Latest news

Total: First Danish shale gas exploration authorized

French energy major Total received the green light from a town in northern Denmark to start drilling first shale gas test wells in the Northern country where conventional gas production is depleting.

read more... 27/06/2014

news

Ukraine’s energy efficiency to be enhanced, U.S. bill

A bill proposed by U.S. Senator Edward Markey on Thursday aims to reduce Ukraine's fuel reliance on Russia by improving its heating infrastructure and renewing its Soviet-era natural gas drilling potentials.

read more... 06/06/2014

news

Italy’s Edison in negotiations to acquire two Israeli gas fields

Edison, Italian utility owned by EDF France, is in negotiations to acquire the Tanin and Karish gas fields offshore Israel from Delek Drilling and Noble Energy, U.S. explorer, at a total capacity of about 70 billion cubic metres, according to two sources familiar with company’s plans.

read more... 07/03/2014

news

Cyprus: natural gas drilling is likely to continue despite Turkish threats

The Greek Cypriot government promised that extraction and drilling of natural gas offshore Cyprus will continue, even though Turkey has threatened to block these operations since it thinks the energy assets partly belong to Turkish Cypriots.

read more... 25/02/2014

news

Is the US close to its energy independence?

Looking at the whole U.S. energy picture, which includes natural gas, coal, nuclear, crude oil and renewables, the country is close to being self-sufficient. As a result of the hydraulic fracturing and horizontal drilling, the U.S. is set to become the world’s largest oil and natural gas producer. The American energy boom is also drastically reducing oil and gas imports at a time when much of the world is becoming more reliant on energy imports.

read more... 10/02/2014

news