Latest news
Successful shale test for San Leon in Poland
European oil and gas company San Leon Energy Plc, has reached a crucial milestone on the way to commencing commercial production of shale gas for the first time in Europe, reporting a sustained gas production rate of 45,000–60,000 standard cubic feet per day. Natural gas flowed from its Lewino well in a shale formation in the Baltic Basin in northern Poland.
read more... 28/01/2014
Dutch government to curb gas production from huge Groningen gas field over tremors
The Netherlands announced that it will curb gas production from the Groningen gas field by 15% to 20% per year amid concerns of local residents about earth tremors.
read more... 21/01/2014
Belgium to extend life of Tihange 1 nuclear reactor
Belgium has seven nuclear reactors generating about half of its electricity. Electricity production in Belgium was about 78.6 billion kWh (TWh) in 2012, of this 40.3 TWh was from nuclear. Most Belgian electricity is produced by Electrabel, a subsidiary of GDF Suez, which also controls all the nuclear plants. Electrabel owns 50% of Tihange 1 and 89.8% of Tihange 2 and 3.
read more... 14/01/2014
Italy intends to increase oil production
It is thought that Italy could hold Europe’s biggest onshore crude oil fields. The priority for Italy’s government is to re-launch an economy that’s shrunk and where more than 35 % of young people are unemployed.
read more... 13/01/2014
Daily: British prompt gas prices decline on higher temperature forecasts
Crude oil settled higher on Friday, reversing two days of losses, as traders purchased contracts to cover short positions ahead of the weekend and reports of production issues at a major oil field in the UK kept supply concerns.
read more... 13/01/2014