The new environment minister, following last week’s reshuffle, on Thursday opened the way for a resumption of work aimed to commence gold mining at the...
Bankers Petroleum Ltd. completed its plan of arrangement with affiliates of Geo-Jade Petroleum Corporation. As a result of the transaction, Geo-Jade acquired all the issued...
The Russian Finance Ministry announced today that the export duty for the country’s most popular Urals blend of crude oil will be lowered to US$90.40...
Israel’s Minister of National Infrastructures, Energy and Water Resources Yuval Steinitz announced the first bid round that includes 24 areas for searching oil and natural...
Slovak company Eustream and Bulgarian company Bulgartransgaz recently signed an agreement of intent which concerns the implementation of the project of the Balkan gas trading...
Azerbaijan’s energy giant SOCAR, which is constantly seeking potential markets for investments, sees Romanian market as one of the most promising. SOCAR Vice President Suleyman...
Hungarian oil and gas company MOL Group has revealed plans to invest $1.9bn until 2021 to develop its petrochemicals business. For the next five years,...
Romania’s Finance Ministry has completed the draft law on oil royalties, and the bill keeps the current taxation level in the field, said finance minister...
Total made deepwater oil discovery in Bulgarian Khan Asparuh Block in Black Sea. The company released the first preliminary and non-assessed results for the drilling...