Government wants to update Petroleum and Mining Laws; NAMR’s input asked up to March 15
All the projects for oil and gas exploration are delayed, warns Sorin Gal, General Manager of the National Agency for…
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Exploration & production
KazMunayGas receives a lower rating from Standard & Poor’s
The credit rating Agency Standard & Poor’s (S&P) has downgraded the ratings of five Kazakh state-own companies, including KazMunayGas, which…
Sorin Gal, NAMR: 2016 may be the first year when we begin to terminate oil agreements
In 2016, the trend is to reduce investments, signalized Sorin Gal, General Director of the National Agency for Mineral Resources…
OMV Petrom posts its first anual loss – 690 million RON
The collapse of global oil prices has hit the results of OMV Petrom in 2015. The group’s integrated business model…
ROPEPCA critical for NAMR raising the tariff for oil transportation
Romanian Association of Petroleum Exploration and Production Companies (ROPEPCA) claims the tariff increase charged by the state company Conpet for…
ExxonMobil’s earnings halved in 2015
ExxonMobil Corp., the world’s largest publicly traded oil company, said its net income fell 50% in 2015 to 16.15 billion…
