Energy giants pen $4bn Algeria oil and gas contract

The contract that will last more than two decades will see companies increase oil and gas production in Eastern Algeria fields

Oil exploration in Greek waters poses threat to whales, campaigners say

Greenpeace activists oppose seismic testing by TotalEnergies and ExxonMobil in whale grounds

Centrica to sell Norwegian oil and gas assets

The British gas owner’s subsidiary will sell its Norwegian oil and gas business and a North Sea field for $1m

Shell wins court case over use of seismic tests in whale breeding areas

Environmental groups had opposed the deployment of the technology in South Africa’s eastern coastline

Greenpeace appeals after losing Norwegian Arctic oil drilling lawsuit

Greenpeace has launched an appeal after an Oslo court rejected its bid to block oil drilling in the Arctic. The environmental group had argued that Norway’s oil and gas exploration in the Arctic violates people’s right to a clean environment. However, the court said a licensing round in 2015 that awarded offshore exploration rights to […]

Global oil finds fell to record low in 2016

Global oil discoveries fell to a record low of 2.4 billion barrels in 2016. This contrasts with an annual average of around nine billion barrels over the last 15 years. That’s according to a new report from the International Energy Agency (IEA), which suggests the trend is likely to continue for the third year in […]

Oil discoveries made in UK North Sea

New oil discoveries have been made in the UK North Sea. Exploration company Apache Corporation found oil in the first two wells which were drilled in the Beryl area. It also announced a large discovery in its Seagull prospect – around 50 miles from its largest oil field in the UK North Sea – Forties Field. Apache estimates the two discoveries to make […]