gas
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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.
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...
Three chemical industry players buy cheapest gas from Romgaz
In the first three months of the year, the share of imported gas in national consumption reached unusually high levels, although natural gas demand is still low.
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...
How Romania will supply gas to Austria ahead of Nabucco
The first project that will bring gas from the Caspian region to Western Europe will be the one carried out at the initiative of Romania, Georgia and Azerbaijan, which entails the constructi...
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.
Kazakh petroleum revives Petrom's “black gold” production
Petrom, Romania's largest company, the only petroleum and gas producer in Romania, saw a rebound of its hydrocarbon production in the last three months of last year, but did not manage to ex...
Kazakhs at Rompetrol: We are also interested in energy and gas, not only in petroleum
Rompetrol petroleum group, which is 100% controlled by Kazakh state-owned company KazMunaiGaz, could also start to sell electrical power and natural gas at some point, besides petroleum and...
Petrom puts five motels with 77 rooms up for sale
Petrom, the largest company on the Romanian market, which deals in petroleum and gas, is continuing the process of outsourcing its non-core assets, by putting up for sale five motels that cu...