MOL Group has signed a deal to acquire a 56.15% stake in Serbia’s NIS from Gazprom Neft.
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OMV Petrom has discovered a new onshore natural gas reservoir in southern Romania.
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OMV Petrom and ROMGAZ have begun drilling the first gas production well for Romania's Neptun Deep project.
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OMV Petrom has started construction on an SAF and HVO unit at Romania's Petrobrazi refinery.
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Romania is holding its first auction for renewable energy, allocating 1.5 GW in wind and solar projects.
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The EU has approved an aid package totalling USD 3.9 billion to support onshore wind and solar projects in Romania.
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Ukraine, Moldova and Slovakia have joined with other European nations in developing the Vertical Gas Corridor that will connect Greece to its northern neighbours,…
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OMV Petrom has discovered gas onshore Romania while Equinor has made a minor find offshore Norway, Petrom and the Norwegian Petroleum Directorate announced separately…
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Serinus Energy has encountered gas deposits in the Moftinu-1003 well onshore Romania, the company announced on Monday.
The discovery, which follows the success of…
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Serinus Energy has struck gas in the Satu Mare block in Romania, the Canadian player announced on Tuesday.
The Moftinu-1007 well was drilled 20% under budget, the…
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ExxonMobil has added 1 billion boe of proved oil and gas reserves in 2015, the super-major said in a press release on Friday.
The increase includes replacing 67% of…
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Ten EU nations have voiced a position that Russia’s planned Nord Stream extension of a gas pipeline network to Germany runs contrary to EU interests and could further…
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Lukoil has encountered gas in a deepwater well in Romania’s Trident block, the company said on Wednesday.
The Russian state operator made the find in the Lira 1X…
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Norway’s Vard Holdings, a designer and builder of specialised offshore vessels, has won a contract to design and construct a diving support and construction vessel…
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Deputy Finance Minister Dan Manolescu announced on Monday that the Romanian government is planning to change the royalty taxes for players in the oil and gas industry.…
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