Romania will double its gas production and bring EUR 20 billion into the national economy thanks to the Neptun Deep project ...

On Tuesday, the owners of Romania's Neptun Deep offshore project announced that drilling had begun in the Black Sea. This could ...

BUCHAREST, - Drilling at Romania's Neptun Deep offshore gas project began in the Black Sea on Sunday, its owners said on Tuesday, putting one of the EU's largest gas deposits on track for production ...

MOSCOW, March 25. /TASS/. OMV Petrom, a subsidiary of Austria’s OMV, and Romania’s Romgaz have started the spud of the first gas production well at the Neptun Deep field in the Black Sea, the two ...

The Kremlin announced potential US-Russia talks early next week, amid scheduled US-Ukraine discussions in Saudi Arabia. The meetings follow conversations between President Trump, President Putin ...

Russian and US officials will hold talks on Ukraine in Saudi Arabia on Monday, President Vladimir Putin’s aide Yuri Ushakov said. Donald Trump spoke to both Russia’s Vladimir Putin and ...

Russia's defence ministry said air defences had shot down 132 Ukrainian drones. Ukraine struck a major Russian strategic bomber airfield on Thursday with drones, triggering a huge blast and fire ...

It is time to stop chasing the illusion that Russian President Vladimir Putin wants peace. He does not. It didn’t take long for Washington to receive clarity on Russia’s interests in following ...

NewMed Energy LP has completed the acquisition of a 50 percent stake in the Han Asparuh block on Bulgaria’s side of the Black Sea from OMV Petrom SA. “With the closing of the transaction ...

Russia and Ukraine accused each other on Wednesday of launching air attacks that sparked fires and damaged infrastructure just hours after their leaders agreed to a limited ceasefire to halt ...

Russia and Ukraine launched drone attacks on each other's territory, hours after Russian President Vladimir Putin agreed to stop targeting Ukraine's energy infrastructure. Ukrainian leader ...