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Statoil discovers gas reserves near the Gullfaks South field

Statoil, the largest operator on the Norwegian continental shelf, has found gas and condensate located about 2 km west of the Gullfaks South field, in the middle sector of the North Sea.

read more... 10/02/2011

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EDF Energy to boost tariffs for energy bills from March

EDF Energy, one UK’s major energy suppliers, intends to boost the electricity tariffs by 7.5% and gas tariffs by 6.5% from March 2nd, 2011.

read more... 08/02/2011

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Rosneft is considering gas sales to China

According to the declarations made on Friday by a top executive of Rosneft, the Russian giant is eyeing China as the destination for its Siberian gas export.

read more... 08/02/2011

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Indian Oil to build an oil and gas refinery in Turkey

Jyotiraditya Scindia, the minister of state, commerce and industry declared on Friday that Indian Oil Corporation (IOC) plans to build an oil and gas refinery with a yearly processing capacity of 15 million tons in Turkey.

read more... 07/02/2011

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Chevron seeks to invest in Ukraine shale gas extraction

The Ukrainian Prime Minister, Mykola Azarov met last week with Chevron Corporation officials to discuss a possible investment in shale gas extraction in Ukraine.

read more... 04/02/2011

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