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: 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.
The Barrel: "Return to normalcy" likely difficult even if deep drill ban ends earlyThe US' deepwater drilling moratorium in the Gulf of Mexico could be lifted weeks before its slated November 30 expiration date.