Latest news
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
BP examines the possibility of drilling a new well in the Caspian Sea.
BP, the largest foreign investor in Azerbaijan which operates the technical aspects of the project on the development of the Shah Deniz gas field wants to build new production well in the Caspian Sea.
read more... 30/12/2010
Conoco shows interest in Poland’s shale gas.
The third-biggest U.S. energy company, ConocoPhillips, along with the Lane Energy Poland, plan to drill a exploratory well for shale gas in the northern Poland, aside from the other two drilled this year by the Polish energy company.
read more... 06/12/2010
U.S. permits block the exploration of the Gulf of Mexico.
After the BP crisis in the Gulf of Mexico, U.S. authorities have been more restrictive in giving permits that allow companies such as Shell to make further drillings.
read more... 03/12/2010
Exxon to double or triple number of wells in Iraq's West Qurna.
With a current output production of 200,000 to 250,000 barrels per day, Exxon Mobil and its partner Royal Dutch Shell’s plan to drill new wells in Iraq's West Qurna to boost production to 2.325 mln barrels per day.
read more... 28/09/2010