Romania’s crude oil production fell by 4.3% in the first seven months of 2023
Romania produced, in the first seven months of 2023, a quantity of crude oil of 1.636 million tons of oil…
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The draft law on Romania’s mandatory crude oil reserves, approved by the Government
The draft law on the transposition of Directive 2018/1581 of the European Commission, a directive that will amend Law 85…
Romania’s crude oil production fell by 6.2% in the first five months of 2022
Romania produced, in the first five months of 2022, a quantity of crude oil of 1.224 million tons of oil…
IEA Cuts Oil Surplus Estimate, Sees Market Balance in 2017
The global oil market will be almost balanced next year as demand continues to rise faster than production, while the…
GC Rieber will collect seismic data from oil perimeters located in the Black Sea
Black Sea Oil & Gas (BSOG), the company through the investment fund Carlyle Group operates oil possessions in the Black…
Russian oil production increased in Q1
The activities for extracting oil from Russia increased by 23% this year, and production reached a post-Soviet record high in…
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…
Shale boom confounds forecasts as U.S. set to pass Russia, Saudi Arabia
Four years into the shale revolution, the U.S. is on track to pass Russia and Saudi Arabia as the world’s…
Petrom’s business dwindle in T1; the group loses the seat of Romania’s leading company
Petrom Group announced the unaudited financial results for the first quarter of 2014, and the figures show that gross profit…
Crude dips; Syria debate provides a floor
Brent crude held above $115 a barrel on Wednesday as U.S. lawmakers’ support for military action against Syria revived concerns…
