Latest news
Shell adds new chief scientists to its thought-leadership group.
Shell appointed today three chief scientists to cover the critical industry departments of exploration, unconventional oil, and in-well technology. This appointment has the role to consolidate Shell’s existing group of six top scientific experts.
read more... 15/12/2010
Russia will increase taxes in gas industry.
Russia's finance minister announced on Friday it will increase the taxes in gas industry as the government needs more cash to cover its budget deficit.
read more... 22/11/2010
France recovers its gasoline stocks
France recovers, step by step, its gasoline stocks, receiving fuel from a vessel at one of the northern ports of France, while expecting another ship coming to deliver more, according to industry sources.
read more... 26/10/2010
The EU limit on greenhouse gas emissions increased by 5.8%
The European Commission revised up the limit on greenhouse gas emissions from heavy industry it will apply in 2013, announcing on Friday, a level of 2,039,152,882 tonnes of carbon dioxide, which is 5.8% higher than the provisional level of 1.927 billion set by the Commission in July.
read more... 25/10/2010
Angola – surpassing its OPEC quota.
Oil minister Jose Botelho de Vasconcelos was quoted by local news agency declaring that Angola is extracting more than its OPEC quota. The Angolan official said that they’re producing 1.9 million barrels of oil per day even though they admit the output target set by OPEC is 1.656 million bpd, and still, industry sources say that it is even lower, at 1.52 million bpd.
read more... 27/09/2010