Latest news
Prospex Oil and Gas discovers gas in Romanian reservoirs and might launch production in Q2 2018
Prospex Oil and Gas based in the UK declared it has made a finding at its Bainet-1 well on the Suceava concession in Romania and might launch exploration in the second quarter of 2018, as announced by the operator of the well, Raffles Energy.
read more... 28/11/2017
Eni draws its attention to Crete oil and gas exploration
Italy’s Eni is examining Crete’s sites as Greece intends to initiate its offshore oil and gas development.
read more... 10/10/2017
A joint exploration in Siberia agreed between Russia's Rosneft and China's CEFC
Russian oil major Rosneft declared on Sunday it inked a cooperation deal with CEFC China Energy Company for joint exploration in Siberia.
read more... 05/09/2017
Oil exploration is a key issue for voters in Norwegian parliamentary election
The Green party pledges to stop oil exploration in Norway and phase out production within 15 years. Norway's number one industry accounts for half of national exports and employs over 180,000 people. The greens have been gradually gathering support over the past 4 years and are polling at about 5% of the votes, underlining changes in Norwegian society and divisions over the future of oil.
read more... 01/09/2017
Britain's Tullow starts oil and gas exploration in Zambia
British firm Tullow Oil on Friday launched exploration for oil and gas in Zambia, Africa's No.2 copper producer, as the nation strives to diversify its economy and reduce its dependence on the industrial metal.
read more... 14/08/2017