The near collapse of Greece’s economy has raised pressing questions for energy power Azerbaijan, which had viewed the country as a potential turbo boost for its energy ambitions in the European Union. Now, as Athens cleans house financially and talks...
TIRANA, July 23 – The Albanian ministry of energy and industry and the Italian government represented by the Italian ambassador to Tirana Massimo Gaiani signed on Thursday a 16.5 million euro (about 18.2 million U.S. dollars) agreement on behal...
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 bee...
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 f...
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 pr...
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....