MOL Group achieved an EBITDA result of USD 1,125 million in H1
Today MOL Group announced its financial results for Q2 and H1 2023. In the first six months MOL Group delivered…
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MOL: Upstream and Petrochemical segments boosted Q3 results, but global market turmoil generates unpredictability
Today, MOL Group announced its financial results for the third quarter of 2021, according to a release received by Energynomics.ro.…
OMV Petrom: Investments of EUR 32 mln. in a new drilling campaign at the Black Sea
OMV Petrom, initiated a new offshore drilling campaign in the shallow waters of the Istria block in the Black Sea.…
FPPG and ANIS are campaigning to increase the adoption of digital solutions in the Upstream sector
The Federation of Oil and Gas Employers (FPPG) together with the Employers Association of the Software and Services Industry (ANIS)…
Petrom announces an investment budget of nearly EUR 876 mln. for 2019
The Ordinary General Meeting of Shareholders approved OMV Petrom’s budget for 2019, according to a company statement. It is estimated…
MOL Group 2018 Results: Highest EBITDA since 2011, up 10%
MOL increased its EBITDA by 10% comfortably beating its upgraded 2018 target as Upstream and Consumer Services continued to significantly…
William Rees, T.D. Williamson: There can be no shortcuts to success
TDW is nearing its 100th anniversary, in 2020, a spectacular performance for any organization. Also, the company has now a…
MOL Group raises full year profit target based on first half results
MOL Group announced its financial results for the first six months of 2018. EBITDA was sustained at the very strong…
MOL Group will invest more than $2 billion in Upstream projects in the next five years
MOL Group announced the financial and operational objectives for the next five years, shortly after the publication of the Strategy…
Deloitte study: Increasing differences in royalties and similar taxes applied to the oil sector in Romania vs the European average
Deloitte has updated, at the request of Oil and Gas Employers’ Federation, the comparative study of royalties and similar taxes…
EPG: O&G legislation should be updated in order to boost Upstream operations
Romanian legislation does not provide a stable framework for the Upstream operations to be conducted in competitive conditions, considers the…
OMV sold its stake in Bayernoil refineries
OMV has closed the sale of its 45% stake in the German Bayernoil refinery network, another step in its downstream…
Government still needs to show its commitment to attracting new investments in E&P
Recently, the newly-established Romanian Association of Oil Exploration and Production Companies ROPEPCA initiated an honest and complete communication with the…