News in Romania
OMV Petrom Starts 3D Shallow Water Seismic Survey In Black Sea
Romanias dominant oil and gas group OMV Petrom (SNP.RO) has started its first 3-D seismic campaign in the shallow water sector of Neptun block in the Black Sea, the company said in a statement Monday.
Roche Expects Growth Of Up To 5% In 2013, General Manager Says
Roche Romania, the local division of Hoffmann la Roche, estimates this years growth stands at no more than 5%, compared with the EUR214 million.
Businessman Ovidiu Tender Happy With 2012 Performance
The year 2012 was very good, says businessman Ovidiu Tender, because it was a year when he made acquisitions and signed deals for geological.
ExxonMobil Ready To Spend $1B In January 2013 For Black Sea Operations
ExxonMobil, which is conducting the most extensive deepwater exploration campaign in the Black Sea ever together with OMV Petrom
Petrom: Our Biggest Wells Are In The Black Sea
The biggest of the 9,000 wells that OMV Petrom (SNP.RO) drills in 240 commercial oil and gas fields can be found in the Black Sea, an area that already generates 20% of the companys hydrocarbon production.
Oltchim Privatization, The Perfect Disaster Of Politicians Managing The State
Is there anything more? Theres nothing more, Remus Vulpescu, head of the Economy Ministry's privatization office OPSPI, said Friday after opening the envelope containing the offer of Dan Diaconescu, the unexpected winner of the auction to privatize chemical company Oltchim Ramnicu Valcea.
Leu Touches 4.52 Vs Euro In Early Trade, Regains Shortly After
The Romanian leu fluctuated versus the euro in early trade Monday, touching 4.52 units in the first trading hour but soon getting close to...
Bucharest Stocks Open Flat, In Quiet Market
The Bucharest-listed shares opened in green, but slid shortly after, following the negative trend on international markets, while the traded values...