After Gaddafi’s ouster. oil was intended to lubricate the reconciliation process.
Read More »Libya Expects Output to Reach Qaddafi-Era Levels
North African country aims to reach a target of 1.6 million barrels a day from 1.25 million barrels currently.
Read More »Rosneft and BP Launch New Line of Fuels Featuring ACTIVE Technology at all BP Filling Stations in Russia
The BP fuel featuring ACTIVE technology has been tested with 110 different test methods.
Read More »North Sea could be Global Testing Ground for New Innovations
BP said it is open to new ideas coming forward from tech start-ups.
Read More »$80 Oil Is Unhealthy For the World
Expensive energy is back and it is threatening global economic growth.
Read More »Petronas Buys 10 Percent Stake in Oman`s Al Khazzan Field
OOCEP holds a 40 percent stake in the block. while Britain’s BP holds the remaining 60 percent.
Read More »Sinopec in Talks to Involve in Papua New Guinea LNG
The supply deal will likely start ahead of this winter and it will be for about three years.
Read More »Iraqi Oil Company Considers Rising Output
The BOC-operated fields will add 700.000 bpd to overall production by 2024.
Read More »Oil Major Chevron to Leave Norway`s Offshore Sector
Chevron is investing billions of dollars in a new reinjection system that will put the sour gas back into the reservoir.
Read More »World’s Biggest Traders Predicts Oil at $65-$100 a Barrel Next Year
Emerging-market crises and trade disputes could dent global demand.
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