Ukraine will introduce the mandatory addition of 5% bioethanol to motor fuel from May 1 to meet EU sustainability regulations ...

Romania’s oil and gas group OMV Petrom (BVB: SNP) reported a 3.8% year-on-year decline in hydrocarbon production for the ...

The French Chamber of Commerce, Industry and Agriculture in Romania (CCIFER), which has some 600 member companies, has ...

As European markets grapple with the impact of new U.S. trade tariffs, which have dampened investor sentiment and led to a decline in major indices like the STOXX Europe 600, investors are ...

Romania’s OMV Petrom has started drilling a first development well to commercialise natural gas reserves at the Pelican South ...

OMV Petrom and ROMGAZ have commenced drilling the first well in the Neptun Deep project, which is claimed to be the largest natural gas project in the Romanian Black Sea and the first deep-water ...

NewMed Energy LP has completed the acquisition of a 50 percent stake in the Han Asparuh block on Bulgaria’s side of the Black Sea from OMV Petrom SA. “With the closing of the transaction ...

BP expands its natural gas portfolio, joining SOCAR and NewMed in exploring Israel's offshore reserves after winning six key ...

Global stock markets fell sharply yesterday, with European markets, for example, hitting their lowest levels in two months, ...