Latest news
Chevron abandons the exploration of shale gas in Lithuania
U.S. oil and energy giant Chevron has announced it has decided to abandon the tender to explore shale gas in Lithuania because of the unfinished legislative base for hydrocarbon exploration in Lithuania.
read more... 09/10/2013
Energy- hungry China to invest $13.07 billion in oil and gas exploration in 2013
China is expected to invest 80 billion yuan ($13.07 billion) in oil and gas exploration until the end of 2013, as it pledges to increase energy supplies and to curb its dependence on energy imports, according to the Ministry of Land and Resources.
read more... 17/09/2013
Eni strikes the biggest ever gas discovery offshore Mozambique
Italy –based Eni has unveiled a new significant impact discovery offshore Mozambique, while working in its Agulha exploration prospect.
read more... 06/09/2013
Italy to halve offshore exploration areas
According to a Reuters report Italy has halved the offshore areas where it will allow companies to explore for oil and gas as it is aiming to diminish the country’s reliance on energy imports. The move is projected to placate environmental groups and to hasten expansion of new deep-water prospects.
read more... 05/09/2013
Petroleum activities on the Norwegian continental shelf
The Norwegian oil adventure started with the discovery of Ekofisk in 1969 with the exploration activity that was concentrated on the North Sea. Ekofisk is the largest field on the Norwegian continental shelf, considered in terms of daily oil production and serves as a hub for petroleum operations in this region, with several fields utilizing the infrastructure at Ekofisk for further transport in the Norpipe system.
read more... 26/08/2013