production!

The prolonged drought in 2017 has resulted in lowered power production by 36.6% compared to the previous year, affecting significantly the increase in imports and the decline in exports. According to the Energy Balance, published by the…

There is an increasing interest for the power supply market in Albania, where Energy Regulatory Authority authorizes on a monthly basis new actors for different activities in the field. Only in March three new licenses have been granted…

The average daily gas production at Azerbaijan's giant Shah Deniz gas condensate field in the Caspian Sea is over 27 million cubic meters. "The volume of gas production in the field is high. It is now at the level of 27.3-27.4 million…

Albania's Prime Minister Rama, accompanied by Minister of Energy and Industry Damian Gjiknuri visited the Molisht hydrocarbon-Shpiragu, where companies Royall Dutch Shell and Petromanas Albania are performing search operations for…

Bankers Petroleum announced on 04 July the Company’s second quarter operational update. Average production from the Patos-Marinza oilfield in Albania for the second quarter of 2013 was 17,800 barrels of oil per day (bopd), 5% higher than…

During 2012, KEK has reached a historical record of electricity production as compared to the period from the issuance of power plants in operation. Although over 50 years have passed since first unit of " power plant Kosova A" began…

Trans Oil Group CEO announced on 08 March the following update on Visoka Oil Field:As of today, we have reactivated 60 wells using old pumps and 15 wells with new PCP pumps which were successfully put into operation.Currently there are a…

CEO i Trans Oil Group njoftoi ne 08 Mars zhvillimet e meposhtme per zonen naftembajtese te Visokes:"Nga sot, ne kemi ri-aktivizuar 60 puse duke perdorur pompa te vjetra dhe 15 puse me pompa te reja PCP te cilat jane vene me sukses ne pune.…

The Organization of Petroleum Exporting Countries (OPEC) announced this week that it will keep its oil output limit at 30 million barrels per day, with production running about 1 million barrels a day above the level of supply that OPEC…

Stream Oil & Gas Ltd provided on April 30, 2012 an update on its Delvina project, composed of the Delvina field and Delvina Block.The Delvina field is estimated to hold approximately 184 BCF of gas initially-in-place (”GIIP”) according…