Bucharest, June 13, 2023 - OMV Petrom has discovered new oil and natural gas resources in the Oltenia and Muntenia regions of southern Romania. According to the company, the investment in the exploratory drilling campaign amounted to approximately 20...
Bucharest, May 17, 2023 - The media from Kyiv announced the other day that Ukraine has "temporarily suspended" the supply of oil to Hungary through the Druzba pipeline, the state-controlled Russian media RIA Novosti said on November 15, citing...
By rbj
The bad signs had appeared a few days before, when the "leader" of Hungary, Viktor Orban, was about to drown on a recreational lake in the US. He was saved by a journalist who was following him from...
By rbj
OMV Petrom, the company that owns the majority stake in the former Romanian state company Petrom, boasts that it has invested 530 million euros in the Brazi power plant, this being the largest greenfield private investment in Romania,...
By rbj
Law amending and supplementing Law no. 256/2018 on some measures necessary for the implementation of oil operations by holders of oil agreements on offshore oil perimeters entered into force today.
The law provides for a set of measures on...
By Edwig Ban
OMV Petrom S.A., the largest energy company in South-Eastern Europe, reached an agreement for the transfer of 40 onshore oil and gas fields in Romania to Dacian Petroleum S.R.L. as part of a business transfer arrangement. The...
By Jerom Bolt
StillCanna, a Canadian company specializing in cannabis oil production from hemp leaves, will open in the last quarter of 2019 the world's first large-scale cannabidiol extraction plant, after an investment of about $ 1.8 million.
The unit, located...
By Jerom Bolt
Amerocap LLC, a US-based investment firm announces the expansion of its own private equity investment activity, which identifies stranded assets and emerging trends in the energy and defense sectors. On the company's website, Romania appears as an...
y Edwig Ban
The Government today approved the extension by 2045 of the oil agreement between state and ExxonMobil and OMV Petrom for the Neptun Deep offshore gas perimeter in the Black Sea by 2045. The agreement signed in 2000...
By Jerom Bolt
Donald Trump's policy of supporting small oil investors and giving up climate constraints has historical effects in the US.
According to Bloomberg, the US has become a net exporter on the oil market. There is an end to...
Bucharest, November 29, 2023 - # rbj - Israelis from Elbit Systems Ltd. (Elbit Systems) and Romarm, through its subsidiary Uzina Automecanica Moreni (UAM),...
Bucharest, November 29, 2023 - # rbj - Romanian startup Peelhy won the regional phase of pitch competition for sustainable future, organized for Central...
Bucharest, November 28, 2023 - # rbj - DOUGLAS Romania continues its mission of supporting Romanian brands and local producers within the ROBrands project,...