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: Oil and gas industry's safety and enviromental record leaves much room for improvementBP now holds the record for oil spills in two of the major producing regions of the US, Alaska's Prudhoe Bay and the Gulf of Mexico.
Power Lines: Halliburton fracks it, Polish-style
Services giant Halliburton fracked the first horizontal shale well in Poland recently, the Houston company announced August 12.