KMG International made profits of 11.4 million dollars to nine months
KMG International (former Rompetrol Group) recorded in the first nine months a net profit of 11.4 million dollars, compared to…
Iran asks OPEC to reduce oil production for the prices to climb
OPEC member states should cut oil production for prices to climb to 70-80 dollars per barrel, said the Iranian oil…
ROPEPCA: Oil and gas investments depends on the long-term stability of the fiscal framework
For more than five years, the International Monetary Fund (IMF) urges Romania, through the arrangements made for financial stability, to…
E.ON sells oil and gas assets in Norway for 1.6 billion dollars
The German utility Group E.ON, has entered into an agreement to sell the exploration and production activities in Norway to…
A gas reservoir of 30 billion cubic meters, discovered in the Black Sea
Lukoil, PanAtlantic and Romgaz claim to have discovered in the Romanian Offshore perimeter, a gas deposit currently estimated to at…
MOL opens 12 filling stations in Romania this year, invests in oil exploration
MOL will open this year in Romania 12 gas stations in addition to the Agip stations purchased from the Italian…
Black Sea Offshore – a conference to find solutions (October 20-21st)
“Let’s not waste a good crisis“, said SPE President Helge Hove Haldorsen last month in Aberdeen. The organizers of the…
British Petroleum, ordered to record restoration payments by the US government
US federal government announced the details of the payments which oil corporation British Petroleum (BP) will have to make to…