Latest news
Iraq’s Maysan Oil drills first well on Iranian border
Iraq’s state-owned Maysan Oil will survey the production of oil and gas at the Haifaya oil field, which was opened during a visit from the Oil Minister Jabrane Al-Luaibi.
read more... 11/07/2017
Cuadrilla fracking site blocked by demonstrators
A fracking site in Lancashire has been blockaded by campaigners in protest to the controversial drilling process.
read more... 06/07/2017
UK wishes to revive gas extraction in oldest region of North Sea oil basin
UK's Oil and Gas Authority (OGA) published on Thursday an eight-step program for oil companies with phases to follow to discover the southern North Sea gas deposits difficult cu reach, where drilling for fossil fuels began over 50 years ago.
read more... 23/06/2017
Norway: first offshore drilling rig using 100% onshore power to cut emissions
An offshore drilling rig will be powered entirely from electricity produced onshore which could be a world first in a move to reduce dioxide emissions.
read more... 12/06/2017
Daily (05.06.2017): European spot electricity prices fell 14-16% on Friday
Oil prices plunged on Friday, on fears that U.S. President Donald Trump's decision to exit a climate pact could cause more crude drilling in the United States, worsening a global glut.
read more... 05/06/2017