Abu Dhabi National Oil Co. (ADNOC) said on Sunday it has awarded Spanish Cepsa firm a 20 percent share in a concession of two offshore oil fields in a deal worth $1.5 billion.
Spanish coast guard crews worked Sunday to clean up a three-kilometre (1.9-mile) long diesel slick off the holiday island of Gran Canaria after a passenger ferry slammed into a pier.
Iran is mulling the idea of building a refinery in Spain to find new markets and boost its oil exports, Spanish Foreign Minister Jose Manuel Garcia-Margallo said Monday.
Footage recorded from the air by a drone shows incredible images of thousands of Saharawi refugees protesting against exploratory drilling by the San Leon oil company.
Spain's economic crisis and successive corruption scandals have led to looser environmental regulations which have taken a huge toll on the environment, Greenpeace said in a report published on Wednesday.
Protesters plunged half-naked into the icy sea and unfurled banners Saturday to try to stop oil prospecting near Spain's Canary Islands, a major tourist destination.
UPDATED: Spain said on Wednesday it impounded a Greenpeace ship because the crew defied orders to leave a restricted zone where they were protesting against oil exploration off the Canary Islands.
Drillers say have found oil in Moroccan waters just 200 kilometres (125 miles) from Spain's Canary Islands, a possible game changer as Canarians prepare to vote on whether Spanish energy giant Repsol should be allowed to search for oil in the waters off the archipelago.
The President of the Canary Islands is threatening to break off diplomatic ties with Spain's central government while asking islanders to take part in an "illegal" referendum over the islands' controversial oil and gas drilling plans, green-lighted by Prime Minister Rajoy.
Spain "can't afford the luxury" of not drilling for oil and gas off the coast of the Canary Islands, the country's Industry Minister has said, despite strong opposition to the plans from local politicians and green groups.
The Spanish government on Thursday gave oil giant Repsol the green light to explore for oil and gas off the coast of the Canary Islands, a move environmental groups described as "unjustifiable".
Spanish oil giant Repsol said on Friday its shareholders had approved a deal to accept $5 billion in compensation from Argentina for the country's seizure of its subsidiary YPF.
Campaigners warned on Thursday of environmental threats from new oil-prospecting projects off Spain's Balearic and Canary Islands, two major tourist destinations.
Spanish oil giant Repsol said on Tuesday it had agreed to accept a €3.6 billion ($5 billion) compensation package from Argentina for the country's controversial seizure of its subsidiary YPF.
A campaign against plans to drill for oil off Spain's Canary Islands has united politicians, environmentalists and personalities including the mother of Hollywood star Javier Bardem, a native of the archipelago.
