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Croatia Says Four Companies to Invest 78 Mln Euro in Oil-Gas Exploration

Τετ, 4 Σεπτεμβρίου 2019 - 17:55

The four companies, which have just received six oil and gas exploration and exploitation licences for locations in northern Croatia, are expected to invest some 78 million euro ($85.3 million) in exploratory activities, energy minister Tomislav Coric said

Gas Vehicles Are Cheaper, Cleaner, Better: Gazprom

Τετ, 4 Σεπτεμβρίου 2019 - 17:51

The use of natural gas in vehicles reigns supreme over conventional fuel sources in terms of cost, according to Denis Kornienko, deputy CEO of Gazprom Gas-Engine Fuel on Wednesday

Saudi Wealth Fund Governor Appointed Aramco Chair

Τρι, 3 Σεπτεμβρίου 2019 - 17:32

The governor of Saudi Arabia’s Public Investment Fund, Yasir Othman Al-Rumayyan, was appointed chairman of Saudi Aramco at a time when the world’s biggest oil company gears up for its public share listing on the stock market, the former chairman, Khalid Al-Falih, announced on his Twitter account late Monday

Turkey Hits LNG Import Record in 1H19, US LNG Soars

Τρι, 3 Σεπτεμβρίου 2019 - 17:31

Turkey's liquefied natural gas (LNG) imports reached a historic record high at 7.14 billion cubic meters (bcm) in the first half of 2019, according to Turkey's Energy Market Regulatory Authority's (EMRA) data

Slovenia's Petrol H1 Cons Net Profit Rises 4%

Δευ, 2 Σεπτεμβρίου 2019 - 20:19

Slovenian energy group Petrol [LJE:PETG] said on Friday its consolidated net profit rose 4% on the year to 40.7 million euro ($45.1 million) in the first half of 2019

Gazprom's Production Increases 1.7% Between Jan-Aug

Δευ, 2 Σεπτεμβρίου 2019 - 20:14

Russian Gazprom's natural gas production increased by 1.7% to 331 billion cubic meters in the first eight months of 2019, the company announced on Monday

Zohr Gas Field's Total Investments Reach $10.6 Billion

Παρ, 30 Αυγούστου 2019 - 12:59

More money has been pumped into Egypt's offshore giant Zohr gas field with investments totaling $10.6 billion after its production level reached 2.7 billion cubic feet per day, Egypt-based oil and gas information provider, Egypt Oil & Gas reported on Wednesday

Croatia: HOPS, Siemens Sign EUR 5 Million Contract Under Sincro.Grid Project

Παρ, 30 Αυγούστου 2019 - 12:55

Croatian transmission system operator (TSO) HOPS and technology company Siemens have signed a contract on deploying a variable shunt reactor at transformer station TS 400/220/110 kV Melina, as part of the implementation of the EU-backed smart grid project Sincro.Grid, according to a press release on HOPS’ website

Turkey's Energy Import Bill Falls 16.4% in July 2019

Πεμ, 29 Αυγούστου 2019 - 20:08

Turkey's energy import bill decreased by 16.4% to $3.42 billion in July compared to the same month of 2018, according to data released by the Turkish Statistical Institute on Thursday

Lukoil Awaits Congo Government’s Approval for Gas Project Stake Purchase, Says Company

Πεμ, 29 Αυγούστου 2019 - 20:06

Lukoil made an agreement with New Age M12 Holdings Limited on acquisition of a 25% stake in the Marine XII gas project in the Republic of the Congo in the second quarter of 2019, the company reported on Wednesday

Turkey's Elec. Prod. from Unlicensed Solar Up 23.8%

Τετ, 28 Αυγούστου 2019 - 11:14

Turkey's electricity production from unlicensed solar power plants increased by 23.8% in the first half of 2019 compared to the same period last year, according to Energy and Natural Resources Ministry late Tuesday

Oil Up With Big Stock Drop, Easing of US-China Tension

Τετ, 28 Αυγούστου 2019 - 11:09

Crude oil prices were up for Wednesday’s trading start as crude stocks in the U.S. fell by more than market expectations, and prices were also supported with the easing of Sino-American trade tensions that diminished worries of lower global economic growth and oil demand