Live Breaking News & Updates on How Accurate Are Peak Oil Demand Projections

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The Future For Oil Producer Romania Looks Bleak
Europes upstream segment has two main challenges environment-related long-term objectives that gradually narrow down oil companies maneuvering ability in terms of where/what they can drill and deficit-ridden governments trying to squeeze as much out of their domestic production as it can get. Whilst most of Western Europe, with its shale drilling bans and forced production phase-outs, gradually started to tilt towards the first variant, Romania is one of the rare examples for the latter option. It would seem that with its ....

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