Hungary’s MOL Group, the oil and gas company, allotted USD 38 million for local investments in the exploration and production field. The company started seeking conventional hydrocarbon resources in Western Romania, in the Ex-6 Curtici block. The exploration will be carried out by Panfora Oil & Gas, the upstream arm of MOL Group, which is active in Romania. “The concession agreement signed with the National Agency for Mineral Resources (ANRM) has… Read More...
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