Latest news
Daily – UK spot gas rises on Norway field outage
U.S. and ICE Brent crude oil futures shed for a second day in line on Thursday, hit by news that Britain had agreed to cooperate with the United States in realizing strategic oil reserves later this year.
read more... 16/03/2012
Gazprom and Total to develop arctic reserves
Alexey Miller, Chairman of the Gazprom Management Committee and Christophe de Margerie, Chairman of the Board of Directors and CEO of Total met on Friday in Saint Petersburg to discuss the next step in the development of Shtokman natural gas field in the arctic waters on the Russian continent shelf, which is considered by Gazprom to be a strategically important move.
read more... 28/02/2012
Statoil increases offshore gas reserves at its Snøhvit field
The Norwegian oil giant, Statoil is boosting the volume of gas reserves believed to be contained in its Snøhvit offshore field in the Barents Sea.
read more... 31/01/2012
Norway granted 60 oil production licenses in mature fields
The Norwegian government has decided to award 60 production licenses to 42 oil companies in the Awards in Predefined Areas round for 2011 (APA 2011), while 27 of them were granted operatorships.
read more... 18/01/2012
Shell-Exxon venture to discover the largest gas field in the Netherlands since 1995
A joint venture between Shell and ExxonMobil, called Nam, said it has successfully drilled a significant new onshore natural gas field in the Netherlands.
read more... 10/01/2012