Latest news
Italy gives the go-ahead to TAP pipeline
The Trans Adriatic Pipeline (TAP), the final piece of the $40 billion Southern Gas Corridor which will transport Caspian natural gas to Europe, received the green light from one of the top Italian courts despite appeals by local authorities in southern Italy who wanted to move the landfall.
read more... 28/03/2017
Eni discovers oil in offshore Mexico
Italian oil and gas giant Eni made a significant oil discovery in the shallow waters of Campeche Bay in offshore Mexico.
read more... 27/03/2017
Daily (27.03.2017): Mild weather and new LNG on horizon put pressure on UK gas prices
Crude oil prices posted a modest rise on Friday in a late trading, but lost ground for the week on persisting concerns about crude oversupply.
read more... 27/03/2017
OGA awards 25 licenses for exploration and production nearby UK Continental Shelf
As part of the 29th licensing round, the Oil and Gas Authority (OGA) is to award 25 licenses for 111 blocks or part blocks to17 companies, in order to assure further exploration and production across frontier areas of the UK Continental Shelf (UKCS).
read more... 24/03/2017
Polish government-run PGNiG consolidates its position in Norway
Polish government-run PGNiG (Polish Oil and Gas Company) has acquired a share in the Storklakken oil field which was discovered in 2010 by Aker BP ASA. The deal is carrying out PGNiG’s strategy in increasing hydrocarbon production outside Poland.
read more... 24/03/2017