News Archive for: November 2012

An independent Scotland would be richer per head than the rest of the UK if it kept the proceeds from North Sea oil and gas, but would face a crisis when that revenue started to run out, according to the Institute for Fiscal Studies .

The IFS said public spending…

Chevron recently opened the doors to a newly renovated community center in the village of Horodysko, in southeast Poland, where we are exploring for natural gas from shale.

At the unveiling, Chevron’s Poland country manager, John Claussen, and other experts discussed the company’s work in the area with residents of…

Canadian oil and gas producer TransAtlantic Petroleum has been awarded a 35-year concession to start natural gas production from a field in northwestern Bulgaria, the Bulgarian government said on Wednesday according to a report.

Energy Minister Delyan Dobrev said he expected the company to start producing gas in the middle…

The US can shed its long-standing dependence on oil from Saudi Arabia and become the world’s biggest oil producer within the next decade, the world’s foremost authority in energy said on Monday.

The International Energy Agency (IEA) said that the result of new technology allowing the exploitation of new sources…

Danish explorer Dong E&P has been given the green light by Norway’s safety agency to drill an exploration well at the Trym South prospect in the southern North Sea.

The 3/7-8S probe is scheduled to be drilled later this month by jack-up Maersk Giant in a water depth of 65…