Jude: Romgaz’s strategic goal is to keep annual production decline below 2.5%
Romgaz has completed an important investment objective in the Snagov priority onshore project, which consists of the development of an…
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OMV Petrom’s gas production fell 14.5% in Q4
OMV Petrom’s gas production was 14.5% lower in the last quarter of last year (Q4) compared to the same period…
Coal production increased by almost 30% in the first eight months of 2021
Romania’s net coal production totaled 2.118 million tons of oil equivalent (toe) in the first eight months of this year,…
OMV Petrom’s hydrocarbon production decreased by 3.7% in Q2
OMV Petrom’s hydrocarbon production in the second quarter of this year (Q2) was of 133,700 barrels of oil equivalent (boe)/day,…
OMV Petrom’s hydrocarbon production slightly decreased in Q1
OMV Petrom’s hydrocarbon production in the first quarter of this year (Q1) was of 138,900 barrels of oil equivalent (boe)/day,…
Romgaz production increases in Q3, still decline at nine months
Romgaz reported an increase in production in the third quarter of the year (Q3), but for the first nine months,…
Dacia to progressively resume production from April 21; from May 4th it returns to normal activity
“In accordance with the social partners and out of respect for the protection and safety of the employees, all the…
Romania was, last year, a net importer of electricity
Romania was, last year, a net importer of electricity, as imports increased by 74%, while exports decreased by 34%, according…
Only 30% of OMV’s production comes from Petrom
The share of hydrocarbons extracted by OMV Petrom in the total production of the parent company, OMV, has halved in…
Petrom’s total hydrocarbons production declined by 5.5% in the first quarter
Petrom’s total hydrocarbon production was 153 thousand boe/ d in the first quarter of this year, compared with 162 thousand…
Russia’s Novak says premature to extend global oil deal, market is being balanced
It is premature to decide on extending the global deal to reduce oil production as the oil market has been…
France Plans to End Oil Output by 2040 With Exploration Ban
France will stop granting new exploration permits next year as it seeks to end all oil and gas production by…
Solar, wind and hydro, an over 10% increase in the first seven months
The consumption increased with over nine percent, and the energy-queens were the solar (almost 15% increase), wind and hydro, which…
Renewables, dropping 9%; GCs sold on centralized market – barely 1% of 7 mln
The installed capacity of renewable energy producers totaled 4,690 MW at the end of June this year, according to data…
Petrotel-LUKOIL anticipates increased production in 2016 to 2.6 million tonnes
Petrotel-LUKOIL is preparing for a production growth this year to 2.6 million tones, close to the annual maximum capacity of…
Wintershall: Shale gas controversy blocking conventional production
Wintershall Holding GMBH says natural gas production in Germany fell by about 6% in the past year, and controversy over…
Russia counterstrikes OPEC, keeps oil production up in 2015
Russia, the world’s biggest energy exporter, does not plan to cut oil production to shore up prices, Rossiya 24 television…
IEA: Low oil prices to bite into 2015 U.S. shale growth
Falling oil prices may cut investment in U.S. shale oil by 10 percent next year, the International Energy Agency (IEA)…
OPEC: Little oil output change in 2015
OPEC’s oil production is unlikely to change much in 2015 and there is no need to panic at the crude…