Russian President Dmitry Medvedev signed on April 8 the ratification of the agreement with Norway on Maritime Delimitation and Cooperation in the Barents Sea and the Arctic Ocean.
read more... 12/04/2011
Norway’s biggest oil and gas producer Statoil has initiated investigation operations at the Visund field in the North Sea following the gas leak that occurred over the weekend.
read more... 12/04/2011
According to the declarations of Italian Foreign Minister Franco Frattini, Eni’s chief executive Paolo Scaroni has visited Benghazi to discuss energy cooperation with the rebel forces.
read more... 05/04/2011
U.S. and Brent crude ended higher on Tuesday in thin volume trading supported by stronger equities and uncertainty regarding a fast return of Libyan oil exporting operations. On the NYMEX market, the U.S. crude for May delivery increased by 0.78 percent being traded at 104.79 dollars a barrel, while ICE Brent crude for May delivery gained 36 cents settled at 115.16 dollars a barrel, after registering a trading range between 113.52 and 115.64 dollars.
read more... 30/03/2011
Exillon Energy, a British independent oil company with upstream operations in two oil rich regions of northern Russia, has revealed an oil finding from the appraisal well 5 (EWS I - 50P) in western Siberia.
read more... 29/03/2011