Romania: American oil firm to exit Romania after significant losses

July 17, 2024

American oil firm to exit Romania after significant losses
Jul 17, 2024

American oil firm to exit Romania after significant losses.

Hunt Oil Company, an American oil firm, is exiting Romania after 14 years of operations despite significant investments and substantial financial losses, according to Profit.ro. Hunt Oil has invested over EUR 86 million in two Romanian oil concessions, Adjud and Urziceni Est, far exceeding (...)

[Read the article in Romania Business Insider]

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