Rosneft sells stake to Indian oil companies for its Taas Yuryakh project
Oil India, Indian Oil Corporation and Bharat PetroResources signed a deal to acquire a 29.9 percent stake in Rosneft’s Taas-Yuryakh oil project. A group of...
Category : Energy News
Chinese Geo-Jade acquires Bankers Petroleum Albania oil exploitation rights
Chinese company Geo-Jade is described as one of the largest independent exploration and production companies listed on Shanghai Stock Exchange with a market capitalization larger...
Gazprom operations in Serbia and SEE region negatively impacted by EU sanctions against Russia
NIS Serbia owned by Gazprom, Sberbank and VTB Bank are under EU sanctions and suffering from it. Gazprom controlled Oil Industry of Serbia NIS may...
Shale gas potential in Turkey important for energy security
Shale gas potential could play a crucial part in terms of Turkey’s energy security. While continuing its rise among the world markets, shale gas is...
GBC Oil takes over TransAtlantic Albania oil assets
TransAtlantic Holdings announced the completion of its divestiture of its Albanian oil assets, a summary of year-end 2015 reserves and its entry into a new...
Petroceltic reduces CAPEX in its Bulgaria exploration oil blocks
Petroceltic initiated a reduction in capital investment programmes in Bulgaria, and adjustments to reserves. Worldview Capital Management may takeover Petroceltic. Petroceltic International PLC Monday it...
Romania oil-gas concessions operated by OMV, MOL, Chevron, Lukoil
There are 463 concession agreements in Romania. Most of the perimeters are operated by Austria’s OMV Petrom and stateowned gas producer Romgaz. The state tendered...
Gazprom & Bank of China deal, first bilateral loan facility agreement with a Chinese bank
Gazprom is not the only large state-run company that has recently closed a multi-billion dollar loan from a Chinese bank; Petrobras, (ticker: PBR) the world’s...
Poland Baltic Gas project
The Baltic Gas Project involves the development of the B4 and B6 gas fields located in Poland’s exclusive economic zone in the Southern Baltic Sea....
Poland oil shale exploration, reality check for energy firms
Poland’s shale formations have attracted the most attention within the region. The nation depends heavily on coal, and what natural gas it does use comes...