Lotos looks to Lithuania for shale
Polish company, Lotos, will begin drilling operations in Lithuania in the hopes of finding shale gas.
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Polish company, Lotos, will begin drilling operations in Lithuania in the hopes of finding shale gas.
Apache moves in on Cordillera in order to expand its available oil and liquid petroleum fields as well as gain access to tight gas reserves.
The Swedish company, Lundin Petroleum, has stated that its production figures would come in near the top end of its forecast for the coming year.
As fire continues to ravage the KS Endeavor, chartered by Chevron, there are claims that crude oil has begun to wash ashore.
Gazprom has brought forward the construction schedule on the South Stream pipeline project to begin in December 2012 as opposed to 2013.
Thoughts on how oil and gas companies can adapt to, and profit from, the uncertain environment they face in the coming year.
The latest EIC Monitor quarterly report shows that all sectors across the global energy industry have seen a decrease in the number and the potential investment value of new projects.
70% of voters favour more oil and natural gas development.
American Petroleum Institute president comments on how making the right energy choices can help the US economy.
A recent study shows that a 1000 km (621 miles) pipeline extension to bring natural gas to European markets from Norway's Arctic waters could be built in eight years at a cost of more than US$ 4 billion.
BP forecasts robust global energy demand to 2030 despite efficiency gains.
Nearly 80% of South Carolina voters favour more oil and natural gas development.