of Creditors for Prospecţiuni SA decided unanimously to approve the reorganization plan proposed by the judicial administrator…
Oil hits seven-month high as producers say market rebalancing
Oil prices rose on Monday to their highest in seven months after major producers said at a meeting in Vienna…
Renewal of EBRD loan to Ukraine’s Naftogaz will depend on reform progress
The European Bank for Reconstruction and Development will not renew a loan facility provided to Ukrainian state-run firm Naftogaz for…
