Oil
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MOL could start oil & gas production in five years
Hungary's oil group MOL is set to invest 9.4m dollars to explore three perimeters of western Romania with a "good potential" of oil and gas.
Statul vrea să includă terenuri de 22 mil. euro în capitalul Oil Terminal. Minoritarii trebuie să aducă 14,9 mil. euro cash
Conducerea operatorului portuar Oil Terminal din Constanța (OIL) intenționează să majoreze capitalul social al companiei cu un aport în natură în valoare de 151,789 mil. lei (circa 22 mil. e...
SIF Transilvania eyes oil, petrochemical and energy sectors in 2011
SIF Transilvania financial investment company has a 61 million-lei (14.5 million-euro) investment budget it wants to target mainly at stock exchange listed oil and energy companies.
Petrom from gas and oil, to electrons and wind
Petrom, Romania's biggest company, became part of Austrian OMV's portfolio in late 2004, with the company over the past six years undergoing a significant transformation process that has mar...
Diesel oil and petrol, "fighting" for a leading position in European ranking of price increases
Prices or diesel oil and petrol have risen by 8.6% and 15.8%, respectively, in euros, since the start of the year, with Romania ranking among countries with the highest fuel price growth in...
How does Petrom gain four times more than last year if it produces and sells less?
Petrom, Romania’s only oil and gas producer, in the first six months of this year generated income worth 1.5bn RON (366.8m euros), more than four times bigger than a year ago and almost do...
Petrom gives up 270 employees by outsourcing some operations
Petrom, the biggest domestic company, the only Romanian producer of oil and gas, has recently decided to outsource part of its oil equipment repair operations to CDI Oilfields Services, the...
Eni sees sales of oil products up in Q1
Eni Romania, the former Agip, the domestic subsidiary of Italy's giant Eni, the world's fifth largest oil corporation, says it saw fuel sales go up in the first three months of the year desp...
OMV: Oil and gas production in Romania will not rise unless a major discovery is made in Black Sea
The rush for oil and natural gas is over 100 year-old in Romania, with some of the reserves exploited today having reached maturity.