Latest news
Norway: Statoil unveils a significant discovery in the North Sea
Norwegian energy company Statoil ASA announced it has found significant new oil resources in the North Sea.
read more... 22/04/2013
Gazprom allies Shell to explore Arctic shelf
Russia’s gas giant Gazprom allies the American outfit Shell to jointly develop and explore Russian Arctic shelf and a deep-water offshore project outside of Russia.
read more... 18/04/2013
E.ON has started production at Huntington field
Production at the Huntington oil and gas field in the North Sea has successfully started and signs an important step for E.ON's upstream business as the field will significantly increase the company's overall production and contribute to a substantial increase in cash flow.
read more... 17/04/2013
Sweden is looking to achieve absolute oil independence by 2020
Sweden is searching to become the first nation absolutely oil-free in the world by 2020.
read more... 15/04/2013
China on the track to become Russia’s biggest oil buyer in 2018
China is on the way to become Russia’s largest oil buyer within five years, after the Russian oil giant Rosneft decided to more than double the shipments in exchange for loans.
read more... 09/04/2013