Latest news
Eni and Repsol explore natural gas fields in Venezuela.
Italian oil and gas company, Eni, and its Spanish partner Repsol plan to start their common natural gas production at Perla in Venezuela in the second half of 2013.
read more... 16/11/2010
Spain hydropower and irrigation reserves increased.
Spain's hydropower production capacity and irrigation ability increased last week. Water reserves still are over the average levels, despite little decreases during summer period, thanks to an unusually wet winter and spring.
read more... 15/11/2010
Melrose starts gas production in Bulgaria.
UK oil and gas explorer Melrose Resources has started its natural gas production in Bulgaria, exploration that could meet around15% of Bulgarian annual domestic gas consumption.
read more... 05/11/2010
Statoil delayed its planned output increase by 2012.
Norway's Statoil decreased its 2010 oil and gas production target on Wednesday, after heavy maintenance work in the third quarter that affected its earnings and casted doubt on its plans to increase the output to 14% by 2012.
read more... 04/11/2010
Gazprom increases daily gas production by 22%.
Oil production in Russia, hit a new record. Russia's oil production increased to 10.26 million barrels per day in October, beating the high of 10.16 million barrels per day in September.
read more... 03/11/2010