Latest news
‘UK needs 120GW of new low carbon capacity to go net zero by 2050’
The UK’s legally-binding target to reach net zero emissions by 2050 will require more than 120GW of new low carbon capacity.
read more... 16/10/2019
PGNiG makes oil and gas discovery at Skarv field in Norwegian Sea
PGNiG Upstream holds 40% share in the PL838 license, which is located in the Norwegian Sea and is directly adjacent to the Skarv and Ærfugl licenses
read more... 16/10/2019
Ukraine sees 10-year high gas volume in storage
Ukraine has pumped 21 billion cubic meters (bcm) of natural gas into its underground storage facilities, to reach a 10-year high volume, according to Naftogaz.
read more... 16/10/2019
Iran: Gas field discovered with $40 billion worth of reserves
A new gas field with 13,000 billion cubic feet of recoverable reserve and 385 million barrels of condensate, valued at $40 billion, has been discovered in Fars province, southern Iran.
read more... 15/10/2019
Aberdeen oil firm to be acquired for £382 million by Nigerian rival
Aberdeen-based Eland Oil & Gas is set to be acquired for £382 million by Nigerian oil firm Seplat.
read more... 15/10/2019