Winstar begins drilling this November at Moftinu, Satu Mare
Winstar Satu Mare SRL, a wholly-owned subsidiary of Serinus Energy, will start this November drilling at Moftinu, Satu Mare. Canada…
Hungary’s MOL gearing up for another acquisition
Hungarian fuels group MOL may soon be making a new acquisition, as the sale of German RWE’s oil and gas…
EC: Romania, affected by an interruption of Russian gas
The European Commission has announced that nine EU countries will suffer this winter if Russia completely cuts off the gas…
WTI Crude Falls Below $80 for First Time Since June 2012
West Texas Intermediate crude fell below $80 a barrel for the first time since June 2012 amid speculation rising U.S.…
Public opinion urges UK to accept energy efficiency targets
The United Kingdom has been urged by British civic leaders and NGOs to drop its opposition to a binding energy…
Panfora will pay leases to land owners for accesing fields
###author### Panfora Oil&Gas will pay leases to land owners to access the field needed for traditional hzdrocarbons explorations, the company…
Russia’s Gazprom second quarter net profit up 13 percent
Russian gas producer Gazprom said on Tuesday its second quarter net profit was up 13 percent to 227.6 billion roubles…
GDF Suez’s CEO: Russia will not cut off gas supplies this winter
Executive Director of the French company GDF Suez, Gerard Mestrallet, estimated that this winter should not be problems with Russian…
Power consumption falls by 1.1% at eight months
Final consumption of electricity in the national economy was 32.9 billion kWh in the first eight months of the year,…
Lukoil informed environment authorities that Petrotel will resume activity
Lukoil resumes Friday the activity at Petrotel refinery in Ploiești, the Chief Commissioner of Prahova Environment Guard, Daniela Tudorache, told…
Proposed bill: ANRE employees, 3 years prohibition from working in energy companies
Energy Department wants to ban the clerks and officials of National Regulatory Authority for Energy (ANRE) for three years from…