Latest news
Aker BP hits oil and gas at Froskelar Main well offshore Norway
The company on Monday said that preliminary analysis indicates a gross discovery size of 45-153 million barrels oil equivalents.
read more... 04/02/2019
KOG unveils drilling plans for Horse Hill and other UK onshore assets
UK Oil & Gas (UKOG) has unveiled its plans to drill up to nine production, appraisal and exploration wells during 2019 and 2020 across its assets, located onshore UK, including the Horse Hill field, which it aims to bring into permanent production.
read more... 25/01/2019
Equinor to drill seven new wells at Gullfaks to recover even more resources
Norwegian oil and gas major Equinor and its partners have decided to drill seven new wells at Gullfaks field located offshore Norway and improve oil recovery by 17 million barrels.
read more... 16/01/2019
Daily (08.01.2019): NBP spot plummeted by 6.5% on Monday due to an oversupplied system
Oil prices surged for the fifth consecutive day on Monday due to cuts in production by OPEC and its allies, as well as the recovery in equity markets. While Brent crude edged 0.5% higher at $57.33 a barrel, WTI crude gained 1.2% to close at $48.52 a barrel. Gains were limited by reduced crude inventories in the US.
read more... 08/01/2019
Serbia to boost its energy security
By participating in the project to build the TurkStream gas pipeline, Serbia has a chance to become a transit country and derive considerable profit therefrom, as well as to boost its own energy security, Serbian Minister of Mining and Energy Aleksandar Antic has told Blic.
read more... 02/01/2019