Hit by cheap oil, Canada’s economy falls into recession
The Canadian economy shrank again in the second quarter, putting the country in recession for the first time since the…
OPEC magazine op-ed that fueled oil rally baffles insiders
An OPEC publication written by the exporter group’s public relations team helped oil prices jump and prompted speculation over a…
Bulgaria offers Azerbaijan ”a massive package” of energy projects
The Bulgarian government has proposed a package of energy cooperation projects to Azerbaijan. It remains unclear if the massive deal…
ROPEPCA denounces the discriminating treatment towards the energy industry
The Romanian Petroleum Exploration and Production Companies Association (ROPEPCA) accuses government of granting favorable treatment to agricultural industry, the only…
SOCAR still wants to aquire Greek gas grid operator DESFA
Azerbaijan’s state-owned oil company SOCAR has confirmed its interest in acquiring a stake in Greek gas grid operator DESFA, with…
Schlumberger acquires Cameron for nearly 13 billion dollars
Schlumberger, the world’s largest oil services group, announces it has acquired energy equipment manufacturer Cameron International for 12.8 billion dollars,…
Lower tariffs on volumes of natural gas transported, while strong increases for reserving pipeline capacity
ANRE set new regulated tariffs for natural gas transmission through National Transmission System, for the period October 2015 – September…
Midia Resources continues operations in the Black Sea under a different name
Former Midia Resources, a company that was owned by Sterling, changed its name to Black Sea Oil & Gas (BSOG)…
