Latest news
Construction South Stream project to start in December 2012
Following the authorization from Russian Prime Minister Vladimir Putin, the energy major Gazprom decided to speed up considerably the implementation of the South Stream gas project.
read more... 03/02/2012
Russia cut its gas supplies to Europe by 8-10%
Russia has restricted gas supplies to some European countries as Italy, Poland and Slovakia by 8-10% on Wednesday, a lower level than the usual of 1100 GMT.
read more... 02/02/2012
Canada approves hydraulic fracturing operational practices
The Canadian Association of Petroleum Producers has voluntarily approved officially industry wide fracturing practice on January 30, aimed to improve the environmental performance and transparency of hydraulic fracturing, an extraction method that has attracted a great deal of controversy.
read more... 01/02/2012
Statoil increases offshore gas reserves at its Snøhvit field
The Norwegian oil giant, Statoil is boosting the volume of gas reserves believed to be contained in its Snøhvit offshore field in the Barents Sea.
read more... 31/01/2012
Chevron hits the 13th offshore gas discovery in Australia
US energy giant Chevron has recently announced a natural gas discovery by its Australian subsidiary in the Exmouth Plateau area of the Carnarvon Basin, offshore Western Australia, being the 13th offshore natural gas discovery since 2009.
read more... 24/01/2012