The German energy major RWE Dea announced it launched the drilling at the Breagh field, which is one of the largest natural gas discoveries under development in the UK Southern North Sea.
read more... 23/05/2012
BP registered a drop in its profit higher than expected because of weaker production prompted by the need to sell oil fields in order to pay for the disaster occurred in the Gulf of Mexico.
read more... 01/05/2012
The Italian energy giant, Eni alongside a joint venture with Russian companies started the production of hydrocarbons in the Russian Federation, from the Samburskoye field, located western Siberia, as the group aims to increase its influence on one of the largest gas market in the world.
read more... 24/04/2012
The oil majors, ExxonMobil, ConocoPhillips, BP and TransCanada have agreed on a plan to focus on a large-scale liquefied natural gas project at the Point Thomson gas fields in Alaska, US by May 2016.
read more... 03/04/2012
Irish exploration company Providence Resources has recently announced that it has found the Republic’s first viable oil field at 70 km off the Cork coast.
read more... 20/03/2012