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natural gas exploration

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Igoumenitsa logistics base selected for Greece’s offshore Block 2 exploration drilling

Port role in Block 2 drilling campaign The Greek port of Igoumenitsa has been selected as the logistics base for planned exploration drilling in offshore...

Bulgaria, Petroceltic’s offshore concession extended by 15 years

Bulgarian caretaker Government announced that it has extended the concession for natural gas offshore block Kavarna East in the Black Sea held by Petroceltic...

Greece, ExxonMobil could start drilling off Crete a year earlier

According to the Greek Hydrocarbon Management Company (EDEY), US giant ExxonMobil could begin drilling at its licenses offshore Crete a year earlier than planned...

Bulgaria, Court has overturned the previous court ruling banning natural gas exploration activities

Bulgarian Supreme Administrative Court announced that it has overturned the previous court ruling banning natural gas exploration activities in Dobrich region in northeastern Bulgaria. The...

Bulgaria, Ministry of Energy said that it has extended by two years the oil and natural gas exploration permit

Bulgarian Ministry of Energy said that it has extended by two years the oil and natural gas exploration permit for the 1-21 Khan Asparuh...

Latest news

Slovenia net generation down 13% in August as imports increase

Slovenia’s net electricity generation fell 13% year on year in August to 919 GWh. Production was also 7% lower than in July. The month’s...

Serbia launches $600 million gas network modernisation with World Bank support

Serbia has secured a $600 million World Bank framework for a gas-system overhaul. The programme is planned as a decade-long modernisation of Serbia’s gas...

Bulgargaz obtains 10-year wholesale gas licence for Serbia

Bulgargaz, the Bulgarian state-owned gas supplier, has secured a 10-year wholesale gas licence in Serbia. The permit authorises the company to conduct commercial gas...

North Macedonia generation drops 22% in July as renewables rise

North Macedonia’s gross electricity generation declined 22.3% year on year to 460,035 MWh in July, even as hydro and wind output increased. The month’s...

MVM begins foundations for 1 GW combined-cycle plant at Tiszaujvaros

Hungarian state-owned utility MVM has started foundation work on a new 1,000 MW combined-cycle gas-fired power plant at the former Tisza II site in...