U.S. natural gas futures dropped to $3.08/MMBtu on Tuesday, their lowest in over a week, after surging 20% in November. Gas ...
OMV Petrom, the largest integrated energy producer in Southeast Europe, has entered into a strategic partnership with NewMed Energy Balkan, a subsidiary of NewMed Energy, to advance exploration ...
Company says sale of assets in Egypt, Italy and Croatia will free up management time and capital for new acquisitions ...
NewMed Energy signed an agreement to buy a 50 percent stake in the Han Asparuh block, located on Bulgaria's side of the Black Sea, from OMV Petrom.