OMV Petrom strengthens its presence in the renewable energy sector with the acquisition of 50% of Electrocentrale Borzești shares and production assets from Renovatio Group, totaling an installed capacity of 1,018 MW.
OMV Petrom strengthens its presence in the renewable energy sector with the acquisition of 50% of Electrocentrale Borzești shares and production assets from Renovatio Group, totaling an installed capacity of 1,018 MW.
Encavis Asset Management AG has finalized the sale of a European wind farm portfolio totaling 48 MW, distributed in France and Germany, for the benefit of an institutional investor.
Encavis Asset Management AG has finalized the sale of a European wind farm portfolio totaling 48 MW, distributed in France and Germany, for the benefit of an institutional investor.
The Russian Deputy Prime Minister announces that the decision to increase oil production by OPEC+ in December remains uncertain, due to market fluctuations and global demand.
The Russian Deputy Prime Minister announces that the decision to increase oil production by OPEC+ in December remains uncertain, due to market fluctuations and global demand.
The Tengiz oil field in Kazakhstan, operated by Chevron, sets a production record in October, escalating the country's tensions with OPEC+ over production quota compliance.
The Tengiz oil field in Kazakhstan, operated by Chevron, sets a production record in October, escalating the country's tensions with OPEC+ over production quota compliance.
US crude oil reserves have unexpectedly risen, while refineries continue to slow down. This situation influences crude oil prices and reflects a mismatch between production and market demand.
US crude oil reserves have unexpectedly risen, while refineries continue to slow down. This situation influences crude oil prices and reflects a mismatch between production and market demand.
The Asian high sulfur gasoil market saw a rise in prices and a narrowing of the spread to its lower-sulfur counterpart, mainly due to increased Indonesian demand.
The Asian high sulfur gasoil market saw a rise in prices and a narrowing of the spread to its lower-sulfur counterpart, mainly due to increased Indonesian demand.
The world's largest oil companies are competing to secure a share of Galp's significant Mopane oil discovery in Namibia's Orange Basin, estimated at 10 billion barrels of oil equivalent.
The world's largest oil companies are competing to secure a share of Galp's significant Mopane oil discovery in Namibia's Orange Basin, estimated at 10 billion barrels of oil equivalent.
Chinese refiners' Iranian oil imports are expected to decrease due to stricter sanctions and tensions in the Middle East. However, major disruptions appear unlikely, according to sources in China's energy sector.
Chinese refiners' Iranian oil imports are expected to decrease due to stricter sanctions and tensions in the Middle East. However, major disruptions appear unlikely, according to sources in China's energy sector.
