Latest news
Spain’s Repsol unveils a significant hydrocarbon discovery in West Siberia
Spanish oil major Repsol unveiled it made two new hydrocarbon discoveries in relatively unexplored side of West Siberia. If combined, the two discoveries represent Russia’s largest hydrocarbon find for two years.
read more... 24/06/2014
Statoil remains at 2016 cost savings plan
Statoil remains loyal to its 2016 plans to reduce costs, without having public cost-saving goal for 2020, following Bloomberg’s report mentioning that Norwegian oil firm intends to cut costs in order to generate an extra $5 billion a year by 2020.
read more... 06/06/2014
Daily: British gas prices decreased due to higher supplies from Norway
Brent futures slightly increased on Thursday, holding near $110 a barrel amid expectations of higher demand from top oil consumer the United States since a sharp decline in the country's gasoline stocks added to latest data leading to a stronger economy.
read more... 29/05/2014
Greece approves demand of Italian company to seek out oil, gas
Greece authorized on Wednesday a demand of an Italian energy company to seek out oil and natural gas in three onshore regions in the west of the country, Arta, Aetoloakarnania and the northwestern Peloponnes.
read more... 26/05/2014
Czechs opposes unique EU entity for gas, oil acquisitions
Polish suggestion to form a unique entity to purchase gas for the European Union has been rejected by the Czech Republic, but it might nevertheless sustain private groups willingly joining up for acquirements, as mentioned in a paper approved by the government on Wednesday.
read more... 22/05/2014