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HYDROCARBON

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Petrom: Our Biggest Wells Are In The Black Sea
Energy

Petrom: Our Biggest Wells Are In The Black Sea

The biggest of the 9,000 wells that OMV Petrom (SNP.RO) drills in 240 commercial oil and gas fields can be found in the Black Sea, an area that already generates 20% of the company’s hydroca...

Neagu Bogdan Mircea · 28.11.2012 · 00:00 · 5 min
OMV Petrom's Output Down In 1Q, But Gas Sales Rise
Energy

OMV Petrom's Output Down In 1Q, But Gas Sales Rise

The hydrocarbon production of Romania's largest oil and gas company OMV Petrom (SNP.RO) fell slightly in the first quarter, due to severe weather conditions, according to a trading statement...

Bogdan Neagu · 24.04.2012 · 11:15 · 1 min
Rompetrol Announces Hydrocarbon Discovery At Satu-Mare Block
Energy

Rompetrol Announces Hydrocarbon Discovery At Satu-Mare Block

Romanian second largest oil group Rompetrol NV Thursday announced a hydrocarbon discovery at two wells in its Satu-Mare perimeter drilled jointly with Canadian Winstar Resourses Ltd.

Florentina Dragu · 22.03.2012 · 21:01 · 1 min
Energy

OMV Petrom Reports 1% Rise In 2011 Hydrocarbon Production, To 67.77 Million Boe

Oil company OMV Petrom (SNP.RO) on Wednesday reported that hydrocarbon production for 2012 rose 1% on the year, to 67.77 million barrels of oil equivalent (boe), due to the drilling of new w...

Andrei Cîrchelan · 22.02.2012 · 10:54 · 1 min
Sterling Resources Strikes Deal With Authorities For Black Sea Block Exploration
Energy

Sterling Resources Strikes Deal With Authorities For Black Sea Block Exploration

Canadian Sterling Resources on Friday said it has reached an agreement with Romania’s Economy Ministry enabling the former to continue exploration on several blocks in the Black Sea.

Andrei Cîrchelan · 28.10.2011 · 13:48 · 1 min
Energy

Petrom Group 1Q Hydrocarbon Output Up 1% YY, To 16.78M Boe

Romanian oil group OMV Petrom (SNP.RO) Wednesday reported a 1% year-on-year increase in its first quarter hydrocarbon production, driven by higher gas production in Romania and higher hydroc...

Andrei Cîrchelan · 11.05.2011 · 11:56 · 1 min