Latest news
French oil giant launches biggest exploration for oil in years
French oil giant Total is launching its biggest exploration campaign for years as the company sets its sights areas known to contain commercial levels of oil or gas.
read more... 30/01/2019
Construction for Nord Stream 2 pipeline: 30% completed
The Nord Stream 2 natural gas pipeline, which will carry 55 billion cubic meters of Russian gas to Germany through the Baltic Sea, is around 30 percent completed, according to Nord Stream 2 AG's Financial Director Paul Corcoran on Tuesday.
read more... 30/01/2019
Romania’s Transgaz gets EUR 138 mln loans from EIB for key pipeline projects
Romania’s natural gas transport company Transgaz announced on January 25 that it sealed the documents for a EUR 100 million loan from the European Investment Bank (EIB) for bringing Black Sea offshore gas to the BRUA (Bulgaria-Romania-Hungary-Austria) pipeline and the national gas system.
read more... 29/01/2019
France & Spain Regulators Reject €3 Billion STEP Gas Pipeline
The energy regulators for France and Spain announced last week that they had rejected the controversial Franco-Spanish South Transit East Pyrenees (STEP) natural gas pipeline, the first stage in the larger Midi-Catalonia (MidCat) gas pipeline, citing costs and that it was not necessary.
read more... 25/01/2019
KOG unveils drilling plans for Horse Hill and other UK onshore assets
UK Oil & Gas (UKOG) has unveiled its plans to drill up to nine production, appraisal and exploration wells during 2019 and 2020 across its assets, located onshore UK, including the Horse Hill field, which it aims to bring into permanent production.
read more... 25/01/2019