The Russian gas company is facing potential losses of approximately 257 billion CAD. The company plans mass layoffs and asset ...

On Tuesday, the United States and Russia reached separate agreements to stop attacks on energy and maritime targets. Washington ...

Romania will double its gas production and bring EUR 20 billion into the national economy thanks to the Neptun Deep project ...

The United States reached separate deals on Tuesday with Ukraine and Russia to halt attacks at sea and against energy targets ...

The United States reached separate deals on Tuesday with Ukraine and Russia to halt attacks at sea and against energy targets ...

An exploration well drilled offshore Norway by Austrian energy company OMV has turned out to be dry. The Horatio prospect 20 kilometres north-west of the producing Gjoa field in the North Sea was ...

OMV Petrom and ROMGAZ have commenced drilling the first well in the Neptun Deep project, which is claimed to be the largest ...

OMV (Norge) AS has plugged the Horatio prospect in the North Sea. The well is classified as dry. Well 35/6-6, the first to be drilled in production license 1109, was drilled using the Transocean Norge ...

Austria spent this heating season with one of the highest wholesale electricity prices in the European Union. The main reason ...

CEE’s leading platform for the gas and LNG industry, is just around the corner, featuring exciting discussions with industry ...

On Tuesday, the owners of Romania's Neptun Deep offshore project announced that drilling had begun in the Black Sea. This could ...

BUCHAREST, - Drilling at Romania's Neptun Deep offshore gas project began in the Black Sea on Sunday, its owners said on Tuesday, putting one of the EU's largest gas deposits on track for production ...