Exploration & production
Protection for the people with no written consent from Brussels
The extension of gas price liberalization schedule for households was obtained informally by the Minister for Energy, Răzvan Nicolescu, on…
Agreement at the top: The royalties for Oil&Gas remain unchanged
The royalties for the oil sector will not be changed for next year, but maintained with the same taxes, as…
Crude oil price remains near 4-year low
Representatives of the Organization of Petroleum Exporting Countries (OPEC), responsible for one third of the oil produced globally, met on…
Solar and wind energy win price war with the conventional fuels
For the solar and wind industries in the United States, it has been a long-held dream: to produce energy at…
German government upholds fracking ban
Drilling for shale gas remains under an unlimited ban, said German Environment Minister Barbara Hendricks, dismissing media reports of government…
Lukoil to invest in a Nigerian project with Chevron
Russia’s second-largest oil company, privately controlled Lukoil, said on Friday it planned to invest in Nigeria with U.S. oil major…
EBRD injected 700 million euro in Petrom, which spends now 1 billion euro annually
###author### EBRD First Vice President, Phil Bennett, said that EBRD invested about 700 million euro into Petrom over the years,…
Rompetrol Rafinare increases its revenues and reduces losses
Rompetrol Rafinare increases its revenues and reduces losses Rompetrol Rafinare, a member company of KMG International, recorded a USD 4.33…
The net result of Romgaz, increased by 40% after nine months
Romgaz ended the first nine months of the year with a net profit of 1.114 billion lei, with 317,1 million…
OPEC oil price falls below 80 USD, to 4-year low
OPEC members’ average crude price fell below 80 USD for the first time in four years as Saudi Arabia and…
