Exploration & production
The Upstream industry is facing serious challenges (Harald Kraft, ROPEPCA)
As the president elect of ROPEPCA, and also a a veteran of the O&G industry, with huge experience in Romania,…
Legislative and regulatory challenges in the energy sector
Although we have listed here only a small part of the challenges faced by the energy industry, a common denominator…
Taxation for Romanian O&G industry rose, while international prices collapsed
The average effective rate of the royalties and other taxes imposed on the oil and gas industry in Romania has…
Moody’s assigns investment grade rating to MOL
The MOL Group has been assigned with a Baa3 investment grade long-term issuer rating with stable outlook from Moody’s Investors…
Donald Trump pledged to roll back the Obama-era federal policy of Clean Power Plan
On Tuesday, President Donald Trump pledged to end the “war on coal” by rolling back the Clean Power Plan, an…
Russia and Iran say will continue efforts to curb oil output
Russia and Iran have pledged to continue efforts to rein in oil production and stabilize markets, the presidents of both…
Rosneft, Gazprom boost combined offshore investment to $1.4B
Russia’s top oil producer Rosneft and gas giant Gazprom plan to invest a combined $1.42 billion (80.8 billion rubles) in…
As Trump targets energy rules, oil companies downplay their impact
President Donald Trump’s White House has said his plans to slash environmental regulations will trigger a new energy boom and…
CEFC is interested on developing KMG International operations
A CEFC (China Energy Company Limited) delegation along with executive management members of KMG International (KMGI) had a series of…
Major oil producers look to extend limiting the oil output by another six months
A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to…
