Rosneft will have a 51 percent stake in Yermak Neftegaz, with BP controlling the remaining 49 percent.BP and Rosneft signed an agreement today to create...
This decision could affect the medium and long term of KMG International development plans and future investment strategy in Romania, also the ability of the...
Lukoil’s Romanian refinery, is small, with a capacity of below 3mn tonnes. The refinery’s overall importance to the Russian company is relatively low, particularly after...
Serbia boasts significant mineral resources including lignite, copper, lead, zinc and industrial minerals. Geographical location and diversity of Serbia’s mineral resources are without doubt conducive...
Joint Venture, the partner company of ArcelorMittal Prijedor, in its ownership structure has 49 percent of the capital of the Iron Ore Mines Ljubija and...
Bankers Petroleum said Wednesday that the proposed plan of arrangement with affiliates of Geo-Jade Petroleum has received ministerial approval under the Investment Canada Act. Pursuant...
Dallas-based Park Place Energy Inc. reported that the production from three oil and gas fields in Turkey are producing 434 barrels of oil equivalent per...
The proceeds of the placement will be used to fund project-generating exploration in Serbia, and for general working capital purposes. Medgold Resources Corp. is pleased...
While mining companies claim to use separate, deep-underground saline water called ‘fossil water’, in reality many do not. For this, deep drilling and large investment...
The processing plant owned by Kazzinc, which is in turn controlled by Swiss-based commodity trading and mining monolith Glencore, has for the time being...