Oil & Gas
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Iasi-Ungheni-Chisinau interconnection project Phase II has started
The official inauguration of starting the works on the Iasi-Ungheni-Chisinau interconnection project Phase II, an objective declared of national interest…
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OMV Petrom grants EUR 10mn sponsorship to the first specialized Pediatric Oncology Hospital in Romania
OMV Petrom grants EUR 10mn sponsorship to the ‘Daruieste Viata’ Association project for the construction of the first Pediatric Oncology…
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BP starts gas production from the second stage of Egypt’s West Nile Delta development
BP recently announced first gas production from the second stage of its West Nile Delta development offshore Egypt.
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New rules for improving the functioning of the EU gas market
New rules to ensure that pipelines with third countries comply with EU regulation have been provisionally agreed by negotiators from…
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Financing for the construction of the first network of CNG stations in Romania
The first specific objective is to initially establish in the market a network of CNG stations consisting of 9 functional…
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BSOG moving forward with the Midia Gas Development Project
Black Sea Oil & Gas (BSOG) and its co-venture partners, Petro Ventures Resources and Gas Plus International announced on February…
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SATORP awarded contract for refinery debottlenecking project in Saudi Arabia
KBR announced on February 4 it has been awarded a contract by SATORP (a joint venture between Saudi Aramco and…
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LUKOIL reports preliminary operating data for Q4 and 2018
In the fourth quarter of 2018 production increased by 1.9% quarter-on-quarter and averaged 2,371 thousand boe per day.
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Romgaz’s strategic objectives for 2019
Constructing new energy objectives, acquisition of alternative energy sources and expanding into other markets, are some of the strategic objectives…
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ROPEPCA members expect a decrease in tax paid to the state budget and increased jobs insecurity
ROPEPCA believes that the new regulations will lead to a double loss for both the petroleum sector and the state…
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