Britain's High Court ruled on Tuesday that a local government's shale gas fracking license award to developer Third Energy was legal after it was challenged by Friends of the Earth.
read more... 21/12/2016
French oil company Total has announced it has made an oil discovery in the Khan Asparuh license, situated in the Black Sea offshore Bulgaria. The volumes of oil have not yet been made public.
read more... 31/10/2016
Communities Minister Sajid Javid is confident that the British government will support fracking just days before a decision on whether to grant a shale gas license in northwest England.
read more... 04/10/2016
Norway's Statoil ASA declared on Tuesday it had settled with the U.K.'s Tullow Oil PLC to buy stakes in four oil drilling licenses off Norway, counting a 20% stake in the Wisting finding in the Barents Sea, at an unrevealed price.
read more... 06/09/2016
Norwegian oil major Statoil ASA declared on Friday it had decided to acquire Petrobras' 66% operated interest in the BM-S-8 offshore license in Brazil's Santos basin for $2.5 billion.
read more... 29/07/2016