Exxon-OMV completed Black sea Romania gas exploration project
US oil company ExxonMobil and Romanian oil & gas group OMV Petrom have completed the exploration work in the Neptun Deep perimeter located in Romania’s...
Shell expands with new Albania oil block assets
The oil industry in Albania is currently booming. A total of eight oil companies have acquired licenses for 18 blocks, both onshore and offshore. Besides...
Albania oil production from Patos Marinez oil block
Oil produced in the country is exported mainly to be refineries abroad. Domestic consumption of refined oil is met by imported oil. Crude oil exports...
EBRD stake in Euromax copper-gold Ilovica project increases investors interest
EBRD engagement, despite the fact its not a big one, does influences the attractiveness of the project for other investors and Euromax financial markets target...
Freeport-McMoRan's & Reservoir Minerals biggest copper discovery in Serbia
Reservoir has a broad portfolio of exploration projects in Eastern Europe, including another joint venture with Rio Tinto (NYSE:RIO), some prospective 100%-owned properties along the...
Reputation risks associated with UK-based extractive companies, LondonMiningNetwork
Richard Solly, the Co-ordinator of London Mining Network (LMN) was one of four civil society representatives called to give testimony today before a Department of...
Water disputes persist as Rio Tinto pushes ahead with second Oyu Tolgoi mine
A large new copper mine in Mongolia could cause irreversible damage to terrain and deprive water from some of the world’s last remaining nomadic herding...
From cyanide gold mine to protected historical site Roșia Montană Romania
For the past 15 years, Canadian mining firm Gabriel Resources has been trying to obtain a permit to extract 300 tonnes of gold from underneath...
Serinus Energy quits Ukraine to focus on Romania gas Moftinu property
Resano Trading, affiliate of Burisma Group Ukraine takes over the Serinus Energy gas assets in Ukraine. Serinus will focus on its Romania gas discovery property...
Eni-Novatek get oil gas research concessions in Montenegro
Oil and gas research concession contracts were approved to Italian Eni and Russia Novatek. Green network from Adriatic countries announces protests and campaigns against the...