
unconventional reserves
Algeria aims to double oil & gas production in 10 years After a couple of years with no significant investments and the trauma of the In Amenas attack, the Algerian Government and its national oil and gas company (NOC) Sonatrach have decided to ramp up the oil and gas production in order to double it in the […]
Nexen to anchor Aurora LNG project at Grassy Point The Canadian Nexen Energy ULC (Nexen), acquired by China National Offshore Oil Corporation (CNOOC), and its Japanese partners Inpex Corporation (Inpex) and JGC Corporation (JGC) has signed an exclusive agreement with the Government of British Columbia in western Canada to locate its Aurora liquefied natural gas […]
Chevron at final stage for Oleska Shale Gas project After Eni and Shell, which signed a production sharing agreement (PSA) respectively in June 2012 and January 2013, Chevron is reaching the final stage to close also a PSA with the State Government and Regional Councils of Lviv and Ivano-Frankivsk to explore and develop the Oleska shale […]
From UK to Turkey all Europe is working on shale gas In December 2012, UK made the most noticeable step in Europe when ending the moratorium on fracking process after the Blackpool tremors in 2011. At that time not only UK lifted the fraking ban but also unveiled tax breaks and advertised to become the […]
The leading Russian Petroleum Company The actual OJSC Rosneft Oil Company (Rosneft) was established in 1993 in Moscow, Russia, as a wholly state owned company under the name of Rosneftegas based on the transfer of assets from the OJSC Rosneft Oil Company (Rosneft). Then in 1995, Rosneftegas was transformed into open joint stock company (OJSC) […]