Turkey has started hydraulic fracturing operations to extract shale gas in the Thracian and southeastern Anatolian regions. Turkey is aiming to expand the employ of horizontal drilling to exploit the estimated 163 trillion cubic feet of reserves that have been detected in the country.
read more... 26/09/2013
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
Russian crude oil giant, Rosneft on Tuesday sealed an oil and gas deal with Azerbaijan's state energy firm, SOCAR.
read more... 15/08/2013
Israel, Greece and Cyprus signed a memorandum of understanding (MoU) on 7 August in Nicosia on cooperation in the fields of energy and water.
read more... 12/08/2013
U.S. energy company Hess Corp has signed a co-operation agreement with China National Petroleum Corporation (CNPC) to develop a shale oil block in China.
read more... 30/07/2013