Hungary MOL oil producer 2015 results balanced
Hungarian fuels group Mol is to publish its earnings report for the fourth quarter of 2015 on 24 February and investors are awaiting it more...
Finland copper Terrafame ready for different price scenarios
The state-owned company Terrafame, which now owns and operates Talvivaara’s mining operations in Sotkamo, eastern Finland, says it’s sticking to optimistic price forecasts for its...
OMV Petrom to reduce its oil output in Romania
OMV Petrom will further reduce its oil output in Romania by some 4%, after a 2% decline in 2015. Romanian oil&gas company OMV Petrom announced ...
Turkey Cerattepe gold mines, environment, community opposition & PR
As public reaction has increased about the mine in Cerattepe, this is what Prime Minister Ahmet Davutoğlu, who argues it is his task to protect...
Azerbaijan-Kazakhstan do cut and Russia, Turkmenistan, Iran to increase oil production
In the Caspian region, in 2016, only Azerbaijan and Kazakhstan are expected to cut their oil production volumes. Russia, Iran and Turkmenistan, on the contrary,...
Pennine Petroleum Albania Velca block oil-gas exploration deal
Canadian Pennine Petroleum Corporation announced that it has signed the main terms and conditions of a production sharing agreement for the Velca Block, in southern...
Turkey Artvin mountains gold exploitation and environment opposition
Police in northwestern Turkey’s Black Sea province of Artvin used tear gas against about 1,000 activists who protested against Cengiz Holding Mining Company’s decision to...
Centerra Kumtor gold mine ongoing opposition and issues with locals
The mine, owned by Toronto-based Centerra Gold, claims to provide 2,800 jobs and produces almost 8 percent of Kyrgyzstan’s gross domestic product. In a good year, Kumtor produces up...
Uranium mining triggers cross border environment dispute between Poland-Czech Republic
The Polish power group PGE, which operates the Turow mine is also piloting plans for new nuclear plants after 2020 with local uranium reserves possibly...
Socar-BP-Exxon-Encana-TPAO drops Caspian JV project
Socar and its partners BP, Statoil, ExxonMobil, Canada’s Encana and Turkey’s TPAO abandoned the contract for Araz-Alov-Sharg project, in a deep-water section of Caspian. Almost...
