Browsing: hydrocarbon

OMV Petrom’s hydrocarbon output dropped to 113.500 barrels of oil equivalent per day in the third quarter of 2023, compared to 117.200 barrels of oil equivalent…

Although we are in the midst of the energy transition and renewable energy sources are on the rise, the country’s raw material resources must be developed…

Oil and gas company OMV Petrom, part of OMV Group, recorded a net profit of 191.5 million euros in the first half of 2023. That is 80% lower…

US company ExxonMobil submitted a request for the extension of its hydrocarbon exploration license in the two blocks west and southwest of Crete by additional two…

Greek oil refiner Hellenic Petroleum (ELPE) said that it has entered talks with French oil and gas company TotalEnergies in order to settle issues arising from…

Greek Government is now fully committed to supporting hydrocarbon upstream activities after the European Union decision to end its reliance on Russian natural gas. Prime Minister…

According to Montenegrin media, Greek oil and gas company Energean may miss the deadline under its hydrocarbon concession in the Adriatic Sea because it has not…

Total hydrocarbon production of Romanian natural gas producer Romgaz fell by 18.8 % year-on-year to 20.69 million barrels of oil equivalent in the first nine months…

Preparations are underway for the first exploratory drilling in the Adriatic Sea, which, according to current estimates, will begin in the first quarter of next year.…

The offshore hydrocarbon law, which poses as the greatest obstacle for further investments in the Black Sea gas projects, will be amended after the parliamentary elections,…