Latest news
Greece approves demand of Italian company to seek out oil, gas
Greece authorized on Wednesday a demand of an Italian energy company to seek out oil and natural gas in three onshore regions in the west of the country, Arta, Aetoloakarnania and the northwestern Peloponnes.
read more... 26/05/2014
Czechs opposes unique EU entity for gas, oil acquisitions
Polish suggestion to form a unique entity to purchase gas for the European Union has been rejected by the Czech Republic, but it might nevertheless sustain private groups willingly joining up for acquirements, as mentioned in a paper approved by the government on Wednesday.
read more... 22/05/2014
Hungary’s MOL monitors more retail purchases after Eni transaction
Hungarian oil and gas conglomerate MOL intends to make more acquisitions in order to increase its retail market share in central Europe, where an economic recovery is ongoing and motor fuel sales are expanding, as stated by MOL's downstream manager.
read more... 21/05/2014
Eni: Norwegian Arctic project postponed again, costs increase
Italian energy firm Eni postponed again the launch of its Goliat field in the Norwegian Arctic declaring the costs would be more elevated than expected.
read more... 19/05/2014
France: Total vends a stake of 30% in Moroccan subsidiary
France's Total has vended a 30 percent stake in Moroccan division Total Maroc to the Saudi Zahid Group for an unrevealed amount and Total Maroc intends to sell another 15 percent stake on Casablanca's bourse, as stated by the company. This could lead to a revitalization of Casablanca's stock market, which has been affected by the crisis in the euro zone and the lack of foreign investors.
read more... 12/05/2014