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Lukoil has concluded Zhenis block's exploration and development in Kazakhstan

PJSC Lukoil, the Ministry of Energy of the Republic of Kazakhstan and JSC NC KazMunayGas have concluded a contract for the exploration and development of hydrocarbons on the Zhenis block in the Kazakh Sector of the Caspian Sea. Zhenis Operating LLP (50/50 joint venture between Lukoil and KazMunayGas) will be operator of the project.

read more... 04/04/2019

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REE to invest EUR 3.2bn to aid energy transition in Spain

Spanish grid operator Red Electrica de Espana (REE) will invest a total of EUR 3.221 billion (USD 3.6bn) in the development of the high voltage transport network and the operation of the electric system to enable the energy transition across the entire territory of Spain.

read more... 25/03/2019

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Construction Starts on Gazprom's Kharasaveyskoye Gas Field

Russian President Vladimir Putin has overseen the official start of the full-scale development of Gazprom's Kharasaveyskoye gas field on the Yamal Peninsula.

read more... 22/03/2019

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Bosnia secures EBRD finance

The air quality in the Bosnian city of Zenica will improve “significantly” thanks to plans to replace a coal-fired power plant with a cleaner natural gas-fired combined heat and power plant, according to the European Bank for Reconstruction and Development (EBRD).

read more... 22/03/2019

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Georgia to increase Azerbaijani gas import

The 2 most important strategic segments of the gas market of Georgia - the population and the production of electricity - will be provided by Azerbaijani gas, Georgia's Deputy Minister of Economy and Sustainable Development Natia Turnava said.

read more... 14/03/2019

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