06.05.2014

The Black Sea depths have ‘swallowed’ more than $1.3 billion since the beginning of exploration works carried out by ExxonMobil in partnership with Romania’s largest company OMV Petrom (SNP.RO) more

06.04.2014

Romania’s natural gas transmission system operator Transgaz Medias (TGN.RO) must upgrade its pipeline network to be able to carry the gas extracted from the Black Sea blocks, OMV Petrom chief more

04.15.2014

Oil exploration in the Black Sea, energy sector initial public offerings, the most certain of which currently is Electrica’s, after Hidroelectrica’s relapse into insolvency, and energy efficiency more

02.25.2014

ExxonMobil Exploration and Production Romania invested so far $500 million in its Black Sea block run jointly with OMV Petrom and expects the figure will double before the parties reach a decision more

01.10.2014

Canadian Sterling Resources plans to sell up to half of its equity interests in the Romanian Black Sea licenses, the company’s vice-president for Romania, Mark Beacom, told Mediafax. more

12.02.2013

Romania’s largest online computer and electronics retailer eMag registered sales of EUR3.5 million during its first Black Friday sales campaign in Bulgaria, held on November 29, general manager more

11.26.2013

Romanian online computer and electronics retailers eMag.ro, cel.ro, PC Garage group, f64.ro and evomag.ro saw more than EUR31 million sales at this year’s Black Friday, higher than last year, more

11.25.2013

Online retailer eMag.ro registered sales of EUR23 million during its early Black Friday discount sales campaign, Dante International, owner of eMag, said Monday. more

11.25.2013

Photo and video equipment retailer F64 Studio had sales of over RON9 million (EUR2 million) during its three-day Black Friday sales campaign over the weekend, the company said Monday. more

11.25.2013

Romanians shook off their shopping gloom for the Black Friday three-day weekend and bought products of around EUR70 millions of euros from traditional and online IT &C retail, up from last year. more

11.25.2013

OMV Petrom (SNP.RO), the largest company in Romania, will drill a second deep-water exploration well in the Romanian section of the Black Sea towards the end of the second quarter of next year. While more

11.22.2013

Online IT and electronics retailers emag.ro, evomag.ro, F64 Studio and retailer Domo had sales of over RON80 million in the first 12 hours of their Black Friday sales campaign, the companies said in more

11.22.2013

Romanian online retailer eMAG sold two Ford Focus, a Ford Kuga and a Dacia Logan in the first minutes of its early Black Friday discount sales campaign. more

11.21.2013

Canadian Sterling Resources plans to reduce holdings in all of its Romanian Black Sea licenses during 2014, the company said in its quarterly financial report Thursday. more

11.21.2013

Tour operators will start the Black Friday sales campaign this Friday and will offer discounts of up to 50% for vacation packages in Romania and abroad. more

11.19.2013

Romania’s natural gas producer Romgaz (SNG.RO) will start exploration drilling next year in two Black Sea oil blocks in a project where it partners up with a firm controlled by Russian giant Lukoil, more

11.18.2013

Over 400,000 Romanians will buy products from online retailers during the Black Friday sales campaign due on November 22 and the value of transactions will exceed EUR40 million, according to estimates more

11.14.2013

Romanian electronics retailer Flanco and online computer and electronics retailer eMag.ro estimate sales of EUR41 million during the upcoming Black Friday sales campaign, Iulian Stanciu, general more

10.10.2013

Romania’s National Mineral Resources Agency (ANRM) says it will hold a new auction for exploration, development and drilling licenses for about 28 onshore and 8 offshore oil blocks in the Black Sea more

10.01.2013

Romania plans to start exploring for gas in the Black Sea to increase its energy reserve, minister delegate for Energy Constantin Nita said Tuesday. more

08.19.2013

Metallurgical industry electrodes maker Elsid SA based in Titu, southern Romania, has started to develop a 24MW wind farm in Corbu, on the Black Sea Coast. more

08.19.2013

Mariana Gheorghe, CEO of Romania’s largest oil company OMV Petrom (SNP.RO), said Petrom and US ExxonMobil, its partner for deepwater Black Sea exploration, set off talks with Transgaz to analyze the more

04.29.2013

A joint venture possibly between oil-company OMV Petrom (SNP.RO), U.S. giant ExxonMobil and natural gas transporter Transgaz (TGN.RO) might build a pipeline to bring onshore the natural gas Romania more

04.25.2013

There are “good prospects” in the natural gas reserves potentially available in the Black Sea, the Romanian state-run natural gas transporter Transgaz Medias (TGN.RO) said Thursday. more

04.04.2013

Romanian dominant oil company OMV Petrom (SNP.RO) Thursday said that natural gas output at a deepwater well in the Black Sea developed together with ExxonMobil could reach as much as 6.5 billion cubic more