Bulgaria has chosen Royal Dutch Shell to perform deepwater oil and gas exploration off its Black Sea coast and intends to ink an agreement by the end of October, expecting that the project will aid reduce its dependence on imports from Russia.
read more... 30/09/2015
Russia’s energy giant Gazprom and Argentina’s state-controlled oil company YPF have sealed an agreement for exploration of gas reserves in Argentina in an effort to boost local production and to cut back on energy imports.
read more... 08/09/2015
Britain awards shale gas exploration licences for the first time in seven years on Tuesday, offering new sites to firms comprising IGas and France's GDF Suez.
read more... 20/08/2015
French oil company Total declared on Monday it was on the way to begin drilling for oil and gas at an exploration location off Bulgaria's Black Sea coast early next year.
read more... 19/08/2015
Polish state-controlled oil and natural gas company Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) is expected to commence oil and gas explorations in eastern Germany, as part of a bigger plan to boost production assets outside Poland.
read more... 07/08/2015