Cooperation with Russia, ‘crucial’ for EU energy security – OMV Board member
The cooperation between Russia and the European Union is among crucial points for Europe’s energy security, together with the enhancement…
The Trump Administration goes for energy independence with shale O&G and clean coal technology
An America First Energy Plan was published on the White House website immediately after the Donald Trump‘s inauguration, on January…
Ministers laud strong start to OPEC, non-OPEC oil output cuts
OPEC and non-OPEC countries have made a strong start to lowering their oil output under the first such pact in…
Big Oil back on the acquisition trail as outlook brightens
The world’s top oil companies are back in acquisition mode, targeting smaller exploration and development firms to boost oil and…
Ready to go for the Iernut project, as the Ministry of Energy approved the funding through NIP
The Ministry of Energy approved the application submitted by Romgaz regarding the funding from the National Investment Plan of a…
Carlos Ghosn: Renault-Nissan Alliance sold 400,000 electric vehicles
The Renault-Nissan Alliance sold globally over 400.000 electric vehicles and plans to increase investments to maintain its position of market…
Deloitte: Romanian energy assets deals, among the most important M&As
Retail, FMCG and energy industries have kept the headline transactions of Romanian assets mergers and acquisitions (M&As) in 2016, says…
The ROTTCO SYNERGY CARD records its first commercial transactions in gas stations
The ROTTCO SYNERGY CARD system became operational in gas stations, asthe first commercial transactions were recorded this week. ROTTCO SYNERGY…
China’s oil collapse is unintentionally helping OPEC
China’s production is forecast to fall by as much as 7 percent this year, extending a record decline in 2016,…
Aurel Gheorghe replaces Gheorghe Duțu as the president of ANRM
Aurel Gheorghe, who held until now the position of head of the General Directorate for Management, Evaluation, Resources Concession of…
The Siberian winter helps Russia comply with OPEC cuts
Russia cut 100,000 bpd of its crude oil production as early as in the first few days of the New…