Latest news
Rosneft to strike a $2.5 billion Arctic deal with Statoil
The Russian state oil giant Rosneft announced that it inked a $2.5 billion Arctic exploration deal with Norway's major Statoil on Saturday, move that will allow companies to jointly develop four hydrocarbon deposits in Russia's Arctic and Far East.
read more... 07/05/2012
Eni to launch natural gas production in western Siberia
The Italian energy giant, Eni alongside a joint venture with Russian companies started the production of hydrocarbons in the Russian Federation, from the Samburskoye field, located western Siberia, as the group aims to increase its influence on one of the largest gas market in the world.
read more... 24/04/2012
Statoil makes new discovery near Oseberg
Norway’s Statoil ASA has discovered oil and condensate in the North Sea’s Krafla West prospect. Located around 26 kilometers south-west of the producing Oseberg South find, the discovery well encountered hydrocarbons in two columns with a total thickness of 300 meters.
read more... 01/07/2011
France could become the first country to ban hydraulic fracturing
On Thursday, June 9th, the French Senate (upper house) passed a bill on hydraulic fracturing which involves amendments to the bill passed by the lower house last month, based on the prohibition of hydrocarbons exploration by way of hydraulic fracturing.
read more... 13/06/2011
Gazprom and Total to jointly explore Bolivian energy fields
According to the head of Bolivian energy company, YPFB, declarations, Bolivia and Gazprom may sign an agreement within the next weeks to allow Gazprom to explore of hydrocarbons.
read more... 19/05/2011