MOL gets new exploration licenses in Hungary and Norway
MOL Group has expanded its exploration portfolio by acquiring new licenses in Hungary and Norway. MOL thus obtained six new…
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Exploration & production
US oil exports could exceed 2017 production by four members of OPEC
US oil exports could exceed 2017 production by four members of the Organisation of Petroleum Exporting Countries (OPEC). American analysts…
Exxon Mobil badly misses on earnings, takes $2 billion impairment
Exxon Mobil badly missed earnings forecasts on Tuesday as it took a $2 billion impairment charge, mostly due to the…
Lukoil seeks Middle East oil projects for growth as Iran opens
Lukoil PJSC is seeking opportunities for growth in the Middle East as Iran opens more of its oil fields to…
Cooperation with Russia, ‘crucial’ for EU energy security – OMV Board member
The cooperation between Russia and the European Union is among crucial points for Europe’s energy security, together with the enhancement…
The Trump Administration goes for energy independence with shale O&G and clean coal technology
An America First Energy Plan was published on the White House website immediately after the Donald Trump‘s inauguration, on January…
Ministers laud strong start to OPEC, non-OPEC oil output cuts
OPEC and non-OPEC countries have made a strong start to lowering their oil output under the first such pact in…
Big Oil back on the acquisition trail as outlook brightens
The world’s top oil companies are back in acquisition mode, targeting smaller exploration and development firms to boost oil and…
China’s oil collapse is unintentionally helping OPEC
China’s production is forecast to fall by as much as 7 percent this year, extending a record decline in 2016,…
Aurel Gheorghe replaces Gheorghe Duțu as the president of ANRM
Aurel Gheorghe, who held until now the position of head of the General Directorate for Management, Evaluation, Resources Concession of…
The Siberian winter helps Russia comply with OPEC cuts
Russia cut 100,000 bpd of its crude oil production as early as in the first few days of the New…
FP, Romgaz and OMV Petrom, among most traded shares in December
In December 2016, the five most traded shares at the Bucharest Stock Exchange (BVB) were Banca Transilvania (TLV), Fondul Proprietatea…
