Latest news
UK government offers new 167 oil and gas exploration licenses in North Sea
The UK Department of Energy and Climate Change (DECC) has offered 167 new oil and gas licenses to companies under the 27 Licensing Round, following a record level of interest by oil companies.
read more... 26/10/2012
Eni to develop shale gas in Ukraine
Italian energy major Eni has signed a deal with Ukraine’s state owned Nadra Ukrayny and UK Cadogan Petroleum to purchase a 50.1% stake in WestGasInvest, the holder of nine shale gas license areas in Lviv Basin, covering about 3800 square kilometres.
read more... 19/06/2012
Could Poland gain independence from Russian gas?
Poland, the place where international energy companies are struggling for the license to drill for shale gas, wants to break the Russian energy grip and sees the shale gas extraction practice as direction to independence from the Russian giant Gazprom, even if many residents near the drilling places are concerned about the risks.
read more... 10/02/2012
FERC gives license for New York’s first tidal energy project
The first pilot license, for a 1 MW tidal energy project to be developed in the East Channel of New York’s East River, was issued by Federal Energy Regulatory Commission. The project was drafted by New York-based Verdant Power Inc. and will be built in three phases by installing up to 30 commercial class turbines with five fixed generator units to capture energy from tidal flow.
read more... 26/01/2012
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