Latest news
Eni, Exxon, Rosneft, Sasol obtain exploration rights in Mozambique
Russia's Rosneft and associate ExxonMobil are among the four firms to obtain potentially lucrative exploration rights for fossil fuels off Mozambique's Indian Ocean coast on Thursday, as stated by the company.
read more... 30/10/2015
Shell will search for oil and gas in block offshore Bulgaria
Bulgaria has chosen Royal Dutch Shell to perform deepwater oil and gas exploration off its Black Sea coast and intends to ink an agreement by the end of October, expecting that the project will aid reduce its dependence on imports from Russia.
read more... 30/09/2015
Russia and Argentina seal deal for gas exploration
Russia’s energy giant Gazprom and Argentina’s state-controlled oil company YPF have sealed an agreement for exploration of gas reserves in Argentina in an effort to boost local production and to cut back on energy imports.
read more... 08/09/2015
Britain awards new shale gas licences for first time in seven years
Britain awards shale gas exploration licences for the first time in seven years on Tuesday, offering new sites to firms comprising IGas and France's GDF Suez.
read more... 20/08/2015
Total might begin Bulgaria offshore drill in early 2016
French oil company Total declared on Monday it was on the way to begin drilling for oil and gas at an exploration location off Bulgaria's Black Sea coast early next year.
read more... 19/08/2015