Exploration & production
Tough competition for Black Sea natural gas elusive reserves
Southeast Europe is hoping increased natural gas exploration in the Black Sea will help cut its dependency on Russian supplies,…
Local millionaire Niculae decides natural gas market leader, leaves Romgaz for Petrom
Romgaz lost position of Romania`s biggest natural gas producer, after cutting the supply to the fertilizers producer InterAgro, owned by…
Hunt Oil Romania wants to buy oil drilling services of up to 5.6 million euro
Hunt Oil Company of Romania, a subsidiary of U.S. oil group Hunt Oil, wants to buy oil drilling services worth…
Lucian Anghel (BSE): Most likely retail investors will oversubscribe on their tranche in Romgaz IPO
Retail investors bought 1.4 million shares on the first day of placement of purchase orders for Romgaz shares, representing a…
New EU legislative package for shale gas at year-end
Shale gas companies operating in Europe will soon have to respect a muscular legislative package which the European Commission is…
The shale gas debate turns film-makers one against another
The shale gas boom has started somewhere around year 2000, in the US. 10 years later, 20% of the United…
Lukoil might invest into solar parks in Ploiești
Petrotel-Lukoil refinery might invest into new solar parks in Ploiești, after completing investments worth about 38.5 million USD into bringing…
ANRM is proposing a biding process for 36 oil blocks; eight of them are on the continental shelf
National Agency for Mineral Resources (NAMR) is preparing a new round of bidding for the concession of 36 oil blocks…