Latest news

Statoil makes new discovery near Oseberg

Norway’s Statoil ASA has discovered oil and condensate in the North Sea’s Krafla West prospect. Located around 26 kilometers south-west of the producing Oseberg South find, the discovery well encountered hydrocarbons in two columns with a total thickness of 300 meters.

read more... 01/07/2011


Chris Huhne calls for a “green environment”

England’s energy and climate minister, Chris Huhne will meet today the European environmental ministers to discuss on the targets required to meet the EU 2050 low carbon goal.

read more... 21/06/2011


UK pledges for CO2 tax cut for industry

John Cridland, the head of Britain's largest business lobby, CBI has called on Tuesday for carbon tax exemptions for British oil and gas intensive businesses to encourage their ability to compete with companies overseas.

read more... 15/06/2011


France could become the first country to ban hydraulic fracturing

On Thursday, June 9th, the French Senate (upper house) passed a bill on hydraulic fracturing which involves amendments to the bill passed by the lower house last month, based on the prohibition of hydrocarbons exploration by way of hydraulic fracturing.

read more... 13/06/2011


Gazprom and Total to jointly explore Bolivian energy fields

According to the head of Bolivian energy company, YPFB, declarations, Bolivia and Gazprom may sign an agreement within the next weeks to allow Gazprom to explore of hydrocarbons.

read more... 19/05/2011