Latest news
UK will not stop new oil exploration despite IEA climate report
The UK is due to host the U.N. Climate Change Conference (COP26) in Glasgow, Scotland, in November and commissioned the International Energy Agency to chart a path towards net-zero emissions by 2050.
read more... 26/05/2021
North Sea oil drilling ban 'unlikely' but not ruled out by UK ministers
The UK government is unlikely to impose an "outright" ban on new exploration licenses in the North Sea basin, a person close to the matter told S&P Global Platts on March 15, after weekend reports that ministers were considering a moratorium on new drilling.
read more... 16/03/2021
Italy's Edison sells Norway upstream assets to focus on energy transition
The deal, which includes a portfolio of five exploration licences and reserves of 25.9 million barrels of oil equivalent, is expected to close before the end of June
read more... 31/12/2020
Denmark to end oil and gas hunt in North Sea in 2050
Denmarkâs government on Thursday agreed with a majority in parliament to put and end to all oil and gas exploration and extraction in the North Sea by 2050 as well as cancel its latest licensing round.
read more... 04/12/2020
UK's SDX looks to accelerate Egyptian onshore gas exploration
UK-listed upstream junior SDX Energy -- which is focused on mostly gas-producing assets in Egypt and Morocco -- plans to accelerate new drilling at its flagship South Disouq concession onshore Egypt, its CEO Mark Reid said Nov. 19.
read more... 20/11/2020