Latest news
French oil giant launches biggest exploration for oil in years
French oil giant Total is launching its biggest exploration campaign for years as the company sets its sights areas known to contain commercial levels of oil or gas.
read more... 30/01/2019
Albania and Shell drop plans to drill for oil in protected area
The Albanian government and the local subsidiary of Royal Dutch Shell have dropped plans to search for oil in a protected area in the southern Albanian region of Gjirokaster as part of drillings in Block 4.
read more... 28/01/2019
KOG unveils drilling plans for Horse Hill and other UK onshore assets
UK Oil & Gas (UKOG) has unveiled its plans to drill up to nine production, appraisal and exploration wells during 2019 and 2020 across its assets, located onshore UK, including the Horse Hill field, which it aims to bring into permanent production.
read more... 25/01/2019
Russia plans to accelerate pace of oil cuts: Novak
Russian energy minister Alexander Novak said Moscow is seeking to accelerate the pace of its oil production cuts under the Opec+ agreement, but reiterated it faces operational challenges, Kallanish Energy reports.
read more... 21/01/2019
OMV in plans for $6bn initial spend to develop Norway oil discovery
Austria's OMV and partners plan to invest up to $6 billion initially to develop the Arctic Wisting oil find, Norway's northernmost oil discovery, which could start production within a decade, a senior executive said on Wednesday.
read more... 17/01/2019