Exploration & production
The hand-dug oil wells are the birth of Romanian oil industry
Author: Marius Furcuța The hand-dug wells in Romania are highly interesting relics of a period which is now relegated to…
M. Mitroi (Prospecțiuni SA): All Effects Disappear After the Exploration Ends, the Land Is Left As It Was
Prospecțiuni SA continues soil exploration activities in Sibiu County, for the discovery of new reserves of conventional hydrocarbons. Operations occur…
The unequal energy partnership estranges Russia and Ukraine
Ukrainian Prime Minister said Friday that an unequal energy partnership between Russia and the Ukraine is driving the two former…
Wintershall Pushes for Shale Gas Legislation in Germany
German supplier and explorer Wintershall Holding restated its endorsement to shale gas, claiming that it could have positive consequences on…
Mineral Resources’ Exploitation Might Impede Romania’s Development
###author### The countries that are resource-rich like OPEC cartel member states, Russia, Nigeria, etc., failed to create diversified economies and…
Conpet Enters BSE’s First Category to Finance Its Pitesti-Pancevo Pipeline
For the shareholders of Conpet, the company’s listing on the first tier of the Bucharest Stock Exchange (BSE) is a…
Energy Companies Lead the Way in COFACE’s CEE Top 500
Ranked by both turnover and number of companies, the oil and gas sector leads the sector ranking. nevertheless, the 65…
Poland began exploitation of shale gas
Lane Energy, a company controlled by US group ConocoPhillips, began extracting shale gas from a well near Lebork, northern Poland,…
Statoil could extract gas at half the cost
In a quest to tap huge gas reserves worth an estimated 30 billion dollars, the norwegian company launched in mid-August,…
Ukraine, Romania to sign gas trade agreement in October
The Ukrainian Government wants to import natural gas from Romania, and a trade agreement in this sense might be signed…
Ukraine region rejects Chevron shale gas deal draft
A local council in Western Ukraine voted against a draft production-sharing agreement with Chevron. The draft received critics that essentially…
Increased Profits for the State Energy Giants Ahead Stock Exchange Listings
Only three of the energy companies entered the top 10 most profitable companies listed on Bucharest Stock Exchange, based on…