Posts Tagged ‘bulgaria’

TransAtlantic to start gas production in Bulgaria

by on November 14, 2012 5:41 pm BST
Energy Minister Delyan Dobrev said he expected the company to start producing gas in the middle of next year at a rate that will supply about 10% of Bulgaria's gas demand, which averages a total of 3 billion cubic metres per year, Reuters reported.The European Union's poorest country is almost

Poland plans 40% tax on oil, gas company profits

by on October 16, 2012 5:46 pm BST
Central and eastern Europe's largest economy hopes tapping into previously inaccessible shale gas deposits will reduce its reliance on costly gas supplies from Russia, Reuters reported.In a policy speech last week, Prime Minister Donald Tusk said he expected Polish companies to invest 5 billion zlotys ($1.6 billion) in shale gas

Enlarged Petroceltic returns to market

by on October 11, 2012 8:31 am BST
Stock in the newly-combined outfit was trading near unchanged at £0.07 on London’s Alternative Investments Market on Thursday morning.Melrose Resources has been delisted from the same exchange after its scheme of reduction in capital was confirmed yesterday, clearing the final hurdle for the $270 million tie-up to

Poland wants new shale law enacted by 2013

by on October 3, 2012 8:20 pm BST
Poland, which aims to be Europe's shale gas pioneer, has postponed publication of its legal framework for the development of the potentially lucrative energy resource several times in the past few months.Discussions over a shale gas tax were causing the delays, Wozniak told state-owned press agency PAP in