General manager Virgil Metea was removed from Romgaz BoDs
On Tuesday’s meeting, the Ordinary General Meeting of Shareholders of ROMGAZ has decided the exercise of cumulative voting to elect/reconfirm…
On Tuesday’s meeting, the Ordinary General Meeting of Shareholders of ROMGAZ has decided the exercise of cumulative voting to elect/reconfirm…
National Agency for Mineral Resources (ANRM) has prepared a new draft amendment to the Petroleum Law to be submitted to…
Petrom recorded a net profit of 473 million lei in the third quarter of 2016 compared to a loss of…
The gas demand in Romania this year remains below the levels of 2015; stable demand on the electricity market The…
France’s Total has signed a deal with Iran to further develop its part of the world’s largest gas field, becoming…
Russia published a government decree on Monday ordering the sale of a 19.5 percent stake in state-controlled oil giant Rosneft…
MOL Group announced the financial and operational objectives for the next five years, shortly after the publication of the Strategy…
Top oil companies including Saudi Aramco and Shell are joining forces to create an investment fund to develop technologies to…
Fragmented collaboration between the various authorities and lack of a predictable tax regime block energy investments. During the session dedicated…
Romanian oil and natural gas needs investments of around one billion euros annually just to finance the current needs and…
General Electric, banking on a recovery in oil prices, said it would merge its oil and gas business with No.…
Russia’s state-owned company Rosneft and India’s ONGC Videsh Limited have closed the transaction for the purchase of 11% of Vankorneft…
OMV Petrom and Mazarine Energy România SRL, a fully owned Romanian subsidiary of Mazarine Energy BV announce that they have…
From the vantage point of early 2016, the year’s final quarter was widely expected to deliver a firm recovery for…
The annual inflation could rise from almost zero at the end of 2016, to more than 1% in the first…
All discussions on Romanian O&G industry begin with aknowledgements on the long and strong history this industry has. However, the…