At the moment, the final preparations are underway for the first exploration drilling in the Montenegrin part of the Adriatic Sea, which will ultimately give us the answer to the question whether or not there are commercial oil deposits in the area being explored. If all goes well, the first explora Full article available for […]
Turkish Ministry of Energy and Natural Resources announced that it is working on issuing new hydrocarbon exploration and exploitation licenses in the Eastern Mediterranean in addition to those granted to Turkish Petroleum in 2009 and 2012. According to sources, the registration process might take Full article available for subscribers of Energy NEWS service (PDF publications, […]
Since 2001, when the process of modernization of production capacities began, with the aim of maintaining the security of supply, increasing energy efficiency and meeting EU standards, power plants operated by the state-owned power utility EPS are in much better shape compared to 15 years ago. This Full article available for subscribers of Energy NEWS […]