Latest news
New South Wales State (Australia) to be powered entirely with renewable energy by 2020
According to declarations of the National team of engineers at the Ashfield Aquatic Centre, the New South Wales State (NSW, Australia) can be powered entirely with wind and solar energy within 10 years. The aim may be achieved by implementing a revolutionary technology of concentrated solar thermal power plants.
read more... 03/05/2011
Statoil began oil production at Peregrino field in Brazil
Norwegian oil company Statoil announced on Thursday that it has discovered a significant oil reserve at its Peregrino field in Brazil and started oil production last week having the goal to become the second-largest operator there, after Petrobras.
read more... 15/04/2011
Statoil initiates investigations at the Visund field after gas leak
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
Kazakhstan to suspend its work at Kashagan oil field for three years
Kazakhstan plans to suspend its activities on the main stage of the Kashagan project for three years, following the Royal Dutch Shell and Exxon Mobil attempts to persuade the country’s oil ministry to simplify the project design, which would cut their expenditures by $18 billion to $50 billion.
read more... 06/04/2011
Matra Petroleum to begin oil production in the Sokolovskoe Field, Russia
Matra Petroleum, an independent oil and gas exploration and production company which is actively operating in Russia since 2006 and is constantly examining the potential for oil and gas over there, announced that it has begun the production for both existing wells in the Sokolovskoe field, Russia.
read more... 06/04/2011