ExxonMobil remains focused on growing its core oil and gas business as alternative renewable energies are mostly unable to offer attractive rates of return compared to hydrocarbons, a top official at the US oil giant said Sept. 30.
read more... 01/10/2020
Russia’s move away from hydrocarbons took another step forward this week, as the country’s Ministry of Energy announced a roadmap to start producing clean hydrogen by 2024.
read more... 24/07/2020
Poland’s leading gas firm, state-run PGNiG, said on Monday it agreed a deal with Ukraine’s ERU Management Services to cooperate on hydrocarbon extraction and exploration in Ukraine.
read more... 10/12/2019
Romania's top oil and gas group OMV Petrom said on Tuesday said it has discovered new hydrocarbon resources in Gorj county, in Oltenia region.
read more... 09/10/2019
The Croatian Hydrocarbon Agency (CHA) said that the sole bidder in the latest tender for oil and gas exploration and exploitation in the Dinarides area has applied for only one of the four exploration blocks offered.
read more... 24/09/2019