Block Energy Plc @BlockEnergyplc
We are an oil and gas exploration and production company applying innovative technology to unlock the potential of previously discovered fields in Georgia blockenergy.co.uk Georgia Joined January 2016-
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A leading international E&P with a strong track record in Eastern Europe is set to farm into #BLOE's XIQ licence (Project IV). A major milestone that could unlock the Martkopi Terrace prospect and strengthens Block’s growth trajectory. Read more here : upstreamonline.com/exploration/le…
📢 #BLOE Update Block Energy has concluded negotiations for the farmout of Licence XIQ (Project IV) to a leading international E&P partner. ✅ Transaction docs finalised ✅ Submitted for Georgian government approval ⚡ Execution conditional on approval londonstockexchange.com/news-article/B…
Fantastic to see @Rigzone has highlighted #BLOE'S initial CO2 injection This achievement is not only a proof of concept but also delivers “valuable insights into how carbon capture and mineralization can be applied on an industrial scale” rigzone.com/news/block_ene…
We’re proud to announce the successful CO₂ mineralisation injection pilot in Georgia ✅ First of its kind in Eastern Europe ✅ Permanent storage through mineralisation ✅ Key milestone towards scalable, low-cost CCS solutions #BLOE #CarbonCapture #C02 carboncapturejournal.com/news/block-ene…
“We are preparing to pioneer a new slim-hole drilling technique, aimed at delivering significant cost cuts and productivity gains…we continue to advance a number of new venture opportunities, both in Georgia and internationally.” — #BLOE CEO Paul Haywood londonstockexchange.com/news-article/B…
🛢️ Oil bounces on geopolitics Brent & WTI rebound after Trump threatens tariffs on India over continued Russian oil imports. Trade war vibes counter oversupply fears – crude back on the move. 🔗 oilprice.com/Energy/Energy-… #BLOE #Oil #Brent #WTI #EnergyMarkets
🔬 Tracer dye analysis underway ahead of pilot CO₂ injection — and early results are looking very positive ✅ Key step in proving the system ahead of full deployment. #BLOE 📸 #CarbonCapture #NetZero #CleanEnergy #CO2Injection
Global oil consumption reached an all-time high in 2024, driven primarily by non-OECD countries, with the U.S. remaining the largest consumer. #BLOE #Oil #Oilandgas #Oil oilprice.com/Energy/Crude-O…
Georgia’s economy is on track to exceed GEL 100 billion for the first time, with the IMF projecting the country will lead regional and European growth through 2030. The government is also targeting full energy independence by 2030. #BLOE #Georgia 1tv.ge/lang/en/news/p…
Georgia is strengthening its role as a bridge between Europe and Asia. PM Kobakhidze highlights major infrastructure projects, like the new Tbilisi Dry Port, that boost connectivity. A strong signal of long-term growth potential for the region. #BLOE 1tv.ge/lang/en/news/p…
Goldman Sachs warns of oil price surge on Strait of Hormuz risks… …the bank estimated Brent crude could briefly peak at $110 per barrel #BLOE #Oil #IranIsraelConflict miningweekly.com/article/goldma…
Oil prices jumped to a five-month high after the US bombed Iran’s nuclear facilities, increasing the likelihood that Tehran would respond by attacking energy infrastructure in the region or shipping in the Strait of Hormuz. #BLOE #Oil 🛢️ on.ft.com/3FZ83LF
“…Oil prices climbed over 4% on Tuesday as the Iran-Israel conflict raged with no end in sight…” #BLOE #Oil #Gas reuters.com/business/energ…
Azerbaijan’s upstream agreement with @exxonmobil mark a new wave of interest in the South Caucasus’ energy potential. Georgia & Azerbaijan share many geological similarities and reinforces the region’s strategic role in Europe’s energy future. #BLOE reuters.com/business/energ…
Audited #BLOE Results for the Year Ended 31st Dec 2024 ✅Improved cash position and stable overall financial performance ✅Focus on high-impact projects saw continued progress ✅Robust production, better than expected londonstockexchange.com/news-article/B…
We are pleased to announce our #BLOE audited results for the year ended 31st December 2024. We continued to make progress in executing our four Project strategy… londonstockexchange.com/news-article/B…
“…Block Energy Plc has announced a notification of major holdings due to a name change of a shareholder, Maven Renovar VCT PLC, previously known as Amati AIM VCT plc….” #BLOE $BLOE #Oil #Gas tipranks.com/news/company-a…
Following the successful water injection test (as announced on 14.04.2025), #BLOE is pleased to publish a short video outlining the operation - a key breakthrough for our CCS Pilot Study. The test demonstrated that water injection rates of 5,000+ barrels per day are achievable.
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