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...
Category : Energy News
Hellenic Petroleum Greece wins new oil concessions
Greece has awarded concessions to Hellenic Petroleum and Energean Oil and Gas for on shore gas exploration and exploitation in three fields, the Energy Ministry...
EBRD US$ 75 million loan to Energean Oil and Gas S.A
EBRD plans to support up to US$ 75 million loan to Energean Oil and Gas S.A, of which USD$ 25 million are expected to be...
EU Greens accuse Gazprom on its pressure lobby tactics over Nord Stream
Central European Countries are worried that Nord Stream will allow Russia to scrap its biggest gas route via Ukraine, called the Ukrainian corridor, which carries roughly 140...
US BNK Petroleum to sell its Poland Slupsk oil gas concession
BNK Petroleum announced that it has filed the paperwork necessary to relinquish the Slupsk concession in the Baltic Basin of Poland and intends to shutdown...
Ukraine oil company Ukrnafta wants international capital for further investments
Ukrnafta oil company plans accessing international capital for further investment. Ukrnafta’s new management team delivered a long-term strategy to the company’s Supervisory Board for their...
Bankers Petroleum to resolve tax dispute with Albania
Bankers obtained a commitment from the Albanian natural resources agency to engage a third-party international auditor to resolve the tax dispute in September 2015, with...
Hungary oil company MOL plans to reduce investments abroad, focus on assets closer to home
MOL Group CEO, Mr. Zsolt Hernádi is on and off the Interpol wanted list. Hungary’s courts willingly cleared him of any wrongdoing, but the stubborn...
Bulgaria anti-trust regulator opens cartel investigation against petrol retailers, refinery
The retailers covered by the cartel investigation were: Shell Bulgaria (a subsidiary of Royal Dutch Shell), OMV Bulgaria (owned by Austria’s OMV), Rompetrol Bulgaria (part...
Montenegro oil-gas exploration public discussion after contracts with Novatek-Eni
It remains unclear how did Montenegro put the strategic study on the draft program on public debate, even though last week the Government already confirmed...