Romania | Egypt Oil & Gas - Part 2

Lukoil Makes Large Gas Discovery Offshore Romania

Russia’s Lukoil has announced the discovery of a new gas field off the Romanian coast, reported Penn Energy. The new discovery is in a deepwater area of the Black Sea—with depths ranging from 300-1,200 meters deep. Re...

Romania, Bulgaria to Support New Gas Pipeline

Four ex-communist countries have signed a declaration of support for the construction of a gas pipeline across all four states that will ease dependence on energy coming from Russia. Romania has decided to back a new ...

Romanian Oil, Mining Investments Suffer Violence in Mali

Unidentified gunmen kidnapped a Romanian security officer on Saturday from a manganese mining project in northern Burkina Faso, near the border with Mali’s lawless desert north, the company and a security source...

Chevron Abandons Romanian Shale Gas Exploration

U.S. oil company Chevron says it has pulled out of shale gas drilling in Romania, weeks after ending business in Poland. The company began drilling for shale gas at its exploration well l in northeastern Romania in 20...

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