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EU to hit oil drilling companies for coastal pollution

EU energy commissioner Guenther Oettinger plans to adopt a more stringent attitude on oil companies with a series of measures to prevent leaks in EU water as it happened in the Gulf of Mexico last year.

read more... 20/04/2011

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BP will restart drilling in the Gulf of Mexico

BP asked U.S. regulators to give the company permission to resume drilling in the Gulf of Mexico, as early as July, less than 15 months after an accident that killed 11 workers and led to the release of more than 4.9 million barrels of oil from BP's well into the Gulf of Mexico.

read more... 04/04/2011

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Shell to make a massive investment in China

Royal Dutch Shell is planning to invest a large amount of money on China’s shale gas over the next five years. This involves the drilling of 17 wells in China, including those for tight gas and shale gas.

read more... 22/03/2011

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The U.S administration approves the first deepwater drilling permit since BP oil spill

The U.S. administration declared on Monday that it has authorized the new deepwater oil drilling permit in US waters of the Gulf of Mexico.

read more... 03/03/2011

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Huge natural gas reserves discovered in Israel

According to the U.S. company Noble Energy, a recent test drilling confirmed huge natural gas reserves at Israel's Leviathan gas deposit in the Mediterranean Sea, containing 450 billion cubic meters of gas, which are supposed to guarantee the country's energy independence.

read more... 04/01/2011

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