Displaying 1 - 10 of 45 articles
A feasibility study currently underway on the Azerbaijan-Georgia-Romania Interconnector (AGRI) will be ready by September, Georgian Minister for Energy Alexander Khetaguri has said today. Speaking to reporters in Azerbaijan, the minister said the project put Georgia at the forefront of energy in...
Romania's new government has said it is planning an immediate moratorium on the exploration of shale gas. The government, headed by newly designated Prime Minister Victor Ponta, is expected to enact the moratorium on Monday with the backing of the cabinet. Reuters reports that a government document...
Aurelian Oil and Gas has said that it is still confident for the year ahead, despite a difficult 2011 which saw the company experience technical difficulties and lower than expected flow rates from the Siekierki field in Poland. The company says it has learned from the difficulties it faced last...
Sterling Resources Ltd. has undertaken a number of steps, including the divestment of an interest in the Cladhan area, as its focuses on an active exploration program in the remainder of 2012. Stering has entered into an agreement with TAQA Bratani Limited (“TAQA”) for the sale of a 13.
Speaking at the appointment ceremony of Attila Korodi as Environment Minister, Romanian president Traian Basescu said that authorities should make a decision on shale gas exploration in South Eastern Romania in order to create jobs and ease the pressure on the pension deficit. Asking Korodi and other...
Chevron Corp. will continue to undertake planned seismic studies during 2012, while it focuses on providing factual information to assure Romanian citizens and policymakers concerned about the perceived risks of natural gas exploitation from shale formations “We recognize the importance...
In a news release issued today, Chevron Corp. announced the suspension of activities for the exploration and extraction of shale gas in Romania. Acknowledging recent protests, representatives of the energy giant declared themselves aware of the strong concerns showed by citizens over the potential impact...
Romania's government has approved the granting of three licenses for shale gas exploration to Chevron Corp. The approval provides for exploration, development and exploitation of shale gas in the coastal perimeters of Vama Veche, Adamclisi and Costinesti, in the Dobrogea region near the Black Sea. Ziarul...
On March 22 and 25, Romania’s Foreign Affairs Minister, Cristian Diaconescu, announced on television that a “legal dispute” (“litigium”) exists between Romania and Bulgaria over the delimitation of their maritime border, continental shelf, and exclusive economic zones in...
London-listed Aurelian Oil & Gas has said it will focus its Romanian operations on the Brodina well, with a second Romanian operation, the Cuejdiu well, not to be continued into Phase III. The announcement is made as part of an operational update today. The Brodina prospect is expected to have up...