Russia Otkritie Financial Corp Bank raises 185MUSD for gold projects
Proceeds will be used to provide financing to the Bank’s corporate clients in the Russian gold mining industry. Otkritie Financial Corporation Bank has raised a...
Eldorado Gold 2016 plans 155MUSD for Greece gold mine Olympias project
The Vancouver-based company has been at odds with the Greek government for some time and earlier this month suspended work at its Skouries gold mine,...
UK Zeta Petroleum seeks buyers for its Romania oil-gas concessions
UK Zeta Petroleum seek buyers for its Romania oil-gas exploration blocks due to the lack of money. British oil company Zeta Petroleum wants to sell...
Exxon, Lukoil, OMV optimistic gas deposits in Romania Black sea
Exxon, Lukoil and OMV reported gas deposits in Romanian Black sea exploration blocks announced as important discovery for local economy and EU energy security. The...
Poland to merge oil refiners and gas distributor
Poland state controlled oil refiners and sole gas distributor may be merged to avoid external takeovers. The Polish government is considering merging the country’s largest...
EU to fund Romania Transgaz gas interconnections with Bulgaria and Hungary
EU will fund the Romanian Transgaz 179MEUR interconnection projects with Bulgaria, Hungary, Austria. The European Commission said it will grant Romanian gas transmission company Transgaz...
Russia seeks foreign investors for scandium production
Kurgan uranium fields, whose resource base is estimated at 18.800 tonnes of uranium, will not be the only Russian region, where the production of scandium...
Gazprom & Anglo African Capital in African projects
Gazprom agreed with Anglo African Capital joint projects development in Africa. Investment and mining company Anglo African Capital (AAC) has signed a memorandum of understanding...
NGOs pressure European Investment Bank to halt financing Southern Gas Corridor
A group of 27 NGOs sent an open letter to the President of the European Investment Bank (EIB) today urging the Bank not to finance...
Transatlantic, Bankers Petroleum and Transoil drop production in Albania
Oil companies operating in Albania, Transatlantic-Bankers Petroleum and Transoil, all record drop in production. The industry of oil exploitation in Albania as well as in...
