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2012: Record year for Italian Eni

Italian oil and gas company Eni had a record year for exploration in 2012 with discovered resources of about 3.64 billion barrels of oil equivalent. Meanwhile, proved reserves were at an eight-year record by the end of 2012 at 7.7 Billion barrels of oil equivalent.

read more... 18/02/2013

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French Total to explore shale gas in the UK

France’s Total, Europe’s third-largest oil company, is envisaging investing in shale gas exploration in the UK, said the company’s CEO Christophe de Margerie.

read more... 15/02/2013

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Eni had made important oil discovery in Egypt

Italian energy company Eni has announced on Wednesday that it had made a new oil discovery, at the NFW well “Rosa North 1X‘, located in the Meleiha Concession, in the Western Desert of Egypt, as Eni plans to consolidate exploration activities in the country.

read more... 07/02/2013

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Chevron gets green light to explore shale gas in Romania

The American energy giant Chevron got the green light for the shale gas exploration in the eastern part of Romania, a major U-turn from the decision taken last April to suspend Chevron’s exploration activities.

read more... 05/02/2013

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UK to give the green light to 28 new oil and gas projects

UK is expecting to give the green light for the exploration of 28 new oil and natural gas projects offshore in 2013, amid the increased untapped resources in the North Sea, declared British Energy Secretary Ed Davey.

read more... 01/02/2013

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