A venture between Royal Dutch Shell and Canada’s Petromanas has applied to drill two onshore blocks in central Albania close to another promising well they are drilling further south, an official said on Thursday. The official said three bids had been submitted for the blocks – from Shell Upstream Albania B.V with Petromanas Albania GmbH, Israel’s Delek […]
Global Summits organiser, IRN is delighted to announce that the 4th Balkans Oil & Gas Summit will be held in Dubrovnik, Croatia. This year’s event, originally to be held in Athens, Greece, will now be hosted in Dubrovnik, Croatia with the full support of the Croatian Ministry of Economy and the Croatian Hydrocarbon Agency to […]
Norway’s Statoil is to sell its 20-percent stake in the Trans Adriatic Gas Pipeline (TAP) project that will carry gas from Azerbaijan to Europe, the president of Azeri state energy firm SOCAR said. “Statoil has decided to leave the TAP project completely, and there is a company which is ready to buy its stake,” Rovnag […]
A 20-percent interest in the Trans Adriatic Pipeline (TAP) project would cost around 400 million euros, Natural Gas Europe reported with the reference to Italian Snam’s CEO Carlo Malacarne. The price has also to do with the current market conditions. Malacarne also confirmed that there are TAP’s stakeholders willing to sell their shares to the […]
Bankers Petroleum Ltd. (TSX: BNK, AIM: BNK) is pleased to announce the Company’s second quarter operational update. Production Average production from the Patos-Marinza and Kuçova oilfields in Albania for the second quarter of 2015 was 20,045 barrels of oil per day (bopd), an increase of 1.4% compared to the first quarter 2015 average of 19,767 […]
This two volume compilation is a collection of papers on Asia’s Energy Trends and Developments that were presented at the Institute of Southeast Asian Studies in Singapore as part of its Energy Series Programme, which ran from June 2004 to September 2011, including 135 seminars and conferences. What is unique about this package of books […]
A well connected EU energy market where energy flows freely across borders and no Member State remains isolated from the EU energy networks is a precondition for creating a resilient Energy Union with a forward looking climate policy, according to the European Commission. This will ensure secure, affordable and sustainable energy for all EU citizens […]
* Albania GDP grows 2.82 pct in first quarter of 2015 * Financial sector and manufacturing boost growth (Reuters) – Albania’s economy grew 2.82 percent in the first quarter of 2015 from the same period a year before, shrugging off the impact of February floods as activity in the financial and insurance sector surged. The […]
European officials on Friday will take a step toward creating a web of natural gas pipelines across the region’s southeast as a way to reduce the threat of Russia choking off supplies. Some 17 nations, more than half of them from the former Soviet bloc, will endorse an action plan to improve energy infrastructure and […]
UK-headquartered consultancy Mott MacDonald has announced two major international environmental contract wins. Firstly, it has been appointed to investigate the impacts of climate change on Singapore’s energy and telecommunication infrastructure. The appointment by the country’s National Environment Agency falls within the second phase of the Singapore Government’s Second National Climate Change Study, which in the […]