Latest news
Israel wishes 2-3 new energy companies to drill off its coast
Israel started to accept bids this week from energy firms wishing to drill for oil and gas in 24 offshore blocks, and its energy minister stated that in the end he would be happy selecting just two or three foreign exploration groups.
read more... 17/11/2016
British IGas gets the green light for shale gas exploration
Onshore hydrocarbon producer, IGas Energy plc, confirmed Tuesday that Nottinghamshire County Council’s Planning and Licensing Committee has awarded the company planning consent to drill up to two exploratory wells in Misson Springs, North Nottinghamshire, UK.
read more... 16/11/2016
BP and Rosneft to create a joint venture to explore resources in Eastern and Western Siberia
British energy company BP and Russian giant Rosneft announced the creation of a new joint venture, Yermak Neftegaz LLC, to carry out exploration in the West Siberian and Yenisey-Khatanga basins in the Russian Federation.
read more... 02/11/2016
UK: Oil and gas production up, investments and exploration down
According to Oil & Gas UK annual latest report, published yesterday, the production of oil and gas in the UK increased by more than 10% in 2015 for the first time in 15 years. The increase was due to a succession of new projects in the North Sea along with developments of technological innovations in order to get the best out of the extraction from the existing fields.
read more... 28/09/2016
Gazprom finds new gas deposit in Sea of Okhotsk
Gazprom declared on Thursday it had found a new gas deposit during exploration at the Kirinskoye field in the Sea of Okhotsk close to Russia's Sakhalin island.
read more... 23/09/2016