Tag: hydrocarbon

ELPE, ExxonMobil and Total consortium won concession for hydrocarbon exploration off the coast of Crete – Greece, 3 July 2018

Greek Ministry of Energy announced that a consortium consisting of Hellenic Petroleum (ELPE), ExxonMobil and Total has been selected to perform hydrocarbon exploration activities off western and northwestern coast of Crete. The concession was awarded for two offshore blocks, covering 19,868 square kilometers and 20,058 square kilometers, respectively. The agreement between the Ministry and the […]

New onshore oil and gas exploration concessions to be offered – Croatia, 29 May 2018

Last week, Croatian Parliament passed the new Law on hydrocarbon exploration and exploitation in order to launch a new investment stage in this sector, as the state is increasingly dependent on oil and gas imports since domestic production steadily declines. It is expected that later this year, the Croatian Hydrocarbon Agency (HAZU) will announce another […]

HEP plans investments in RES, hydropower and gas-fired cogeneration – Croatia, 20 April 2018

Speaking at the energy conference in Zagreb, Croatian Minister of Environmental Protection and Energy Tomislav Coric said that the country needs more investments in the energy sector, pointing out the unused hydrocarbon potential and measures for reducing energy consumption. According to Minister Coric, one of the priorities is still the construction of LNG terminal on […]