Latest news
Rosneft begins drilling first exploration well in Iraq
Rosneft Group’s firm began drilling the first exploration well of Iraqi Block 12, as reported by the oil producer Monday.
read more... 20/02/2017
Indian cabinet awards 31 oil and gas blocks under 2016 bid round
The Indian government has finally approved the rights to 31 oil and gas exploration blocks comprising 44 small fields, which were auctioned under the Discovered Small Field (DSF) Bid Round 2016.
read more... 17/02/2017
EIA: US shale oil production to soar by 80,000 barrels a day in March
The EIA forecasts U.S. shale oil production to rise in March at the highest pace since May last year, given that energy companies are increasing their drilling activities, taking advantage from crude prices hovering over $50 a barrel.
read more... 14/02/2017
Polish refiner Lotos targets a long-term oil supply agreement with Iran
Poland's second-largest oil refiner Lotos is interested in obtaining a long-term supply deal with Iran once it accomplishes a new coking division at its Gdansk refinery next year, as stated by its chief executive.
read more... 13/02/2017
Eni launches production at Angola’s East Hub
Italian oil and gas company Eni and its partners commenced production five months ahead of schedule at its East Hub Development Project, offshore Angola.
read more... 09/02/2017