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Bulgarian energy experts seek to attest the safety of shale gas drilling

During a press conference, the Bulgarian officials asserted that shale gas production does not represent greater environmental risks than the production of conventional energy and mineral resources; moreover it can make flourish the Bulgarian state, which is now the EU’s poorest one member.

read more... 21/07/2011

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UK energy drilling declines to a nine-year low

Energy companies operating in the UK North Sea, drilled 50 % fewer wells compared with April to June of 2010, mainly due to tax increases, reaching the lowest level in the second quarter since nine years, according to the industry figures.

read more... 15/07/2011

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GE won a $45 million oil rig contract

General Electric Co. won a 45 million dollars contract as to provide services for Chevron deep water oil drilling rig in the Gulf Coast.

read more... 07/07/2011

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Shell and CNPC to create a joint venture for gas drilling

Royal Dutch Shell signed on Monday a Global Alliance Agreement with China National Petroleum Corporation (CNPC), the parent of PetroChina, aiming to establish mutual cooperation opportunities in China and abroad.

read more... 22/06/2011

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French lawmakers debate the ban on shale gas drilling technique

The French lower house of parliament adopted on Wednesday a ban on the controversial technique for extracting shale gas, following the concerns about ground water contamination.

read more... 12/05/2011

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