Independent – 01.11.2010 It has been a busy week for small-cap oil exploration and production (E&P) companies with an interest in the North Sea. The Government’s 26th offshore licensing round – postponed from early 2009 on account of the financial crisis – finally concluded. And out of 2,818 possible blocks on offer, a thoroughly healthy 114 licences covering 268 blocks have been awarded, with another 90 still undergoing environmental assessment which may yet turn into licences. Last year, Cubus Lux won the tender for... Vazhdo

Foreign investors – Cubus Lux British and the Spanish Sol Melia – will be in an exclusive complex with 5-star hotel, investing around 250 million euros, and these facilities will be employed by about 1,000 workers. For the ecological state is also an important fact: none of the olive tree in Valdanos will be cut, and the space will have fire protection system installed with a hydrant, say sources Portal Analytics. Privatization Council last night gave the green light to begin the realization of one of the largest project on... Vazhdo