Latest news
BP is expanding its shale gas business in China
BP has announced on Thursday that it has signed a second contract for shale gas exploration, development and production with China National Petroleum Corp (CNPC). Earlier this year, the two companies signed their first shale gas production-sharing contract (PSC) on the adjoining Neijiang-Dazu block.
read more... 02/09/2016
Russia’s Lukoil envisages sale of oil refineries in Europe
Russia’s oil company Lukoil mulls spinning off or selling its downstream assets in Europe to focus on exploration both in Russia and abroad, according to Chief Executive Vagit Alekperov.
read more... 20/06/2016
Norway awards new offshore drilling licenses in Barents Sea for the first time in 2 decades
Norway’s government awarded on Wednesday 10 new licenses for offshore oil and gas exploration in the Barents Sea, including three in previously untapped waters near the Russian border.
read more... 19/05/2016
Eni granted a new exploration licence offshore Ghana
Eni will become the operator of a new offshore gas basin in Ghana, as the Italian major has been awarded an exploration licence, the Cape Three Points Block 4, located in the prolific Tano basin.
read more... 31/03/2016
Bulgaria inks an agreement with Shell for deepwater oil and gas exploration
Bulgaria signed a deal with Royal Dutch Shell on Tuesday to explore for oil and gas in an offshore block in the Black Sea in a bid to end its almost total reliance on Russian natural gas.
read more... 24/02/2016