September 2, 2010
There are high expectations that the Silistar deepwater block in the Black Sea -- Bulgaria's first ever -- could contain major oil and gas resources. However, Gazprom-controlled Bulgarian gas company Overgas and three little known companies were the only bidders for the deepwater block, an energy ministry source said September 2.
The Barrel: Another milestone...when do we stop counting?The last time US crude output topped the 5.6 million b/d mark was back in May 2004, when it was on what appeared to be a long inexorable slide.
The Barrel: For safety's sake, speed up investigations into M Star's mystery blastAssessing the alleged attack on Japan's supertanker M Star in the Strait of Hormuz, a vital shipping channel for the global energy supplies.