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With Oil Price Headed To $20, OMV Petrom Is Better Off Importing, Analysts Say
Capital Market

With Oil Price Headed To $20, OMV Petrom Is Better Off Importing, Analysts Say

The oil price dropped to less than $30 last week, something that did not happen even when Lehman Brothers collapsed in the fall of 2008.

Loredana Frățilă-Cristescu · 27.01.2016 · 09:55 · 2 min
Lukoil To Spend At Least Another $200M On Black Sea Exploration Drilling in 2015
Energy

Lukoil To Spend At Least Another $200M On Black Sea Exploration Drilling in 2015

Lukoil Overseas, the international exploration and production division of Russia’s oil group Lukoil, says it plans to spud two new wells in the Trident offshore block, one of the two it leas...

Loredana Frățilă-Cristescu · 01.04.2015 · 22:21 · 1 min
Dafora Starts Drilling At Rompetrol’s Field In Zegujani
Energy

Dafora Starts Drilling At Rompetrol’s Field In Zegujani

Romanian Dafora Medias (DAFR.RO) started drilling an exploration well in the southwestern county of Gorj, the company said in a statement Tuesday.

Florentina Dragu · 02.04.2013 · 11:10 · 1 min
Rompetrol To Invest Over $10M In Zegujani Oil Field In 2013
Energy

Rompetrol To Invest Over $10M In Zegujani Oil Field In 2013

Romania’s second largest oil group Rompetrol will invest over $10 million in drilling works at its Zegujani onshore field in the southwestern counties of Mehedinti and Gorj, the company said...

Florentina Dragu · 26.03.2013 · 14:47 · 1 min
Chevron: Two More Permits And We’ll Start Drilling
Energy

Chevron: Two More Permits And We’ll Start Drilling

U.S. oil group Chevron said that if Romania wants to start shale gas drilling, now is the time to do it because exploration work alone takes five years. No European country is currently prod...

Tudor Ioana Raluca · 20.03.2013 · 00:00 · 2 min
Sterling Resources Begins Drilling Well In Romanian Black Sea
Energy

Sterling Resources Begins Drilling Well In Romanian Black Sea

Canadian Sterling Resources Friday said it has started drilling operations at its Ioana-1 deepwater well in the Romanian Black Sea.

Florentina Dragu · 05.10.2012 · 11:12 · 1 min