Latest news
Equinor discovers gas, condensate in North Sea
Proven reserves are between 3 and 10 million standard cubic meters of recoverable oil equivalent
read more... 09/07/2020
Austria shuts down last coal-fired power plant
Austria, an Alpine nation with no significant fossil fuel reserves of its own, still has more than a dozen power plants burning gas and oil.
read more... 16/06/2020
Bulgaria plans state company to manage fuel storage and trade
Bulgaria plans to set up a state-owned company to manage oil and fuel reserves and build petrol filling stations across the Balkan country to boost competition and ensure fair prices for consumers, the government said on Monday.
read more... 19/05/2020
Gazprom ups Kruzenshternskoye gas field reserves
Russian giant Gazprom said the amount of Kruzenshternskoye’s field’s total gas reserves went up by 22 percent from 1.64 trillion to 2 trillion cubic meters.
read more... 02/01/2020
Discovery Of 1 Billion Tons Of Reserves In Gangsu Oil Field Boosts Industry Confidence
China's scaling up of its oil and gas detecting and exploiting technologies has paid off as it has now added a significant amount to its geological reserves. PetroChina Changqing Oilfield Company, the regional branch of China's PetroChina, has discovered an additional 1 billion tons of oil from shale oil resources at its oil field in Qingcheng, Northwest China's Gansu province.
read more... 29/10/2019