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DNV GL survey: energy efficiency as a proven investment strategy
DNV GL recently released findings from a comprehensive survey of nearly 500 commercial facility managers across the United States to…
Read More » - Oil & Gas
NOV has completed acquisition of Fjords Processing
National Oilwell Varco, Inc. (NOV) has completed its previously announced acquisition of Fjords Processing, a global leader in the provision…
Read More » - Oil & Gas
FMC Technologies and Technip multibillion-dollar merger completed
TechnipFMC recently announced that it is operating as a unified, combined company following completion of the merger of FMC Technologies…
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Big new oil discovery in Alaska
ConocoPhillips Alaska announced on January 13 a new oil discovery in the Greater Mooses Tooth (GMT) Unit located in the…
Read More » - Oil & Gas
Schlumberger acquired Peak Well Systems
Schlumberger announced the acquisition of Peak Well Systems (Peak), a leading specialist in the design and development of advanced downhole…
Read More » - Metals & Mining
Governing programme 2017-2020: Priorities in the energy sector
Romania’s current development phase requires the development of the highly qualified human capital and investment in research, innovation and development,…
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BVB 5 most traded shares in December 2016
Bucharest Stock Exchange (BVB) continued its growth in December 2016, a month when the main BVB indices, BET and BET…
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EU, EIB and EBRD to support Romania – Moldova gas interconnection
In a joint effort to strengthen Moldova’s energy security, the European Union (EU), the European Bank for Reconstruction and Development…
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Who will bid for Iranian oil & gas projects?
According to Shana news agency, Iran has pre-qualified 29 international companies to bid for its oil and gas projects based…
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Halliburton intends to acquire Russia’s Novomet
Halliburton announced on December 23, 2016, that it has made a filing with the Federal Antimonopoly Service of Russia (FAS)…
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USD 136 BN mergers and acquisitions worldwide in the upstream sector
The oil prices upturn, the prospects of keeping the upward trend in terms of global demand and especially the OPEC…
Read More » - Opinion
The agreement in Vienna
The Organization of Petroleum Exporting Countries (OPEC) and a number of oil producing countries outside the cartel reached at the…
Read More » - Opinion
Oil revival: Donald Trump’s energy promises
The outcome of US elections in November 2016 was a surprise for many analysts and the echoes have not ceased…
Read More » - Oil & Gas
Gazprom and OMV signed binding Basic Agreement on asset swap
Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the OMV Executive Board, signed on 14…
Read More » - Oil & Gas
Claren Energy started drilling the Bobocu 310 side-track well
Claren Energy Corp. announced that drilling operations have commenced on the Bobocu 310 side-track well (B310-ST1). B310-ST1 is being drilled…
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SOCAR’s second filling station in Bucharest
SOCAR has inaugurated, on March 16th, a second gas station in Bucharest, coming up to 33 filling stations in Romania.…
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Transgaz – GRTgaz Memorandum of Cooperation
Under the patronage of the French Embassy in Bucharest, Transgaz SA Romania and GRTgaz France signed, on May 25 in…
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OMV Petrom, lower investments in 2016
The Ordinary General Meeting of Shareholders approved the Executive Board proposal not to distribute dividends for the financial year 2015.…
Read More » - Oil & Gas
Growing sales for MOL Romania
MOL service station network in Romania included 206 stations end-March, after the acquisition completed last year and investment in new…
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CEFC and KazMunayGas to build a long term strategic partnership
China CEFC Energy Company Limited and JSC NC “KazMunayGas” (KMG) have signed recently transaction documents to establish a joint venture…
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