Exxon Mobil expands cooperation with Rosneft, in spite geopolitical of tensions
Texas-based oil giant ExxonMobil and Russia’s state-controlled oil company Rosneft shook hands Friday while the U.S. and European nations continue to discuss…
Gazprom CEO says China gas deal will affect European market
Russia’s landmark deal to supply natural gas to China will affect prices in Europe and have an impact on international…
The Government eliminates the calendar for rising gas prices for industry
The Government will remove both increases in gas liberalization timetable set this year for the industry. According to a draft…
Petrom to pay between 13 and 205 million euro for drilling operations in Galati
Petrom, the largest oil producer in the country, will spend up to 200 million for drilling an old reservoir in…
Rusia and China signed the biggest gas deal since the fall of USSR
Russia and China signed a memorandum of understanding that says Gazprom will supply China National Petroleum Corp (CNPC) for 30…
FIC: Special Construction Tax will create major distortions, it should be reviewed
Foreign Investors Council (FIC) argues that the introduction in the current form of a special construction tax, known as the…
Joe Biden: US is ready to help Romania secure energy independence
United States of America is ready to provide necessary help Romania to secure energy independence and cover resources that currently…
On May 27, Atlas Copco presents its back-up solutions for refineries
On 27 May, at Ploiești West Park, Atlas Copco presents for the O&G specialists the mobile oil-free Diesel compressors. These…
Five days prior to collection, “the pole tax” remains marked by uncertainty
###author### The energy industry will be hardest hit by the on tax special constructions of 1,5%, the so- called “pole…
ExxonMobil spends over 100 million dollars for operations in the Black Sea
ExxonMobil’s involvement into the exploration operations in the Romanian Black Sea area gets a new financial wheight after the US…
S&P offers investment grade to Romania, external lending gets easier
Standard & Poor’s upgraded Romania to investment grade for the first time since 2008 as the economy grows and the…