CEOs of World’s largest Oil and gas companies jointly declare action on climate change

The chief executive officers of 10 of the world’s largest oil and gas companies – which together provide almost a fifth of all oil and gas production and supply nearly … Read More

Tanzania’s Increases Recoverable Natural Gas Resources To 55Tcf

Tanzania has increased its estimated recoverable gas resources to 55.08 trillion cubic feet from the 53.2tcf estimate in October according to the country’s energy and minerals minister George Simbachawene. The … Read More

Nine Companies and Countries Commit to End the Practice of Routine Gas Flaring

Nine oil companies and nations including Royal Dutch Shell, Statoil, Norway and Gabon have committed, for the first time, to end the practice of routine gas flaring at oil production … Read More

Statoil makes eighth natural gas discovery in Block 2 offshore Tanzania

Statoil has announced that the Mdalasini-1 exploration well has resulted in a new natural gas discovery offshore Tanzania encountering an additional 1.0-1.8 trillion cubic feet (tcf*) of natural gas in … Read More

Eni ranked best in transparency of corporate reporting

Eni was ranked first in the world for transparency of corporate reporting according to an assessment by Transparency International which examined the 124 largest listed companies in the world and … Read More

World’s first subsea wet gas compressor station set for installation in 2015

The world’s first subsea wet gas compressor station is now ready for the final testing at Horsøy before being prepared for installation and hook-up to Gullfaks C, an oil and gas … Read More