DANA Petroleum, the Aberdeen-based oil and gas operator, said yesterday that first oil had been produced from the Ettrick field in blocks 20/2a and 20/3a in UK waters.
It may surprise some readers to know that oil&gas companies across the EU are subject to the same rules requiring cross-border competitive procurement as government departments, local authorities and public utilities.
Tullow Oil said yesterday it had made one of the largest recent onshore oil discoveries in Africa with the Giraffe-1 well in Uganda, which had proved to be linked to the earlier Buffalo-1 find.
OIL production has been suspended indefinitely in two fields in Azerbaijan as a result of a gas leak - halving output from a group of offshore deposits in the Caspian Sea.
As I write this, Brent crude is trading at about $130 per barrel. The price has doubled over the last year and quadrupled over the last three.
EWEA is sticking to the target it set in 2003 of 180,000MW by 2020 and 300,000MW by 2030, 40% of which is expected to be offshore wind. It should be borne in mind that the European Parliament has, for many years, been calling for a mandatory 25% target for renewable energy by 2020, though the current firm commitment is 20% (equivalent to 30% of the community's entire electricity requirements).
There are differences on basic issues between Iraq's political parties and groups, and these are not expected to be resolved in the near future.