Latest news
BP kicks off gas production from Angelin development
Oil and gas giant BP has produced first gas from its Angelin development offshore Trinidad and Tobago.
read more... 27/02/2019
Israel, Cyprus, Greece and Italy are expected to sign an intergovernmental agreement for the EU-backed EastMed pipeline project in March.
Israel, Cyprus, Greece and Italy are expected to sign an intergovernmental agreement for the EU-backed EastMed pipeline project in March to transport natural gas from Israel’s Leviathan field and Cypriot fields via Crete to Italy, and then onward to the rest of Europe.
read more... 26/02/2019
Romania’s gas transport company Transgaz to invest EUR 1.9 bln by 2027
Romania’s natural gas transport system operator Transgaz has planned total investments of EUR 1.9 billion for the expansion of its pipe network, according to its development plan for the period 2018-2027, which will be submitted for approval to the shareholders on March 11.
read more... 25/02/2019
Verus Petroleum to be sold by Hitec Vision
The company is financially backed by upstream oil and gas private equity firm HitecVision, and is projected to sell for up to $500 million. Investment bank Jefferies will act as a mediator, according to Reuters.
read more... 25/02/2019
Turkey set to begin oil and gas drilling off Cyprus
Turkey will begin drilling for oil and gas near Cyprus in coming days, state-owned news agency Anadolu reported Foreign Minister Mevlut Cavusoglu saying on Thursday, a move that could stoke tensions with neighbouring Cyprus and Greece.
read more... 22/02/2019