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Shell Halts Alaska Offshore Exploration After Failing to Find Enough Oil

Shell Halts Alaska Offshore Exploration After Failing to Find Enough Oil

Δευ, 28 Σεπτεμβρίου 2015 - 13:13

Royal Dutch Shell Plcwill halt exploration in the U.S. Arctic after $7 billion of spending ended with a well off Alaska that failed to find any meaningful quantities of oil or natural gas. “This is a clearly disappointing exploration outcome,” Marvin Odum, director of Shell’s Upstream Americas unit, said in a statement Monday. The company said it will cease further offshore activity in Alaska for the foreseeable future

Romanian Energy Companies, Looking for Purchases in Moldova

Romanian Energy Companies, Looking for Purchases in Moldova

Πεμ, 24 Σεπτεμβρίου 2015 - 10:50

Romanian energy transporter Transelectrica and gas transporter Transgaz want to buy stakes in energy companies in the Republic of Moldova that will be privatized.The two companies’ representatives handed their intention letters to Moldovan officials during a joint meeting of the Romanian and Moldovan governments that took place yesterday at Neptun

Volkswagen Boss Quits Over Diesel Emissions Scandal

Volkswagen Boss Quits Over Diesel Emissions Scandal

Πεμ, 24 Σεπτεμβρίου 2015 - 10:49

Volkswagen Chief Executive Martin Winterkorn resigned on Wednesday, succumbing to pressure for change at the German carmaker, which is reeling from the admission that it deceived U.S. regulators about how much its diesel cars pollute

Total to Slash Spending by $3B As Oil Price Bites

Total to Slash Spending by $3B As Oil Price Bites

Πεμ, 24 Σεπτεμβρίου 2015 - 10:48

French energy group Total announced Wednesday that is was slashing capital spending, delaying the start date of several projects and upping its cost-cutting targets in a response to dramatically lower global oil prices

Conference Addresses the Huge Potential of Hydrocarbon Resources and Technical Challenges in the Black Sea and Mediterranean

Conference Addresses the Huge Potential of Hydrocarbon Resources and Technical Challenges in the Black Sea and Mediterranean

Πεμ, 24 Σεπτεμβρίου 2015 - 10:47

The inaugural Global Oil&Gas Black Sea and Mediterranean conference and exhibition, took place in Athens, Greece. Officially supported by the Greek Ministry of Reconstruction of Production, Environment and Energy the event attracted more than 30speakersand550 attendees. Among them, 11 countries represented through either NOCs or by Ministries

Bulgaria Extends Petroceltic’s Oil/Gas Exploration Permit for Galata Block

Bulgaria Extends Petroceltic’s Oil/Gas Exploration Permit for Galata Block

Παρ, 18 Σεπτεμβρίου 2015 - 18:21

Bulgaria has extended a gas and oil exploration permit for Galata offshore block granted to Petroceltic until early September 2016, the government said on Wednesday. The 411-day extension will enable Petroceltic to carry out exploration and drilling activities in the Galata Block according to itsapproved work schedule, the cabinet said in a statement following a weekly meeting

Bulgaria Will Score Substantial Gain from EU Energy Union - Sefcovic

Bulgaria Will Score Substantial Gain from EU Energy Union - Sefcovic

Τρι, 15 Σεπτεμβρίου 2015 - 18:47

Bulgaria is among those poised to score the biggest gain from the European Energy Union in terms of energy security, improved connectedness with neighbor countries, and energy diversification, according to Maros Sefcovic, Vice President of the European Commission, in charge of Energy Union

Turkish Stream First Line Launch Postponed- Gazprom

Turkish Stream First Line Launch Postponed- Gazprom

Τρι, 15 Σεπτεμβρίου 2015 - 18:46

The launch date of the first line of the Turkish Stream project has been postponed due to the political crisis in Turkey, Gazprom Deputy CEO Alexander Medvedev said on Sept. 14, as quoted by Russia’s TASS News Agency

Russia Moves to Syria?

Russia Moves to Syria?

Τρι, 15 Σεπτεμβρίου 2015 - 18:44

Russia has sent some of its most modern battle tanks, moving forward with its plans on establishing a new air base in Syria, the Pentagon said on Monday

23 - 24 September, 2015: Athens to Host «Global Oil & Gas Black Sea and Mediterranean Exhibition and Conference»

23 - 24 September, 2015: Athens to Host «Global Oil & Gas Black Sea and Mediterranean Exhibition and Conference»

Πεμ, 10 Σεπτεμβρίου 2015 - 10:41

For the first time, Athens will be hosting this month the most important Oil & Gas international exhibition and conference in the Black Sea and Mediterranean region. Executives of NOC’s and senior government officials from 11 countries, 31 eminent internationalspeakers and 25 distinguished exhibitors are participating in the 3rd Global Oil & Gas Black Sea and Mediterranean Exhibition and Conference to be held in Athens, Greece, on 23 - 24 September, 2015

Bulgarias NPP Kozloduy Shuts 1,000 MW Unit for Scheduled Overhaul

Bulgaria's NPP Kozloduy Shuts 1,000 MW Unit for Scheduled Overhaul

Τρι, 8 Σεπτεμβρίου 2015 - 17:49

Bulgaria's sole nuclear power plant (NPP) Kozloduy said it shut down its 1,000 MW Unit 6 on Saturday for planned annual overhaul.The unit's overhaul is expected to be completed by the end of October, the plant said in a press release over the weekend