News tagged "oil and gas"
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Bulgaria's Top Court to Rule on US Co Shale Gas Permit in May
Bulgaria's top court will deliver its decision on the appeal against the award of Vranino 1-11 block to US company Park Place in May, it emerged on Monday. The Bulgarian government has formally approved a 5-year concession for oil and gas prospecting in a 400 sq.km....
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Bulgaria Sees No Threat in Territorial Dispute with Romania
Bulgaria expects no problems in resolving its maritime delimitation dispute with Romania, according to the country's Foreign Ministry. Earlier on Wednesday, Romanian Foreign Minister Cristian Diaconescu drew attention to an alleged "disputed territory" on the Black Sea border between Bulgaria and Romania in an area that was recently found to be rich in oil and gas. "The border dispute is about ...
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Clinton urges Bulgaria to be energy independent
U.S. Secretary of State Hillary Rodham Clinton is in Bulgaria, urging the country to break its energy dependence on Russia by diversifying its oil and gas supplies.
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Bulgaria bans shale gas 'fracking'
The Bulgarian parliament has imposed a permanent ban on the exploration of shale oil and gas in the country using the extraction technique known as "fracking" following widespread public protests.The ...
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Bulgaria bans San Ramon-based Chevron from using 'fracking'
Bowing to public pressure, Bulgaria's government said U.S. oil company Chevron cannot explore for shale gas in the country using the extraction technique known as "fracking." Energy Minister Traicho Traikov said that under Tuesday's decision "Chevron can still have the right to test for oil and gas, but without using the controversial technology of hydraulic fracturing." He said San Ramon-based ...
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Bulgaria Justifies Melrose Hopes for Output Gains
Days after Edinburgh-based oil and gas explorer Melrose Resources abandoned a well on the Galata block in the western Black Sea, offshore Bulgaria, good financial results justified its decision to press ahead with its plans in the Balkan country. Melrose Resources announced its production rose 23% in the first half to 20,200 barrels a day on increased output in Egypt and Bulgaria. Profit after ...
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Bulgaria boosts gas producer
OIL and gas explorer Melrose Resources has forecast a 24 per cent higher average daily production rate, helped by its Bulgarian developments. (17/12/2010 22:44:27)
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Bulgaria Needs Different Sources for Gas Price Drop
The price of natural gas might drop by 16% but only if Bulgaria managed to diversify its sources, according to the Balkan and Black Sea Oil and Gas Association.
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Bulgaria, Russia agree on gas pipeline
Bulgaria and Russia have agreed on the details of a planned undersea gas pipeline project aimed at transporting Russian natural gas under the Black Sea to Bulgaria and other European countries. Russia - Natural gas - Black Sea - Energy - Oil and Gas
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