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Category: Energy News

Bulgaria anti-trust regulator opens cartel investigation against petrol retailers, refinery

The retailers covered by the cartel investigation were: Shell Bulgaria (a subsidiary of Royal Dutch Shell), OMV Bulgaria (owned by Austria’s OMV), Rompetrol Bulgaria...

Montenegro oil-gas exploration public discussion after contracts with Novatek-Eni

It remains unclear how did Montenegro put the strategic study on the draft program on public debate, even though last week the Government already...

Total, Key Petroleum, Spectrum wants Bosnia oil exploration concessions

After the oil giant "Shell" abandoned the project of the exploration of the potential sites for oil and gas in the territory of FBiH...

Lukoil Romania Petrotel oil refinery prepares for Iran oil

Lukoil is the largest private oil and gas company in Russia, present in Romania since 1998, when it acquired the refinery Teleajen. In its...

Oil and gas company MOL cuts CAPEX, focus on projects in Croatia, Russia, Pakistan

Field development will focus on Hungary and Croatia -- projects that MOL said "are robust even at $30/b" -- but will also continue in...

OMV Petrom & Exxon oil gas exploration in Black sea Romania

OMV Petrom and America’s ExxonMobil have successfully finalized the second drilling campaign in the Neptun block where the two companies have invested a total...

China CEFC takes over Rompetrol Romania assets

The takeover of the Rompetrol Group by the Chinese company CEFC will be a long-term partnership that will be beneficial to both the oil...

Shell takeover of Petroleum Banker's Albania oil rights

A major oil player such as Shell could play ball with the Albanian government and some political risks could be better mitigated in my...

Shell remains in Greece until it manages to sell its assets

Shell is keeping its presence in Greence, at least until it manages to sell its assets. Shell would accept a good offer to sell...
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