Jun 2014

Production and exports are on the rise, but the country urgently needs to find new reserves and markets

Two months on from Russia's annexation of Crimea, Europe's largest energy exporter is showing no signs it intends to cut gas supplies to the continent

The British Geological Survey said the commercial amount was unknown

Figures from Bloomberg New Energy Finance reveal that the country's costs are higher than competitors

A looming energy investment shortfall risks derailing carbon-reduction targets the International Energy Agency (IEA) has warned

The UK’s Weald basin could hold almost 9 billion barrels of shale oil, according to British Geological Survey (BGS) data, which, if proved up, has the potential to triple the country’s crude reserves

The UK is poised to reform trespass laws, so onshore oil, gas and geothermal producers will be able to drill under privately-owned land without first seeking consent of the landowner

With the ink still drying on a landmark gas trade contract, Russia is already pushing a second deal with China that would revive a proposal to build a pipeline from Russia's West Siberia gasfields into northwestern China, according to president Vladimir Putin's chief of staff Sergei Ivanov

The company is experiencing growing pains as it seeks to challenge Gazprom

After a quiet year for oil and gas exploration in the Falkland Islands, companies are getting ready for a busy 2015 drilling schedule that will be crucial to the British overseas territory becoming a major producing country

Irena advised the UN that making renewables 36% of total final energy consumption is affordable if policies are put in place

The European Commission argued that Bulgaria had not complied with EU market rules in the construction contracts

Investment plans scrapped and domestic opposition to a land based hub means Israel will focus on a regional pipeline network

Texas based shale specialists FTS International have formed a 15 year joint venture with Sinopec

Chinese gas demand will double over the next five years due to a commitment to clean up the country's pollution

The IEA has said the demand grew just 1.2% in 2013

Interest in Morocco's hydrocarbons sector is growing. Yet with only a number of high-profile exploration failures to its credit, will explorers take the chance?

The country holds a large stake in Iraqi crude, but there is little immediate danger

A report has highlighted significant potential in the region

The Siberian shale play could be one of the world’s largest, but it won’t give up its riches easily

Shell will cut its stake to less than 5%, with half going to Woodside and half to institutional investors

Without a price on carbon, gas is generally seen as an expensive alternative to cheap coal. But the increasingly fungible nature of liquefied natural gas (LNG) and potential market innovations could see gas overtake coal as Asia’s fuel of choice

The company wants to increase production to around 140,000 boe/d in the next five years

Services provider Petro-King warned investors of a slowdown

The fields will raise Total's operated production to more than 0.7 million b/d

Production increased to 92.6 million barrels a day, boosted by non-Opec output

Authorities rejected two out of the four bids they received for the inland refinery in Uganda

Authorities in Zagreb say they will try MOL CEO in absentia on bribery charges

The discovery added up to 85bn cm to the block's reserves

Investors sold off shares after cost worries, making the task of producing more difficult for Petrobras

Crude prices reached nine-month highs in mid-June as political instability and violence in Iraq stoked fears of supply outages

Each will hold a 50% stake in a new company that will build the South Stream pipeline

The government has issued changes to the regulation, but is this good or bad for the UK shale industry?

The company has sold its interest to the government for $1.3 billion

According to Reuters reports, the refinery's future could be under threat as Essar hopes to raise money

Politician Clive Palmer stepped in to oppose the government's plans

Cooperation and collaboration are key to deploying the next generation of carbon capture technology