Latest news
Engie struck oil and gas at Cara well in Norwegian North Sea
French utility Engie (ex-GDF Suez) has found gas and oil in the Norwegian part of the North Sea, near the existing Gjoa field which it operates.
read more... 19/09/2016
Shell to trigger production in Gulf of Mexico
Dutch energy giant Shell commenced production in its ultra deepwater fields in the Gulf of Mexico, according to an official statement.
read more... 07/09/2016
Statoil acquires Tullow Oil stakes off Norway
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
British energy imports rally at highest level since the 1970s energy crisis
Britain is in the midst of an energy revolution. The government has pledged since the late 1990s to use more renewable energy.
read more... 19/08/2016
BP hit a milestone oil production in Azerbaijan
A BP unit working in the Caspian Sea unveiled a milestone for oil pulled from Azeri waters with its 3 billionth barrel since the start of production from the Chirag platform in 1997.
read more... 18/08/2016