In respect to the Neptun Deep project, OMV Petrom moves from “when” to „if” – changes to offshore law are urgent
The extraction of natural gas from the Neptun Deep perimeter of the Black Sea has become uncertain, as the offshore…
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Romgaz asks the government to approve his participation in the Neptun Deep auction
Bogdan Tudorache Romgaz convened for March 11 the extraordinary meeting of the shareholders asking for “approval of the acquisition of…
Nicolescu: The government’s position in the Exxon case is a correct one
Bogdan Tudorache Răzvan Nicolescu considers as correct the position of the government not to allow the Exxon project company to…
Cîţu: We do not enjoy Exxon’s decision to leave Romania; this Government came in too late
The liberal (PNL) government came too late for ExxonMobil’s interests, which were already in the starting point, and their decision…
ExxonMobil confirms may exit Romanian offshore gas project
U.S. energy major ExxonMobil confirmed late on Tuesday it is weighing an exit from a long-stalled Romanian natural gas venture…
Minister of Energy: I recommend Exxon that the license transfer be made by Government decision
The transfer of the license that ExxonMobil holds for the Neptun Deep perimeter of the Black Sea should be made…
ExxonMobil negotiates with Lukoil and PGNiG to sell the stake in the Neptun Deep perimeter
ExxonMobil officials are negotiating with the Russians from Lukoil and the Polish company PGNiG to sell the 50% stake in…
ANRM: Three companies are officially interested in the acquisition of ExxonMobil’s participation in the Black Sea
Only three companies have officially requested access to the data room for offshore investment off the Black Sea for a…
Verchere: OMV Petrom, ready for Neptune Deep, barriers must be removed
OMV Petrom announced that it is ready to accelerate a billion-dollar injection into a giant Black Sea energy project it…
Romgaz is interested in taking over 15-20% of Neptun Deep
Adrian Volintiru, the general manager of Romgaz, said on Tuesday that the company is considering the possibility of taking over…
Iancu: Romgaz should take over Exxon’s participation in the Black Sea project
Romgaz should take over ExxonMobil’s participation in the Neptune Deep project in the Black Sea, in case the Americans decide…
Danish pension fund excludes top oil firms from portfolio
Danish pension fund MP Pension said on Tuesday it would sell its stakes in 10 of the world’s biggest oil…
Equinor says production starts at Trestakk field in Norwegian Sea
Production on the Trestakk oil and gas field on Haltenbanken in the Norwegian sea has started, operator Equinor said on…
ExxonMobil has informed the Government that it wants a new partner in the Black Sea gas project
ExxonMobil, the company exploring the deep Neptune perimeter of the Black Sea alongside OMV Petrom, informed the government representatives late…
OMV Petrom invests another 30 mln. euro in offshore drilling in the Black Sea
OMV Petrom has launched a new offshore drilling campaign in shallow waters in the Istria region of the Black Sea.…
The court rejected the request for the cancellation of approvals for the offshore gas project at the Black Sea
The Constanţa Tribunal rejected the request of a landowner in Tuzla, Constanţa, and the similar one of an NGO, the…
China’s LNG tariff threatens Trump energy export goal
China’s move to increase tariffs on $60bn in US goods targets a commodity central to the Trump administration’s goal of…
Hungary has already provided its gas supplies for 2020
Hungary has secured gas supplies for the next year even though Moscow and Kiev will not be able to reach…
Exxon doesn’t wait: Evaluates offshore Israel energy exploration bid
American oil and gas giant ExxonMobil is considering exploring for energy off the Israeli coast, according to Reuters. Executives from…
Szijjártó: Hungarian firms have signed contracts with ExxonMobil and OMV
Hungarian Foreign Minister Péter Szijjártó said on Thursday in Târgu Mureş that Hungary wants to buy natural gas from Romania,…
Cyprus energy finds boosting Western presence
Last Thursday’s announcement in Nicosia that a sizable gas deposit was discovered by US energy giant ExxonMobil in plot 10…
Black Sea Gases, the most expensive ExxonMobil project of its kind
Neptun Deep Offshore Gas Perimeter is the most expensive hydrocarbon production project with completed exploration work and ready to be…
Falling oil prices put new pressure on US energy sector
Throughout the US shale oil and gas boom of the past 15 years, one of investors’ greatest concerns has been…