Latest news
Exxon Mobil discovers major oil reserves off Guyana
Exxon Mobil Corp declared that it had found a major oil reservoir off the coast of the South American state of Guyana.
read more... 09/01/2018
Prospex Oil and Gas discovers gas in Romanian reservoirs and might launch production in Q2 2018
Prospex Oil and Gas based in the UK declared it has made a finding at its Bainet-1 well on the Suceava concession in Romania and might launch exploration in the second quarter of 2018, as announced by the operator of the well, Raffles Energy.
read more... 28/11/2017
Vietnam partners with China and India to build fuel storage
Vietnam will partner with China and India to create an oil reservoir in order to broaden commercial storage for crude oil and strengthen energy security, as domestic production falls and crude imports rise.
read more... 28/07/2017
BP and Kosmos Energy find an important gas reservoir offshore Senegal
BP and its partner Kosmos Energy have recently made an important discovery of a gas reservoir offshore Senegal, during drilling the Yakaar-1 exploration well. Yakaar-1 well is situated in the Cayar Offshore Profond block, approximately 95kms northwest of Dakar.
read more... 10/05/2017
Leviathan gas project to pump $3.75 bln in the first stage of development
Developers of the Leviathan natural gas field approved a $3.75 billion final investment decision (FID) in the first phase of the giant reservoir, the largest energy project in Israel's history.
read more... 23/02/2017