Latest news
Ukraine is looking for potential investors in the Black Sea shelf
Ukraine officials said they are seeking international energy companies that would offer the optimal deal for developing and investing in the Black Sea shelf, as the country lacks the advanced technology for the exploration of the reserves over there.
read more... 28/04/2011
Matra Petroleum to begin oil production in the Sokolovskoe Field, Russia
Matra Petroleum, an independent oil and gas exploration and production company which is actively operating in Russia since 2006 and is constantly examining the potential for oil and gas over there, announced that it has begun the production for both existing wells in the Sokolovskoe field, Russia.
read more... 06/04/2011
Royal Dutch Shell to raise investments in 2011-2014
Royal Dutch Shell will reveal its long-term investment plans on Tuesday on exploration and production amid gloomy oil market outlook due to lasting turmoil in the Arab countries.
read more... 15/03/2011
Lukoil Overseas and Vanco International to explore two offshore blocks in Romania
A consortium, formed by Lukoil Overseas and U.S. Vanco International signed concession agreements with the National Agency for Mineral Resources of Romania. The agreements provide the joint exploration and development of two blocks, Est Rapsodia and Trident, in the Romanian sector of the Black Sea.
read more... 28/02/2011
Rosneft and ExxonMobil to collaborate in the development of Black Sea basin
Russia’s Rosneft and ExxonMobil have found common ground regarding joint development of oil and gas resources in the Black Sea, which involves exploration and production in the Tuapse Trough, an 11,200-square-kilometers deepwater offshore area along the Black Sea coast of the Krasnodar region.
read more... 14/02/2011