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Ascent Tests Export Pipe to Croatia
AIM-listed Ascent Resources said August 4 that installation of the pipeline needed to export from its small Petisovci gas project in Slovenia to nearby Croatia, about 5 km away,…
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Ascent to Pipe Gas to Croatia 'Shortly'
AIM-listed Ascent Resources has missed its target, outlined in April, of piping gas from its Petisovci field inside Slovenia to just over the border in Croatia by the end of June.…
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Ascent on Track for First Gas in Slovenia
AIM-listed Ascent Resources is on track to deliver first gas from its well Pg-11A in Slovenia to Croatia's INA in the coming weeks, it said June 6. "The downhole portion of the…
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Ascent Starts Commercial Gas Production in Slovenia
UK-based explorer Ascent Resources said April 13 it had started commercial gas production from Pg-10 well at its Petisovci field in Slovenia. It has been involved there for…
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Ascent Happy with Slovenia Flow Test
London AIM-listed Ascent Resources said January 30 that a flow test on its PG-10 well in northeast Slovenia “exceeded management's expectations”. The maximum…
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Ascent Expects First Gas to Croatia in 1Q
London AIM-listed Ascent Resources says it is on schedule to deliver first gas from its Petisovci project in the northeast corner of Slovenia by March 2017, thereby satisfying a…
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Powernext Reaches into Central, Eastern Europe
Austria’s and Germany’s competition authorities have approved the creation of a company to run a gas trading platform for central and eastern Europe. This is an area…
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Ascent Shares Surge on Gas Deal
Shares in Ascent Resources surged August 1 to a high of 1.4 pence on news that it has signed the conditional agreements necessary to allow commercial gas production in Slovenia…
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Ukraine Unbundling 'Too Weak, Yet Too Hasty' - ECS
The Energy Community Secretariat (ECS) has requested “substantial changes” to the unbundling plan for state-owned Naftogaz that was recently submitted by Ukraine&r…
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Ukraine-Based Cadogan Abandons Takeover
Ukraine-based Cadogan Petroleum abandoned plans to take over Ascent Resources in the evening of March 31, just two days after confirming the company was its potential target. …
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EU Gas Use Grows 4% in 2015: Eurogas
Natural gas consumption in the 28-nation European Union grew by some 4% last year to 426.3bn m3, according to latest estimates from Eurogas, the trade association representing 43…
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Cadogan Confirms Possible Takeover of Ascent
Ukraine-based Cadogan Petroleum confirmed March 29 that it has made a “highly preliminary approach regarding a possible combination with Ascent.” AIM-listed Ascent&rsqu…
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The Southern Gas Corridor and the Adriatic Countries
The future implementation of the Trans-Adriatic Pipeline (TAP) has revitalized the geopolitical relevance of the Balkan region as a transit energy corridor. Although TAP will be…
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Hungary's Energy Security: LNG and Russia Key Sources
At the Gas Dialogues event in Budapest, Hungary, Development and Use of Natural Gas in the Danube Region: Prospects and Opportunities, Mr. Csaba Kiss, Advisor to the CEO, MVM…
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Slovenia Fears Croatia's Bidding Round Launch Would Jeopardize Maritime Dispute
Croatia launched its first offshore licensing round earlier in April of this year. Twenty nine blocks are on offer for international oil and gas majors interested in…
