Displaying 41 - 50 of 132 articles
Want to know how to use unconventional E&P technology and know-how in Europe? Just ask Chad Potter, Vice President of Financial and Investor Relations at TransAtlantic Petroleum, who told Natural Gas Europe about the secret to the company’s success, thus far in Turkey. He offered: “Ultimately...
Bulgaria is under renewed pressure from Russia to sign the final investment agreement on the South Stream gas pipeline by November 15, 2012. Otherwise, Gazprom threatens to forsake the promised 11 percent discount for natural gas supplies, which was supposed to be given for the period April-December...
ExxonMobil, Total and Melrose Resources are the three companies in the running to produce gas from a deep-water asset in Bulgaria's Black Sea, Bulgarian Energy Minister Delyan Dobrev has said. The minister made the statement today at the "Exploration and Production of Oil and Gas–the New Technology...
Bulgaria's parliament has amended legislation that was viewed as hampering exploration for conventional natural gas. In January, Bulgaria had put in place restrictions aimed at banning the process of hydraulic fracturing used in the extraction of unconventional gases such as shale gas. However, industry...
Former Bulgarian ambassador to Russia, Ilian Vassilev, has said that Bulgaria may be making a mistake by agreeing to link its gas prices to the South Stream project. Mr. Vasilev told Bulgarian radio Radio FOCUS that the government risked making the same mistakes it previously had in gas matters...
Bulgaria will receive an 11.1% discount on the price of natural gas discounts from Russia, only after it signs the final investment decision on the South Stream gas pipeline project. However the price reduction, estimated to be worth estimated at around USD 115 – 120 million, will be retroactive...
In late May, officials from Romania and Bulgaria received visits from United States Ambassador Richard Morningstar, Special Envoy of the Secretary of State for Energy in Eurasia. Both the meeting with Romanian President Traian Basescu as well as with officials in Sofia, saw shale gas as the main topic...
Gazprom may have to undertake financing the construction of the Bulgarian section of the South Stream gas pipeline. Russian media reports indicate that Bulgaria is not in the financial position to commit to development of the pipeline across its territory. Gazprom would undertake the cost of construction...
Bulgaria's Minister of Energy, Economy and Tourism, Delyan Dobrev, has assured that the 11% discount on prices of Russian natural gas entered into force in April, despite the fact that the agreement has not been signed yet. In a Monday interview cited by Darik radio, Dobrev stated that the papers...
Nabucco's representative for Bulgaria Dimitar Abadzhiev has said that the pipeline still remains the most viable project in the Shah Deniz pipeline race, despite recent setbacks to the project. Speaking on Bulgarian radio, Mr. Abadzhiev said he believed the pipeline was still the most suitable...
