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Alternative Investments

Russia to seize energy assets from ‘unfriendly’ European countries

December 21, 2023 Mariel Alumit

Russian President Vladimir Putin has signed decrees granting his government power to confiscate and forcibly sell off billions of dollars worth of assets belonging to European energy firms to new state-approved owners. In a decree published Wednesday, […]

OMV
Big Oil Companies

OMV Makes Biggest Gas Discovery in 40 Years

August 3, 2023 Mariel Alumit

Austria’s majority state-owned OMV oil, gas, and chemicals company has struck what it calls the country’s largest natural gas discovery in 40 years, announcing the find together with news of its having also signed a […]

Petrom
Crude Oil News

OMV Petrom makes multiple oil, gas discoveries in Romania

June 14, 2023 Mariel Alumit

(WO) – OMV Petrom, the largest integrated energy company in Southeast Europe, announces the discovery of new crude oil and natural gas resources in the Oltenia and Muntenia regions of southern Romania. Cumulatively, the discovered […]

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