According to the Norwegian Petroleum Directorate (NDP), Europe’s biggest oil producer is expected to miss its oil and gas output target due to interruptions and technical problems. Norwegian oil and gas production fell deeply in September, as various fields were put on care and maintenance, and will likely produce less oil than the expected 1.6 million barrels per day in 2012.
read more... 18/10/2012
Italy is likely to increase its domestic production of oil and gas by 2020 and to improve the production of renewable energy power, as it intends to reduce energy costs and to increase his economic growth.
read more... 17/10/2012
Today British Gas confirmed that it will augment gas and electricity prices by 6% starting from November.
read more... 12/10/2012
The Bulgarian government gave the green light yesterday to a public tender for a permit for deepwater oil and gas prospecting and exploration at Block 1-22 Teres in Black Sea.
read more... 11/10/2012
Europe is seeing a 'golden age of coal' thanks to cheap U.S. exports, said a senior gas analyst at the International Energy Agency (IEA), an advisory body which last year proclaimed the world was heading for a 'golden age of gas.'
read more... 10/10/2012