Latest news
Could Poland gain independence from Russian gas?
Poland, the place where international energy companies are struggling for the license to drill for shale gas, wants to break the Russian energy grip and sees the shale gas extraction practice as direction to independence from the Russian giant Gazprom, even if many residents near the drilling places are concerned about the risks.
read more... 10/02/2012
Huge oil discovery made by Spanish Repsol
The largest Spanish oil company Repsol YPF SA, announced recently that its Argentine YPF SA unit has made the biggest company’s discovery of about 927 million barrels equivalent of shale oil after drilling a dry hole off at the disputed Falkland Islands earlier current year. The shale is located in the northern Patagonia, at the Loma La Lata.
read more... 08/11/2011
Chevron to begin exploratory drilling of shale gas in Poland
The Polish subsidiary of Chevron announced it began exploratory drilling to assess the shale gas potential in Poland. The well will be drilled in Horodysko hamlet, near Lesniowice, on the Grabowiec concessions in Lubelskie.
read more... 04/11/2011
EU: new legislation on offshore oil and gas drilling
The European Union issued a new legislation on offshore oil and gas drilling to guard itself against a repeat of BP's Deepwater Horizon oil spill. It marks the first time the EU has proposed a bloc-wide legislation on offshore oil and gas, although it complements an existing directive on environmental liability under which the polluter pays.
read more... 01/11/2011
UK Government will not prohibit shale gas “fracking”
After long concerns over shale gas drilling controversial technique, the U.K. government pronounced its long awaited decision concerning the development of “unconventional” gas resources, refusing to ban gas “fracking”.
read more... 27/07/2011