Latest news
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
Turkey state oil firm plans to invest 4 billion USD in 3 years
The general manager of Turkey’s national oil and natural gas exploration company, TPAO, announced that they’re going to invest 4 billion USD in the forthcoming 3 years and to drill 500 oil wells in the next 5 years.
read more... 22/09/2010
Statoil’s evacuation of North Sea platform
Statoil, the largest Norwegian oil and gas producer, had reported the evacuation of the North Sea oil platform today due to the modifications in the well pressure.
read more... 21/05/2010
Nordic power prices up
Nordic electricity forward prices increased, being caused by high power and coal prices in Germany, as well as stable prices for carbon emissions.
read more... 26/04/2010
Power prices stable in the Nordic region
On Friday, the forward prices for Nordic electricity increased, because of the high German power prices, as well as fossil fuel increased prices for coal and oil, and another factor is the cold weather.
read more... 09/04/2010