Romania’s OMV has concluded the sale of its 5% stake in the Ghasha concession to Lukoil Gulf Upstream for $594m (2.63bn lei).

BP-led consortium commits $2.9 billion to expand Azerbaijan's Shah Deniz field to access low-pressure gas reserves in the ...

The owners of the Shah Deniz gas field in the Azeri Caspian Sea led by BP made a final decision to invest $2.9 billion in ...

BP said the Shah Deniz consortium took a final investment decision to spend $2.9B to advance a new compression project at the ...

The attack on Kharkiv comes one day after Russia launched one of the fiercest barrages on Ukraine, striking six Ukrainian ...

On Saturday, June 7, a large-scale fire broke out in the town of Kstovo in Russia's Nizhny Novgorod region. One of the oil ...

In Kstovo, Nizhny Novgorod region in Russia, a massive fire broke out at one of the factories. It erupted shortly after a ...

Economic cooperation has been accelerating. In 2024, mutual trade grew nearly fourfold to $375.2 million, while Bulgarian ...

OMV has sold its 5% stake in the Ghasha ultra-sour gas concession offshore Abu Dhabi in the United Arab Emirates.

Following the acquisition of Austria-based OMV’s stake in the Ghasha concession in Abu Dhabi waters, Russian company Lukoil’s interest in the offshore sour gas asset has doubled to 10% Russia’s Lukoil ...

Delyan Peevski has filed a formal complaint with the Commission for Protection of Competition (CPC), according to a statement ...

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