TIRANA: Oil and gas exploration has dominated Albania’s foreign investments, the Bank of Albania said on Saturday. In early 2014, the extracting industry accounted for about 58 percent of Albania’s total foreign investments with an amount...
If Russia limits supplies of natural gas, Turkey is going to compensate for this by the gas delivered through the Trans-Anatolian (TANAP) pipeline, Minister of Energy and Natural Resources of Turkey Ali Rıza Alaboyun said Oct.5. “I don’t think that R...
The Trans Adriatic Pipeline (TAP) project, designed to transport gas from the giant Shah Deniz II field in Azerbaijan to Europe, is progressing well and is on schedule to transport gas in early 2020, Lisa Givert, TAP Head of Communications told Trend...
HAMILTON, Bermuda, Oct 01, 2015 (GLOBE NEWSWIRE via COMTEX) — TransAtlantic Petroleum Ltd. (nyse mkt:TAT) (TNP) (the “Company” or “TransAtlantic”) today provided an operational update on its current production and drilli...
The process of acquisition of a 66 percent stake in the Greek DESFA gas operator by SOCAR (State Oil Company of Azerbaijan) runs smoothly, Greek Productive Reconstruction, Energy and Environment Minister Panos Skourletis said, the Greek media reporte...
The former director of Albania’s electricity distribution network operator, Arben Seferi, is being referred to prosecutors on suspicion of costing the state 9.7 million euros through suspect energy purchases. The Supreme State Audit said in a stateme...