Natural gas demand sees dynamic growth as the worldwide gas market continues to expand, despite the economic uncertainty in 2012. Greece has increasing power needs owing to its tourism industry that is spread out over many islands. Hence, domestic but also industrial users need to be supplied by liquefied natural gas imports and in many cases new power generation projects...

It is well known that the rise of global energy demand could not otherwise be met without the aid of offshore drilling innovations that are unlocking oil and natural gas resources that previously were thought as inaccessible. Today Semi-submersibles i.e. oil platform rigs and Drill-ships are the two major types of these innovations with respect to deepwater oil drilling. Offshore...

It is well known that the growing energy use is rapidly depleting the world’s oil reserves and as a result the oil production in many of the most prosperous oil fields is on the decline. With the demand for energy increasing and the supply of oil decreasing, other energy options need to be considered. One alternative source of energy is...

In the last couple of years experts are talking more intensively about oil shale. With crude oil price higher than $60 and expectation that it will not get cheaper in the future, investment in oil shale exploration and production of shale oil is becoming more interesting. Serbian oil shale story got a new spin when President Tadic announced in December...

Early in December 2011, Greece received a clear message from the country’s main creditors, the IMF and the European Union that it is imperative the plans for hydrocarbon exploration and production to be accelerated in the following months. The Ministry of Environment, Energy and Climate Change announced an international tender for non-exclusive seismic surveys and afterwards issued another announcement inviting...