Latest news
Egypt: Eni signs deal for new exploration block
Italian oil and gas conglomerate Eni declared on Friday it had inked a deal to operate a new exploration block in the western desert of Egypt, reinforcing its position in the country.
read more... 12/01/2015
Croatian government grants 10 hydrocarbon exploration licences off Adriatic coast
The Croatian government on Friday awarded 10 licences to explore for oil and gas off Croatia’s Adriatic coast.
read more... 05/01/2015
Ineos intends to invest $1 billion in UK shale gas
Swiss chemicals group Ineos announced on Thursday about its intention to spend $1 billion for shale gas exploration in Britain, aiming to follow the U.S. shale expansion in one of few European countries to support contentious fracking technology.
read more... 21/11/2014
BP to invest $240 million in two Egyptian exploration blocks
The oil giant BP Egypt, alongside its partners, is envisaging investing $240 million in two new exploration blocks, Block 3 and Block 8, in Egypt.
read more... 12/11/2014
UK-based company discovers oil offshore Senegal
An Edinburgh-based exploration firm has made known the finding of oil off Senegal in West Africa.
read more... 08/10/2014