Romania

British explorer Aurelian Oil and Gas has announced on behalf of its Romanian subsidiary and joint venture (JV) partner Romgaz that the Vicsani-1 well has been successfully completed... 2008-08-06

UK-listed independent Aurelian Oil and Gas has spudded the Fratauti-2 shallow well in the Brodina concession in north-eastern Romania.

Hungary's MOL and Romania's Transgaz have agreed a deal to construct a new natural gas pipeline connecting the two countries. According to a statement from MOL, the pipeline will... 2008-01-25

Romania's largest oil company SNP Petrom, in which Austria's OMV holds a 51% stake, has announced that it will challenge the National Environmental Agency's (NEA) decision to temporarily... 2007-05-31

Russian company Lukoil is the second largest private oil company worldwide in terms of hydrocarbon reserves: it owns 1.3% of worldwide reserves and accounts for 2.1% of global

High energy prices, concerns about future energy security and a growing scientific consensus surrounding the fact and causation of climate change have pushed EU energy policy to centre... 2007-01-10

Anglo-Dutch major

In recognition that the domestic oil and gas industry needed new ideas, new investment and access to better technology and expertise, the government sold 51% of national oil company... 2006-07-03