Latest news
New oil discovery in Bohai Sea, China
China National Offshore Oil Corporation (CNOOC) Limited, the listed unit of the country's largest offshore oil producer, has recently revealed that the company has made a new oil discovery in the Bohai Sea, China.
read more... 01/06/2012
Denmark: oil production to slump 8% in 2012
Denmark’s oil production is expected to slump 8% in 2012, according to a forecast released by the Danish Energy Agency.
read more... 31/05/2012
Lukoil: 2012 first quarter net profit up 7.7% on higher oil prices
The Russian oil and gas giant Lukoil saw a hike in its 2012 first quarter net profit, pushed up by higher oil and gas prices.
read more... 28/05/2012
Ithaca Energy welcomes first oil from Athena field
Ithaca Energy revealed a successful start-up of the oil production from the Athena field in block 14/18b in the Outer Moray Firth area of the North Sea.
read more... 28/05/2012
Italy’s Eni makes a significant oil discovery in Egypt
Italy’s energy giant Eni unveiled an important oil find in Egypt's Western Desert, at the Emry Deep exploration prospect, located in the Meleiha Concession, 290 kilometres southwest of the port city of Alexandria.
read more... 25/05/2012