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
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
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
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
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