oil

The Romanian company Petrom announces the discovery of new oil and gas deposits. Romania has been producing crude oil and gas for over 150...

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...

The war in Ukraine, collateral effects: Hungary remains without oil from the Russians. The Hungarians say that Ursula von der Leyen is aware of...

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...

The empress of Hungary, the oil company Mol, sits dizzy in the chair of sand built by Viktor Orban

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...

The pinnacle of Austrian arrogance: OMV Petrom boasts of an investment from 10 years ago. In fact, it is the only one in Romania

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,...

The new offshore law provides additional benefits to investors in the Romanian oil and gas sector

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...

OMV Petrom signs agreement to transfer 40 fields to Dacian Petroleum S.R.L.

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...

StillCanna: Romania will become a major CBD producer in Europe

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...

American company Amerocap prepares investments in Port of Constanta, Romania

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...

Government extends the agreement with ExxonMobil and OMV Petrom for the Black Sea gas in 2045

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...

Trump wins: US becomes net oil exporter after 75 years

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...
- Advertisement -

Latest News

The Finnish company Nokian Tires inaugurated the tire factory in Romania, an investment of 650 million euros

Bucharest, September 19, 2024 – RBJ - The Finnish tire manufacturer Nokian Tires inaugurated on Thursday, September 19, the...
- Advertisement -

AccessABILITY Expo hosts the ED&I Job Fair, offering thousands of job opportunities for people with disabilities in Romania

Bucharest, September 18, 2024 - RBJ - Dozens of companies will offer thousands of jobs for the disability community at the first edition of...

Eurostat: Romania maintains its leading position with the highest level of inflation

Bucharest, September 18, 2024 - RBJ - The annual inflation rate in the European Union decreased in August to 2.4%, from a level of...

Tens of competitions at the biggest gaming event of the year in Romania:Bucharest Gaming Week will take place on October 12th and 13th

Bucharest, September 17, 2024 - RBJ - Bucharest Gaming Week, the event that brings together gamers and the newest and most popular games of...

Why does Poland want war with Russia? The wounds of history and the megalomania of Warsaw at the beginning of a century full of...

Bucharest, September 16, 2024 - RBJ - By Constantin Radut - For many weeks, this year especially, Polish Foreign Minister Radoslaw Sikorski, or more...