Hunt Oil Romania wants to buy oil drilling services of up to 5.6 million euro
Hunt Oil Company of Romania, a subsidiary of U.S. oil group Hunt Oil, wants to buy oil drilling services worth…
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OMV Petrom
Energy market liberalization cuts the power of romanian national industry
[one_half]Statistics, assessments on the energetic system and public policies collide and challenges each other when the liberalization process and its…
OMV Petrom eyes 1 billion euro investment next year, shale gas
Romania’s top oil and gas company Petrom plans to earmark about 1 billion euros for investment next year and could…
Energy Companies Lead the Way in COFACE’s CEE Top 500
Ranked by both turnover and number of companies, the oil and gas sector leads the sector ranking. nevertheless, the 65…
Ukraine region rejects Chevron shale gas deal draft
A local council in Western Ukraine voted against a draft production-sharing agreement with Chevron. The draft received critics that essentially…
Increased Profits for the State Energy Giants Ahead Stock Exchange Listings
Only three of the energy companies entered the top 10 most profitable companies listed on Bucharest Stock Exchange, based on…
OMV Petrom to turn into oil storage facilities a part of Arpechim storage installations
OMV Petrom CEO Mariana Gheorghe said the company will transform a part of Arpechim Pitesti refinery in an oil deposit.…
OMV Petrom’s First-Semester Net Income Increases 18 Percent; Sales fall 5 Percent
OMV Petrom SA, Romania’s biggest oil company, said its first-semester profit rose 18 percent because of stable production. Net income…
OMV Petrom close to start preliminary works at Skifska field
A Ukrainian senior official says that a production sharing agreement (PSA) could be signed in the next three months to…
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