AEA News

21
Dec 2016
A little-known Chinese group has emerged as the mystery party behind a £485m takeover bid for San Leon Energy, a London-listed oil explorer.

Sky News understands that Geron Energy Investment lodged an 80p-a-share indicative offer for San Leon in recent weeks. Talks about the bid from Geron Energy are ongoing, prompting a statement on Monday from the board of San Leon which confirmed that it had “received an approach from a possible offeror, which may or may not lead to an offer being made for San Leon”.  The interest from the Chinese bidders came months after San Leon raised money through a share placing at 45p, slightly below the level at which the shares were......

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SOCAR JOINS NEW ADRIATIC PIPE PROJECT
August 29, 2016

SOCAR JOINS NEW ADRIATIC PIPE PROJECT

Four western Balkans nations signed a memorandum of understanding with Azerbaijan state Socar on co-operation on building the Ionian Adriatic pipeline (IAP) on the sidelines of a Dubrovnik forum 25-26 August. The declaration of intent...


Azerbaijan to enhance its role in forming energy corridors
August 29, 2016

Azerbaijan to enhance its role in forming energy corridors

The Southern Gas Corridor (SGC) project will enhance Azerbaijan’s role in forming eastern and western energy corridors. Deputy Energy Minister Natig Abbasov made the remarks at the first Eurasian Conference of the International Association for...


Erdogan, Putin and the touchy Turkish Stream
August 09, 2016

Erdogan, Putin and the touchy Turkish Stream

The presidents of Russia and Turkey are expected to repair relations and revive a gas pipeline project at a meeting in St. Petersburg on Tuesday. There is, however, one key issue on the table, DW’s...


GETTING GAS OUT OF IRAN - NEW TRADING PATTERNS
August 04, 2016

GETTING GAS OUT OF IRAN – NEW TRADING PATTERNS

Iran’s gas plans for Caucasus Iran says it is preparing to triple gas exports to Armenia, start exports to Georgia and store its gas in Azerbaijan’s underground facilities. For now, Iran barters about 1mn m3/d...


Turkey's energy role to continue after coup attempt
August 03, 2016

Turkey’s energy role to continue after coup attempt

Turkey’s role as a key strategic energy actor in its region is expected to continue without much negative impact from July 15 failed coup, experts told Anadolu Agency Wednesday. “Turkey’s regional energy role remains a...


New Power Line to Link Albania to Macedonia
July 26, 2016

New Power Line to Link Albania to Macedonia

A German bank loan of 50 million euros opens the way for the construction of 126km high voltage 400kV line from Elbasan in Albania to Bitola in Macedonia, designed to integrate the energy trade in...


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