Oil tanks while US midterm theatre reaches financial markets
Global stock markets bounced and the dollar weakened following comments from President Trump that trade discussions with China were “moving…
The development of the utility sector means increased communication between all parties (EBC, Nov 1)
The Energy Breakfast Club’s November 1st edition – “Reinventing Utilities – Who Writes The New Playbook” identified the key trends…
OMV Petrom continues deep onshore exploration in the perimeters previously shared with Repsol
The National Agency for Mineral Resources approved OMV Petrom taking over the stake of Repsol in four onshore exploration agreements.…
MOL Group: Strongest quarter in three years
MOL Group announced its financial results for the third quarter of 2018. A material increase in Clean CCS EBITDA in…
Growing results for OMV Petrom at nine months – analysts
OMV Petrom (SNP) will report improved financial results for the first nine months of the year, analysts say, as oil…
Ringhel enters the Serbian market with IT solutions for power and natural gas suppliers
Ringhel, the leading provider of IT solutions and services dedicated to the Romanian power and gas markets, recently concluded two…
KMGI and SAPE launched the Kazakh – Romanian Energy Investment Fund with two projects in pipeline
KazMunayGas International (KMGI) and Societatea de Administrare a Participațiilor în Energie (SAPE) which is owned by the Ministry of Energy…
OMV postpones for 2019 the decision to invest in the offshore Black Sea project
Austria’s energy group OMV has postponed an investment decision on its Black Sea exploration project until next year because the…
Aramco signals chemical ambitions beyond $70 billion Sabic deal
Saudi Aramco’s chief executive officer said he has bigger ambitions in petrochemicals beyond the planned $70 billion acquisition of a…
Parliament adopted the Offshore Law with stability clauses, progressive taxation and investment deductions limited to 30%
The Chamber of Deputies approved a new form of the Offshore Law, an essential piece of legislation for starting the…
The Saudi oil weapon and the energy market: What investors need to know
As President Donald Trump struggles to contain the fallout from the apparent murder of a Saudi columnist for the Washington…
Russia’s Gazprom ”nearing” European natural gas sales of 205 Bcm: CEO Miller
Gazprom expects its gas sales to Europe and Turkey to exceed 200 Bcm in 2018 and is closing in on…
ESCOROM proposes the conversion of coal-fired power plants as the central element of the national energy strategy
The ESCOROM Association of Energy Services Companies in Romania launched in public debate a position paper proposing that the national…